/biz/ - Business & Finance

>>11833412
123fuck45niggers67andfuck8jannies9

I switched to part-time at wageslavery a couple months back, trying to make the switch to full-time trading, and today I received a very lovely letter from my pension plan. It seems, since I am no longer paying in to said plan as I am a part-time hourly time clock puncher now, I have to tell them where to put my pension cash monies. Now, I knew most of it would have to go in to LIRA (locked until I'm 50 by federal law) as I am by no means retirement age, it seems there were some over-contributions made that I can receive right away in spendable cash monies.

Didn't read blog: OMG I HAVE SEVERAL EXTRA THOUSANDS TO GAMBLE ON SHITSTOCKS NOW

fuck yea. By the way, if I can trade inside the LIRA... you better believe those funds are getting gambled too. This has lubricated my switch to trading for a living in a completely unanticipated way.

Sector is looking good. Random tickers have started to pump on no news. P&Ds are back in force. Lots of running up garbage 30% followed by heavy sell offs (I'm looking at you TGOD). Canopy probably going to break its ATH within a couple weeks if this keeps up.

My sole trade of the day was a knife catch on an oversold FFT. Last time FFT went sub 30 RSI on the daily was July 2017; it rose 25% off that, consolidated, went on to double a couple months later. Don't think i'll sit around for all that but I'll be happy to scalp 20% on the oversold bounce.

House of Commons kicked weed bill back to senate with some rejections of senate's amendments. Only three are really contentious: senate amended to allow provinces to ban home growing, ban swag advertising (t-shirts and stuff), and implement public a registry of marijuana investors to "keep organized crime out of the market". HoC said fuck off to all three of those. So now senate has to decide whether it wants to dig in heels on these or knuckle under and drop those amendments. Answer will be forthcoming by the end of the week.

PM Trudeau appointed two extra senators today. They're already on the job and will participate in the vote tomorrow. Little extra insurance the bill passes although, judging by the strong majorityin which second reading passed, he doesn't really need it. For those unfamiliar with Canadian flavour of senate, it's a shit show. Everyone knows it's a shit show. Senators are given the job by Prime Minister appointment. Electorate has no say. They're lazy and a drain on tax payers' money. Many politicians in Canada has lobbied for total overhaul of the system and/or abolishment of the senate entirely. Nevertheless, this is what we've got and this is what has to happen to get recreational weed legal.

https://pm.gc.ca/eng/news/2018/06/06/prime-minister-announces-appointment-two-senators

USA Today article about the Canadian legalization from the US perspective.

https://www.usatoday.com/story/news/2018/06/06/canada-and-marijuana-nation-set-approve-legal-pot-sales/674912002/

Excatly one year from now, Etherium was 10$ a coin. Now it's over a 1000$ per coin. What coin will be the ETH of 2018 and increase it's value by 10000%?