06Apr1:33 pmEST
Drugs Are Bad, M'kay
On the back of Chilean ag SQM, which also is a lithium play, surging today, other niche chemical ag firms are in focus on the long side.
Scotts Miracle-Gro, once seen as innocent as a G-rated Disney movie in terms of consumer products, seems to be acting out an episode of Weeds with its branching out to pot growers.
Of course, an article from The Cannibast is probably not the best investing strategy, which is why the chart, below, shows a proper consolidation after SMG's prior uptrend, which was a rather explosive one.
If the market hangs in here, I expect the chemical ags to outperform further.
More in my usual Midday Video for Members.
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