Highlights from the Week

Biggest Winner: Canopy Growth (CGC)

Canopy Growth Corp's (CGC) announcement that they would be breaking into the U.S. consumer cannabis sector carried the pot space even higher this week with CGC adding +12.01% to its massive +88.20% Year-to-Date gain.

GW Pharmaceuticals (GWPH), the cannabis prescription play, also saw gains of +7.40% this week as the healthcare sector rebounded.

Biggest Loser: Nvidia (NVDA)

Following Intel's (INTC) earnings report seeing slowing growth in China, Nvidia (NVDA) stock retreated -4.41% to close the week, but was as low as -7.00% as Nvidia's May 16 earnings date grows nearer. Some analysts and investors expressed concerns that this week's movements in NVDA was similar to moves experienced during the December selloff suggesting even bigger losses in the coming weeks.

This Week’s Moves

No Moves This Week 

For long-term investment portfolios, a week with absolutely no moves is rare but not unusual. We use slow weeks as an opportunity to revisit our trading plan and analyze each of our positions to ensure our Buying Stages are properly set given how they change over time.

Want Further Clarification?

As always, if you have questions any of our positions or have positions of your own that you're curious about -  feel free to leave a comment below!