{"id":57598,"date":"2021-10-20T13:13:54","date_gmt":"2021-10-20T17:13:54","guid":{"rendered":"https:\/\/www.t3live.com\/blog\/?p=57598"},"modified":"2021-10-20T13:13:54","modified_gmt":"2021-10-20T17:13:54","slug":"scott-redler-power-plays-cannabis-name","status":"publish","type":"post","link":"https:\/\/blog.t3live.com\/2021\/10\/20\/scott-redler-power-plays-cannabis-name\/","title":{"rendered":"Adding a Cannabis Name to Power Plays&#8230;"},"content":{"rendered":"<p>I just added a cannabis name to <strong><a href=\"https:\/\/www.t3live.com\/blog\/scott-redler-power-plays-monthly\/\">my Power Plays service<\/a><\/strong>.<\/p>\n<p>Why?<\/p>\n<p>Most of the time, the group is EXTREMELY hard. The stocks can go down whether the news is good or bad.<\/p>\n<p>Look at this chart of the <strong>ETFMG Alternative Harvest ETF<\/strong> (MJ):<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone wp-image-57599\" src=\"https:\/\/www.t3live.com\/blog\/wp-content\/uploads\/2021\/10\/MJ-20_Oct_2021_12_56.png\" alt=\"\" width=\"496\" height=\"351\" srcset=\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2021\/10\/MJ-20_Oct_2021_12_56.png 1303w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2021\/10\/MJ-20_Oct_2021_12_56-300x212.png 300w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2021\/10\/MJ-20_Oct_2021_12_56-1024x725.png 1024w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2021\/10\/MJ-20_Oct_2021_12_56-150x106.png 150w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2021\/10\/MJ-20_Oct_2021_12_56-768x543.png 768w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2021\/10\/MJ-20_Oct_2021_12_56-80x57.png 80w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2021\/10\/MJ-20_Oct_2021_12_56-220x156.png 220w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2021\/10\/MJ-20_Oct_2021_12_56-141x100.png 141w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2021\/10\/MJ-20_Oct_2021_12_56-212x150.png 212w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2021\/10\/MJ-20_Oct_2021_12_56-336x238.png 336w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2021\/10\/MJ-20_Oct_2021_12_56-586x415.png 586w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2021\/10\/MJ-20_Oct_2021_12_56-688x487.png 688w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2021\/10\/MJ-20_Oct_2021_12_56-841x595.png 841w\" sizes=\"(max-width: 496px) 100vw, 496px\" \/><\/p>\n<p>MJ is up just +2.4% +YTD.<\/p>\n<p>For comparison:<\/p>\n<ul>\n<li><strong>SPY<\/strong> is up 21%<\/li>\n<li><strong>QQQ<\/strong> is up 20%<\/li>\n<li><strong>XLE<\/strong> (energy) is up 53%<\/li>\n<li>The F.A.N.G. stocks are up 27%<\/li>\n<\/ul>\n<p>But once or twice a year, the cannabis sector is ripe to catch up &#8212; and it typically happens in the fourth quarter.<\/p>\n<p>And this particular name I'm selecting for Power Plays seem primed for an early January effect move. (the January effect seems to happen a little earlier each year)<\/p>\n<p>Want in?<\/p>\n<p>Join <strong><a href=\"https:\/\/www.t3live.com\/blog\/scott-redler-power-plays-monthly\/\">Power Plays<\/a><\/strong> with a $39 monthly subscription and you'll get my full take, plus a $95 bonus on me.<\/p>\n<p>Limited time!<\/p>\n<p><strong><a href=\"https:\/\/www.t3live.com\/blog\/scott-redler-power-plays-monthly\/\">Click here<\/a><\/strong> to learn all the details!<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I just added a cannabis name to my Power Plays service. Why? Most of the time, the group is EXTREMELY hard. The stocks can go down whether the news is good or bad. Look at this chart of the ETFMG Alternative Harvest ETF (MJ): MJ is up just +2.4% +YTD. For comparison: SPY is up 21% QQQ is up 20% XLE (energy) is up 53% The F.A.N.G. stocks are up 27% But once or twice a year, the cannabis sector is ripe to catch up &#8212; and it typically happens in the fourth quarter. And this particular name I&#8217;m selecting for Power Plays seem primed for an early January effect move. (the January effect seems to happen a little earlier each year) Want in? Join Power Plays with a $39 monthly subscription and you&#8217;ll get my full take, plus a $95 bonus on me. Limited time! Click here to learn all the details! &nbsp;<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[737],"tags":[],"class_list":["post-57598","post","type-post","status-publish","format-standard","hentry","category-scott-redler-power-plays"],"_links":{"self":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/57598","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/comments?post=57598"}],"version-history":[{"count":3,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/57598\/revisions"}],"predecessor-version":[{"id":57605,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/57598\/revisions\/57605"}],"wp:attachment":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/media?parent=57598"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/categories?post=57598"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/tags?post=57598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}