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Moderna . Is The Party Just Starting? Moderna Just Jumped 8.83 Percent In One Day.

First the five year and five day charts. Now the news that is causing this excitement. Pfizer as mentioned is also kicking up. Here is it's year-to-date chart. Drug stocks in general can disappoint. Given that Moderna has a large short position that could be a positive in making it's stock go up. What about Eli Lilly and it's weight loss drug? Here is it's year-to-date chart. Here we are now. Eli Lilly had a big jump on the opening. The action was in catching this news yesterday. It was all available before the markets closed. It's Wednesday morning and look at these three overextended series of Calls that expire this Friday. Thirty day Call options are really the way to go. But then again it's best to stay away from drug stock options in general unless you have a special interest in this sector. Some option players have developed a nack for chasing the ups and downs on Eli Lilly. They are playable. Check back on Friday to see how these three option serie...

A Canadian Company Up 68% In One Day

Canopy Growth. It's one year and one day chart.
Now it's five day chart.
What's going on? Well let's start with why it surged last August.
So now what? Why did it pop this time? Well this time, like last time many of the stocks in the marijuanas space popped. Look at the last Fridays action in these other matijuana stocks.
Here is the news this time. Many sources talk about it in different way.
Now this.
So this kind of paints the picture of what is happening. Canadian companies have kind of got the jump on growing techniques after burning through billions of dollars in startup capital. Now they are all of on a mission to expand their footprints overseas. Skeptics of the industry who have witnessed these surges in this group of stocks might now tout this as being a good time to sell. Afterall there are millions and millions of outstanding shares and the daily volumes traded are at time quite insignificant.These are difficult stocks to play and even more difficult to play are options on them. Watching this segment of the market can be exhausting experience. A March 30th update. Look at how these stocks are trading one week later after this surge.
These numbers are diffcult to read so I will print them out. Sundial up another $.25, Canopy Growth up $.96, Village Farms up $1.03, Curaleaf up $.03, Tilray up $.16, and Aurora down $.67. Let the better times roll. **** To put things into perspective look at some of these ten year charts. Timing is everything. Look at the volumes of trading coming back into some of these stocks. What do you think is going to happen next?
More news, April 3th.

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