What is the Best ETF to use to Trade Cannabis? | MSOX | MSOS | MJ | Quick Take

[What is the Best ETF to use to Trade Cannabis? | MSOX | MSOS | MJ | Quick Take] | Shorts

In this short [What is the Best ETF to use to Trade Cannabis? | MSOX | MSOS | MJ | Quick Take] video we are taking a closer look at a few of the intriguing additions and updates to our exchange-traded funds (ETFs) that we've discovered this week. One of the most interesting ones is the MSOS 2x leveraged ETF on cannabis - MSOX. @MoneyMitchBZ on one of the Benninga shows pointed out MSOX to us - so let's dive deeper and compare it to other ETFs like MJ and MSOS. We'll examine this MSOX - MSOS 2x leveraged ETF to determine its risk profile. We'll take a glimpse at its 52-week range to compare it to other ETFs out there. It looks like MJ is the most attractive for short-term plays, but this MSOS ETF looks good for the long-term. Lastly, this ETF diversifies our options as it is a bit broader than just cannabis. In conclusion, this MSOX - MSOS 2x leveraged ETF is an intriguing option to consider when playing the cannabis theme - we'll be sure to keep an eye on it, and keep an eye on other ETFs to see if they get more attractive.

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REFERENCES
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Weekly Trading Game Plan Notes for 1/1 – 1/5/2024 - Part 1 https://docs.google.com/document/d/1IWrTcBua8bDKJRuxyLo45oTPZ43WquZfzoToN3Zuf1c/edit?usp=sharing

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TRADING PLATFORMS
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✅ Public Investing https://bit.ly/3M5eACK (Referral Code: MichaelSDeVries)

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