What You’re Missing About Pot Stocks
Markets these days are anything but predictable. You have zombie companies roaming around—propped up by zero-percent interest rates—waiting to go under, retail investor rebellions against hedge funds, unpredictable block trading, and, oh yeah, a global pandemic upending global economic activity.
But there’s one thing you can always rely on: marijuana stocks.
Now, you’re probably thinking: pot stocks are famously volatile and unpredictable—how could anyone say otherwise? To an extent, you’re right. Day to day and year to year, marijuana stocks have been on the unpredictable side.
But if you step back and look from a macro perspective, the picture becomes much clearer. Pot stocks are bound for growth. You know it. I know it. It’s only a matter of time before we see the legal marijuana market open up globally.
The growth will come not only from political movements toward legalization in the U.S., Europe, and elsewhere, but also with the continued clampdown on the black market.
These things are inevitable. I use that word a lot in regards to the marijuana industry, and it’s important to understand just how powerful that word is in relation to the stock market.
Few things are inevitable when talking about the stock market. Managing the unpredictable nature of trading is precisely what separates good investments from bad ones.
So when you do find an industry, security, trade, etc., that has a degree of…
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What You’re Missing About Pot Stocks
Markets these days are anything but predictable. You have zombie companies roaming around—propped up by zero-percent interest rates—waiting to go under, retail investor rebellions against hedge funds, unpredictable block trading, and, oh yeah, a global pandemic upending global economic activity.
But there’s one thing you can always rely on: marijuana stocks.
Now, you’re probably thinking: pot stocks are famously volatile and unpredictable—how could anyone say otherwise? To an extent, you’re right. Day to day and year to year, marijuana stocks have been on the unpredictable side.
But if you step back and look from a macro perspective, the picture becomes much clearer. Pot stocks are bound for growth. You know it. I know it. It’s only a matter of time before we see the legal marijuana market open up globally.
The growth will come not only from political movements toward legalization in the U.S., Europe, and elsewhere, but also with the continued clampdown on the black market.
These things are inevitable. I use that word a lot in regards to the marijuana industry, and it’s important to understand just how powerful that word is in relation to the stock market.
Few things are inevitable when talking about the stock market. Managing the unpredictable nature of trading is precisely what separates good investments from bad ones.
So when you do find an industry, security, trade, etc., that has a degree of…