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MSOS / MSOS: Character Change In Cannabis Sector (Technical Analysis)

MSOS: Character Change In Cannabis Sector (Technical Analysis)
The cannabis sector is seeing record high trading volumes on the back of news that the drug may be reclassified. Price action suggests a significant character change in the sector. Institutional money is likely driving the move higher, with the MSOS ETF now trading above its key moving averages for the first time since March 2021. Stocks thrive on momentum and a "thematic story" (e.g. AI stocks in 2023). MSOS ETF is down close to -85% from its all-time highs, and there is huge upside potential. Read More
Posted: Sep 14 2023, 03:17
Author Name: Seeking Alpha
Views: 112276

MSOS News  

Cannabis banking measure may win approval in Senate, report says

By Market Watch
September 15, 2023

Cannabis banking measure may win approval in Senate, report says

The Secure and Fair Enforcement (SAFE) Act, also known as the SAFE Banking Act, will be voted on in committee by the end of the month and should have more_horizontal

MSOS: Character Change In Cannabis Sector (Technical Analysis)

By Seeking Alpha
September 14, 2023

MSOS: Character Change In Cannabis Sector (Technical Analysis)

The cannabis sector is seeing record high trading volumes on the back of news that the drug may be reclassified. Price action suggests a significant c more_horizontal

Options Action: Traders bet big on cannabis stocks

By CNBC Television
September 5, 2023

Options Action: Traders bet big on cannabis stocks

Mike Khouw, Optimize Advisors president, joins CNBC's Melissa Lee and the Options Action traders to talk pot stocks. more_horizontal

MSOS: Cannabis Stocks Soar On HHS Recommendation To Reschedule, Buy These 3 Stocks Now

By Seeking Alpha
August 31, 2023

MSOS: Cannabis Stocks Soar On HHS Recommendation To Reschedule, Buy These 3 Stocks Now

Cannabis stocks surged on news that the U.S. Department of Health and Human Services recommended rescheduling cannabis to a Schedule III drug. Resched more_horizontal

Options Action: Options trader bets cannabis ETF hits $10 by January

By CNBC Television
August 30, 2023

Options Action: Options trader bets cannabis ETF hits $10 by January

Mike Khouw, Optimize Advisors president, joins CNBC's Melissa Lee and the Options Action traders to talk a bullish bet in the cannabis space. more_horizontal

Avoid Cannabis ETF MSOS

By Seeking Alpha
August 7, 2023

Avoid Cannabis ETF MSOS

Cannabis stocks have performed poorly in 2023, with the Global Cannabis Stock Index down 16.5% while the S&P 500 is up 16.6%. The AdvisorShares Pure U more_horizontal

Pennsylvania state senators launch cannabis adult-use legislation

By Market Watch
July 6, 2023

Pennsylvania state senators launch cannabis adult-use legislation

Pennsylvania state Senators Dan Laughlin, Republican, and Sharif Street, Democrat, said Thursday they introduced Senate Bill 846, a bipartisan measure more_horizontal

Is Cannabis ETF (MSOS) Finally Low Enough to Go High?

By See It Market
June 22, 2023

Is Cannabis ETF (MSOS) Finally Low Enough to Go High?

Wednesday, we began to see a separation between what Chairman of the Fed Powell said on fighting inflation, and the inflation indicators themselves. F more_horizontal


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