Without question the global markets truly wish they could erase the Week of August 17th-21st from their records. It hurt that bad. The DOW JONES INDUSTRIAL spilled its guts starting the week at 17,435+ and ended on a disappointing 16,459, a loss for nearly 1,000 points. As a result, the VIX Fear Indicator has sky-rocketed, gaining nearly FIFTY PERCENT on Friday alone. Fear and contagion are beginning to spread their ugliness throughout the markets as the DOW dropped -530 points in one session alone Friday. That’s following the market being down -350 points on Thursday. The S&P has nothing to brag about as we finally sank below 2K levels as we enjoyed highs over 2,100 on Monday and now sit sub-2K at 1,970. Market fear is heating up but some stocks like Twitter are reaching attractive levels and opening up plays for some savvy investors like Marijuana Stocks.
First, TWITTER, INC. (NYSE:TWTR) saw some green on Friday as the stock didn’t submit to the sell-off. The Company announced that they will be releasing the information of their new CEO before market open Monday, August 24, 2015. The stock appears to be liking the news wanting to charge higher into the green but we will see how investors and traders digest the news as it hits the wires. The stock had an all-time high of just about $75 dollars and now sits at $25.87, a very attractive level for new comers pricing this highly publicized stock below its IPO levels which is why many are calling for a potential TWITTER buy-out which can send this stock to freshly high soaring levels.
The Marijuana Markets are heating up as investors are back on the bong. Traders and long-time marijuana stock junkies enjoyed some green as CANNABIS SCIENCE, INC. (OTC:CBIS) saw their share price thrust from .016 to .048 on Tuesday, August 18th, eventually to close the week out at .0301 cents nearly doubling its value for the week. AMERICAN GREEN, INC. (OTC:ERBB) also spiked up from .0019 to hit .0027 which is a tremendous gain for the stock and one of Marijuana investors all-time favorite pick for its catchy ticker-symbol. The Company behind the name is looking to make big moves and sexy-up its balance sheet as business begins to pour in and investors once again start demanding shares. ERBB tagged nearly .20 cents last rally and currently sits at .0022. with some simple math and a $500 investment, this stock could land you $80,000 if you bought at .0022 and sold at .35 cents, a rather modest Price Target. Another Marijuana Giant MARYJANE GROUP, INC. (OTC:MJMJ) has recently sounded off in their shareholders conference and discussed the major potential for the company, America’s First Cannabis Camp. The stock sits at .0011 and is coming off a 52-week high of of nearly .30 cents. $500 in MJMJ could land you $136,000 when you hold till it goes back to its year high.
One thing that typically has followed these soaring VIX times and tanking DOW and S&P phases is increased attention in bad things, like Marijuana. It’s very strange to appreciate the reverse correlation, but accept it for its truth. When times get rough, people want their tobacco, drugs, and alcohol. Maybe guns too. And the Marijuana sector has historically been an attractive market to play in given rough, uncertain times. Penny Stocks alone begin to spike as Volatility comes about. And we are beginning to see this in stocks like CBIS and ERBB. CBIS make a massive 5-year movement that looks to be the beginning of a major upward movement. Keep in mind, 2016 U.S. Presidential Elections are right around the corner and Marijuana is likely to be a key topic as to legalization. Expect big movement from the ENTIRE SECTOR. Smart money has been heard to be investing recently and for years now quietly loading up shares. Now when the rush comes, there will be limited shares, driving these prices to the moon. The Marijuana sector has been compared to our generations Microsoft and Hershey. Stocks like HEMP, INC. (OTC:HEMP) are stocks that have spiked to over $3.00 a share and are now sitting at levels of .0842 cents. Do the math on that stock. $500 dollars at .0842 cents would be worth over $20,000 when the stock touches $3.50 after hitting recent highs over $3.00. These stocks have bottomed out and are showing serious signs of movement for those who can actually read and understand the industry. Here at Stock Market Monitors, we’ve followed Marijuana Stocks for several years. And we can see first hand that these stocks are beginning to heat up for some serious action. It’s even more exciting to think that these stocks’ best years lie ahead, with each year getting better than the last.
Not as many good things can be said about the overall markets as things look grim with many analysts calling for lower levels and cutting price targets left and right. Commodities like GOLD are seeing a nice bounce as GOLD has typically been a surety through these tough times. OIL levels have faded testing the $40/barrel level again but making many oil investments very attractive to traders and investors which is why we’ve seen these stocks lower but typically on the rise in the coming weeks. Our yearly tip would be, if you’re looking to make some money now, get into the Marijuana stocks and hold them for a week.