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LipstickOnPig

Time to Take a Pot Shot at the Cannabis Index

By Lucian Miers | Sunday 19 May 2019


Disclosure: The author has a short position in one or more of the shares mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


As I write the Dow Jones has recovered most of Monday’s fall, but it still looks possible for it to be down for the fourth straight week. Either way, it looks like this year’s straight-up rally is running out of steam. In my view, a good way to play market downside, rather than shorting the Dow or S&P, is to be short the cannabis craze

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