CANNAINVESTOR Magazine U.S. Publicly Traded February 2018 | Page 101

101

The Dow Jones suffered its greatest one-day point drop (not %) on Monday February 5th followed by another large decline on February 8th. After a nine-year bull run, to some such a correction was long over-due. Most agree that this is not the ushering in of doom and gloom but rather a correction caused by one or more of the cancelling of buy orders, threat of inflation/rising rates, increased yield on Treasury Bills, etc. A nine-year bull run needing a rest may be just as valid a reason as any other. Regardless of what the variables were that contributed to this adverse volatility, let’s look at the Feb 2 – Feb 6 change on the Dow, the US MJ Index, and the Canadian MJ Index.