A couple of my more successful short positions this week have been in the shipping sector. Below are Federal Express and United Parcel Service:
Ship Happens
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Pot Stocks Looking Higher
Marijuana stocks are among our top charts to watch today.
Aurora Cannabis Inc. (ACB) rose 8 cents to $8.96 on 21.3 million shares Wednesday. Bank of America Merrill Lynch named the company as one of three marijuana stocks to buy. The stock, after sharp year-to-date gains, has been consolidating in recent weeks, but may be on the verge of its next leg up with cannabis stocks in general. Next target is around $10.50, above its March high.
Latest Healthcare Victim
Just about the only corner of the equity world in which stocks are weak – – healthcare – – continues to sink, with Cigna as today’s example.
Unhealthy
For whatever reason, the health care sector is not taking place in the bull orgy that every other sector is. This is the XLV:
