The US Commerce Department announced New Home Sales were down 11.4%. The New Home Median Price was also down 3%, with the inventory being the most since July 2009. Economists view this as a BLIP. With high inventory and dropping prices, I believe this foreshadows the upcoming months unfortunately.
The DJIA was up by 37.7 points or 0.18 % to 20932. The TSX was up 18.48 points or 0.12% to 15476.
Commodities
Gold was down $9.80 for Gold at $1,251.60
Silver was down $0.116 to $17.08
Copperwas up to $2.60
Oil was up to $51.52
Natural Gas was down to $3.23.
What’s Happening…..
Aphria (APH) $5.70 (+$0.02 or 0.35%)
No news posted
Aurora Cannabis (ACB) $2.50 (-$0.01 or 0.4%)
No news posted
CanniMed (CMED) $9.38 (-$0.37 or 3.7%)
No news posted
Cannabis Wheaton Income (CBW) $1.37 (-$0.21 or 13.2%)
Trade Halted for most of the day resumed 2:53 PM
Canopy Growth Corp (WEED) $8.09 (+$0.00 or 0.0%)
No news posted
Emerald Health Botanicals (EMH) $1.15 (-$0.02 or 1.7%)
No news posted
Hydropothecary (THCX) $1.78 (+$0.04 or 2.3%)
No news posted
OrganiGram (OGI) $2.56 (-$0.02 or 0.78%)
No news posted
Radient Technologies Inc. (RTI) $0.78 (+$0.03 or 4%)
No news posted
Resources;
Paul Wiseman, The Associated Press (Housing Stats Commentary)
THIS IS NOT FINANCIAL ADVICE
For best results, please comment, up-vote and follow
Thank you