Market Close
November 10, 2026 · 9:15 PM UTC
Close: Cannabis Ends Session Sector Treads Carefully
Session closes with the following read. Cautious tape with VIX at 19.8, 10Y at 4.99%, S&P -0.5%, DXY +0.6%. Mixed tape across the 326-ticker cannabis universe — 70 advancing, 55 declining (56% up). Leaders and laggards: SKYE +17.4%, APPS -37.1%. Analyst consensus tilts bullish — 43 Buys, 5 Holds, 7 Sells. Widest implied upside: QNTM to $8.00 (+290%). Elevated short interest concentrated in CGC at 10.8 days-to-cover.
CIN TAKE
Analyst conviction is building faster than the macro will allow it to be paid. Buy-side upside targets look right on 12-month math but wrong on 12-week timing. Selective, catalyst-anchored positioning only — no broad-beta adds until macro cracks lower.
Signal Context
Macro - Sector - AnalystMacro
Opportunities
Analyst
State Markets
Terminal · 38 StatesNightly-refreshed retail sales, tax collections, licensee counts, and wholesale prices for every state-legal cannabis market. Browse all state market data →