Ripple’s Next Support Level is a 50% Plunge from Current Price

Ripple’s Next Support Level is a 50% Plunge from Current Price

Ripple’s cryptocurrency XRP is trading at its lowest 2018 support level. Should it break below this point, it will indeed reach true HODLer territory; that is, a 50% plunge to its 2017, near-starting range of $0.24. Consider this a very wild ride, from $0.20 levels in...
Dow Breaks Below 200-Day Moving Average and Previous Swing Low

Dow Breaks Below 200-Day Moving Average and Previous Swing Low

Larry Kudlow affirms Trump administration’s “no retreat, no surrender” stance on China. Yield curve has flattened. The US Dollar and oil are moving higher. Stock market is declining.     For the sake of convenience, we start our count with the February 27,...
UPDATE 6-27-18: Should I Buy Bitcoin Now or Wait?

UPDATE 6-27-18: Should I Buy Bitcoin Now or Wait?

Ten days ago, we published an article on Bitcoin’s technical price action. Here’s the update. See the chart below.     We identified (3) as the next support level. As it turned out, price has bounced off $5,777 and is currently hovering around that level....
A Cannabis REIT That Pays Dividends

A Cannabis REIT That Pays Dividends

If you are looking for a cannabis-related asset that pays dividends and doesn’t have to do much to maintain its revenues, you might want to check out Innovative Industrial Properties (IIPR).     Innovative Industrial Properties is a real estate investment...
Two Marijuana Stocks Focusing on High-Margin Oils

Two Marijuana Stocks Focusing on High-Margin Oils

It appears that Canada may become the first country in the “first-world” division to fully legalize marijuana for adult use. With many of Canada’s top producer stocks trading on the US stock market, and with the US itself not so far behind in terms of legalization,...