BLOG
Join the Conversation
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,...
Cryptocurrency Majors Are About to Breach Key Support
There isn’t much that can be said here...just a few images: Bitcoin is about to break below key support Litecoin already broke below key support Ethereum is slowly moving toward key support Ripple is also moving toward key support The issue here is that the...
Green Organic Dutchman: A New Major Player in Canada’s Cannabis Industry
The Motley Fool brought to our attention a new public pot stock—The Green Organic Dutchman (TGODF)—that, according to them, is on track to becoming “Canada’s fourth-largest producer.” Here’s how they figured this calculation: Aurora Cannabis may produce 570,000...
UPDATE: Cronos Breakout Target Hit, Uptrend Near Confirmed
Earlier this month, we covered a potential breakout scenario for Canadian cannabis stock Cronos Group (CRON). The setup illustrated in steps (1) and (2) show the anticipated breakout. We had an initial target of $7.94 which was eventually hit (3). Price...
Should I Buy Bitcoin Now or Wait?
If you’re a HODLER type, then it might not really matter much as long as you believe that Bitcoin will someday operate as a common currency and that you have the capital means to make such a purchase. But if you want to be more discriminate as to timing your...
Identifying Trend Reversals Using Price Action
The tricky thing about speculating on trends is that the very notion of a trend is a projection of something past folded into the present. In other words, it's something of a paradox, but that's beside the point. Essentially, you can't predict the future regardless of...
This is How Bitcoin’s Crash Might Impact Stocks
Some investors are worried that there might be a contagion spreading from Bitcoin to equities. According to CNBC, we are seeing a “divergence” that is rapidly widening between the S&P 500 and Bitcoin. So, what does this mean? It should be a relief to equities...
New York Financial Regulators Approved Stellar Lumens to Trade on itBit
Financial regulators in New York has approved Stellar Lumens. It will be traded on itBit, an institutional-grade crypto exchange that also offers Bitcoin, Bitcoin Cash, Ethereum, and Litecoin. The importance of this move is twofold: First, and most importantly, it...
More Banks Working with Cannabis Businesses Despite Federal Govt.’s Stance Against It
Last month, FinCEN counted a total of 411 U.S. banks and credit unions operating accounts for cannabis businesses; a 20% increase since last year. The number of new cannabis businesses took a dive after AG Jeff Sessions revoked the Obama-era guidance on cannabis...
Steve Bannon and Harvard Academics Team Up to Create “Deplorable Coin”
Remember Steve Bannon? Well, he’s back, and he’s teaming up with a few Harvard academics to create the “Deplorable Coin,” a reference to Hilary Clinton’s comment on the alt-right movement. Now, why is Bannon a strong supporter of the crypto-space? I think the answer...
The risk of loss in trading stocks, options, foreign equities, and bonds can be substantial and is not suitable for all investors. Trading on margin is not suitable for all investors and losses exceeding your initial deposit is possible. Supporting documentation is available upon request. Day trading is high risk, speculative trading strategy and not suitable for all investors. Carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources and only risk capital should be used. You are fully responsible for any investment decision you make. Halifax America does not make investment recommendations and does not provide tax, financial, or legal advice.
Partners and regulatory bodies
