OrganiGram Holdings (OGI) saw a massive lift in today's session; however, in the stock market. All our major indices were up, with the NASDAQ leading the way up over 2.3%! The story today was all about growth stocks as they saw a nice rebound. The Financials opening up at the end of the session could be a catalyst for a pullback in tomorrow's tape.
With the SPX coming into this week with 100 points of move, 3942 is that level. We closed just 3 points shy of that. From a statistics standpoint, that tells us that there isn't much more upside in this week's tape. However, with a stimulus bill that just got signed today, you never know what can happen.
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