The days are over for JC Penny $JCP New Age Beverage $NBEV. Beware of penny stocks that face such strong selling momentum. $NBEV, NewAge, Inc. / H1 The bullish phase in chip stocks – Applied Materials $AMAT and Micron Technology $MU – is progressing nicely. Good job if you picked these stocks when they were mentioned in the Value Stock posts. Cannabis stocks are now in freefall. The markets no longer accept high operating costs and pitiful revenue. The bubble is over. Long live bitcoin $GBTC, which appears to have won the bubble race. Caution on $ACB Aurora Cannabis, Tilray $TLRY, Cronos $CRON, and Canopy Growth $CGC. This sector is investable if timed right. Wait for the re-entry and ‘buy’ signal. Just as CenturyLink $CTL built an uptrend, the stock cratered. Cash flow rich firms like Verizon $VZ and AT&T $T are imploding. Pulled down by Netflix $NFLX and the lower subscription growth? Await an entry point. Drug stocks have a mixed performance. Watch Bristol-Myers $BMY. Teva $TEVA found a new low today.What are your trades for Tuesday?Further Reading:Monday ChatterEA: Junk StockHead over to novoadvisor for automated trading. And comment below and share ideas with ~900 members.