Quote:
Originally Posted by bing240sx
i'm staying away from most US plays for the time being until the Canadian ones max out, which they have not even come close to given all of the short term catalysts. Holding EAT and TGIF though. I'm in Canada so i dont use the US tickers
the US stocks will not moon until there is clarity on descheduling or fed legal.
for typical US equities i like the banks and yes, Disney is a definite buy over the medium term.
|
Yeah the Sessions fed announcement through a wrench in all the new capital getting ready to go into funding businesses. Not so much kids with joints getting mandatory minimums, but it sure threw US based businesses into a loop if you were set to apply for funding or have future funding.
I think theres still tons of opportunity but you're right might be another 2-4 years until it can flourish due to the federal regulators here.