Wednesday 25 December 2019

Expect a Big Rebound on TSX Venture, CSE and Cannabis Stocks

2019 has been a terrible year for small cap stocks in Canada. The CSE has dropped 60% since April and nearly 80% since the start of 2018, led by the tank in cannabis stocks. The TSX Venture is also negative on the year though not nearly as bad. We expect a big rebound starting in January after tax loss selling season is over. While large caps remain high, we think money will flow to small caps before any kind of major pull back on the stock market.

We think that Kalytera Therapeutics Inc. (KLY.V) (KALTF) at $0.035 in Canada and its warrants KLY.WT.B at $0.01 are at the top of the list for significant rebound candidates in early 2020. Read our article "Buying Cheap Cannabis Warrants: Kalytera Looks Ready For A Run After Getting Unsolicited Offers" for more details. We are up to 868 followers despite not giving out a lot of alerts, a fact that we think is indicative of a successful, diligent and prudent stock picking history. You can follow us on Twitter @StockTradePicks. We have over 4,000 followers on Twitter.

KLY has repeatedly stated that it is in discussions with multiple potential partners for its GVHD program and that it expects a deal to take place some time in Q1. Kalytera is in a great position to get caught up in a bidding war. The company released its Phase 2 results for CBD to treat GVHD over the summer. The trial went so well that the company is cancelling the rest of it and going ahead with its Phase 3.

2019 was a rough year for cannabis stocks, but things are slowly starting to turn around for some companies like Kalytera. As we look ahead to 2020, TradeMiner may be able to help as it identifies seasonal trends and market cycles. Microcap Millionaires finds the next big small cap plays in weed and other industries while Addicted to Profits makes trades from a Canadian perspective. You can also find some insightful information about CBD here.

There are also some good books available such as:

Stock Investing for Beginners: Marijuana Stocks

Make Money Online With Cannabis Stocks: Learn This Basic Strategy and Build Wealth With Cannabis Stocks

Beginner's Guide to Investing in Canadian & US Pot Stocks

Marijuana Stock : Investing in Marijuana Stocks for Passive Income

How To Invest In Cannabis or Marijuana Stocks - Cannabis Investment Group

Here are some other good stock market resources. This includes technical analysis and day trading, dividend stock investing, gold and commodities, sector rotation, options trading and microcap trading strategies:

The dividend stock report from dividendstocksonline.com