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trading strategies

Trading Strategies

April Has Already Been an Amazing Month for Legal Weed

It's been touch and go for the stock market, I admit, but the global advancement of cannabis took some significant steps forward over the past few weeks.

This likely points to bigger gains for weed stocks, like the ones in my Nova-X Report Roadmap to Marijuana Millions model portfolio, just around the corner.

The momentum is unstoppable.

Earlier this week, I told my paid-up Nova-X Report readers that popular sentiment has moved much too far in favor of legalization of marijuana for anything – even Jeff Sessions – to stop it.

A Gallup poll last year showed 64% of Americans are in favor of marijuana legalization; more states are setting up legalization campaigns.

And none of this even takes into account the multibillion-dollar potential to be unlocked when the entire nation of Canada legalizes cannabis this summer, as we expect it will.

And just when it seems like things couldn't get much better… they do.

Because now we hear that legal weed will be bigger than wine.

Just take that in for a moment - because it looms large among a couple of pot-bullish developments I want to tell you about this week...

Short selling

The "Weirdest," Most Exciting Chart I've Seen in Four Years

One of my favorite, most powerful tools that's been at the heart of my trading for more than 20 years is short interest.

In fact, I love it so much, I've written about it before, showing how I use it to help pick the best stocks for my Seismic Profits Alert subscribers.

Today, though, I want to approach short interest a little differently, because it's telling us something very important about this market that all traders need to know...