SYNOPSIS

There is definitely more “bull” associated with the US president than with the stock market in recent years, although January’s price performance has been a pleasant change over a devastating final few months of 2018. So far, Christmas Eve is still holding as a correction low. Let’s keep it that way!

Day by Day… We were back to a more typical intra-week pattern last week with ups and downs and not much change overall. Remember that the US had a Monday holiday last week, but that doesn’t explain the underperformance of US stocks over the remainder of the week.

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We added two new positions last week.

Cannabis Corner… We’ve reshuffled the “$ Billionaire Club” (companies in the cannabis space with a market cap of $1 billion or more). We now have a few new members. Meanwhile, we still have Marijuana Stocks Weekly, our semi-autonomous web site with about 150 publicly-traded cannabis companies, complete with trend and consistency data, and some extra pages of useful information. The same trend data are also available in the Data & Charts Workbooks at the member site.

PTA Perspective… No in-depth coverage of a major topic this week. Just the basics. We’re probably due for another Q&A session next weekend. We’ve been accumulating reader questions, but could use a few more. If something’s puzzling you about our PTA data, TrendWatch Weekly or the markets in general, simply reply to the Synopsis email, or use this link and express yourself.