The 6 largest American cannabis multi-state operator (MSO) stocks are up an unbelievable 73.5% so far in August.

The ongoing improvement in business sentiment reflects the strong belief in the healing nature of fiscal stimulus.

Retail investors treat pullbacks as temporary noise, and their behavior borders on mechanical. Every sell-off is seen as an opportunity, not a warning. Meanwhile, institutional managers sit it out.

This is the last trading week of August and while many traders have left their desks early before the holiday expect some volatility with news and big earnings releases having an influence.

Investors reset their forward-looking focus during the week to the more distant future quarter of 2026-Q2 in setting current day stock prices.

The fact that we are giving back some of the gains suggest that we could very well be a situation where we are looking to “fade the rally” in this market again.

The Euro ticks down from its highs but maintains its positive tone amid a weaker U.S. Dollar.

The best market indicator for the next several months may not be the market expectations of Fed Funds rates, but rather the market’s expectations for the housing sector.

The European ETF industry does show a high concentration of the assets under management (AUM) on different levels.