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Canopy Time

By:
Przemyslaw Kwiecien
Published: Feb 15, 2021, 13:43 GMT+00:00

Cannabis stocks are in the spotlight right now, after the GME bubble bursts. In this week’s market update, XTB’s Chief Market Analyst discusses which are the top traded cannabis stocks, what we can expect from US500, US bond yields, the price of platinum, and more.

Viersen, Germany - January 9. 2021: Closeup of mobile phone screen with logo lettering of cannabinoid company canopy growth, blurred marijuana and pipette background

Watch this video to learn about:

  • Top traded cannabis stocks
  • US500 rallying towards 4000 mark
  • Rising US bond yields and the dollar
  • Platinum chasing other metals

Other top news this week include:

  • Markets closed in the US and Canada (Monday)
  • Oil surges on Middle Eastern tensions
  • US sales (Wednesday)
  • FOMC minutes key calendar positions (Wednesday)
  • Holiday in China

Don’s miss our latest market update:

About the Author

Przemyslaw is Head of Research at the XTB where he spent 13 years of his 17 year career. Data focused analysts with 24 years of investment experience, Przemyslaw holds Investment Adviser License (nr 696), the CFA designation and PhD in economics.+

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