Capital Markets this Morning:

The futures are up this morning almost a half of a percent. Here is what is in focus globally for stocks:

• Nvidia's 10% Friday drop highlights a rough week for tech stocks, with significant falls in the sector despite broader market stability.

• Decline in safety trades: U.S. crude and gold prices drop as geopolitical tensions in the Middle East ease without escalation.

• Tech sector anticipation: Earnings updates due this week from Tesla, Meta, Microsoft, and Alphabet as part of the 'Magnificent 7'.

• Dollar and Treasury yields rise: U.S. dollar strengthens and Treasury yields climb amid solid economic data and expectations of prolonged high interest rates.

• Bank of England’s dovish outlook: Sterling hits 5-month low following comments from BoE deputy governor on expected inflation drop.

Cannabis in Washington: Biden and Harris Advocate for Marijuana Legalization

The TDR Takeaway:  I first learned about 4-20 a decade ago while walking in downtown Vancouver, where people celebrated cannabis in a local park. Fast forward a decade to this Saturday, and the President and Vice President of the US used social media to advocate for federal marijuana legalization and justice system reform on 4/20, highlighting the issue's importance in an election year. Does this indicate that SAFE Banking and Marijuana Legalization are on the horizon? For additional details, visit the TDR website.

Cannabis Regulation: Cannabis SAFER Banking Crypto Legislation Deadline May 10?

The TDR Takeaway:  The mainstream status of cannabis is highlighted by its coverage in Barron's. As part of the Wall Street Journal network, Barron's targets an affluent and older readership . This weekend, Barron's explored the possibility of Congress passing the Cannabis SAFER Banking Act with crypto legislation and the FAA reauthorization law by May 10th. Is the mainstream coverage a sign we are getting close to passing SAFER Banking Act? For more details, visit the TDR website! 

Cannabis Poll: Marijuana Legalization: U.S. Poll Reveals Major Support

The TDR Takeaway:  Another poll in the USA shows strong support for marijuana legalization. The latest Harris Poll reveals that nearly six in ten adults are surprised marijuana has not yet been legalized nationwide. Released on Thursday, the report also indicates that four in ten U.S. adults currently use cannabis, with approximately a quarter of these consumers using it at least weekly. Additionally, nearly two-thirds (64 percent) believe that marijuana no longer carries the stigma it once did. This is particularly significant in an election year when presidential candidates are competing for votes. For more details, visit the TDR website! 

Psychedelic Studies: Psychedelic Study: LSD Microdosing Improves Sleep

The TDR Takeaway: Recent studies are increasingly highlighting the positive effects of psychedelic medicine. A study released last week showed that microdosing LSD can improve sleep. This finding, alongside previously studied mental health benefits, underscores the significant potential of these medicines for everyday applications like improving sleep quality. For more information, read about it on the TDR website!

AI: The Global Challenge of AI Deep Fakes in Politics

The TDR Takeaway: As the US election approaches, the role of AI in elections, particularly in India, is noteworthy. There, popular influencers have been misrepresented in widely distributed AI deepfake videos that falsely suggest they hold certain political views. This situation prompts important questions: Has technology advanced faster than our ability to regulate it, and how can we safeguard our electoral systems against AI deepfakes? Read about it on the TDR website!

Trade To Black l MSOS Monday - Live today at 4pm EST

Join us today at 4pm EST for a live session with Dan Ahrens from AdvisorShares. We are finalizing the cannabis stories to be discussed, and updates will be shared later this morning on Twitter and YouTube. Join us on YouTube at 4pm EST!

Trade To Black l SAFE DC Rumors on 420 + NY Rollout + Canada Excise Tax

Yesterday's Trade To Black episode covers rumors regarding the SAFE DC Banking Act following tweets from the President and Vice President on April 20th, alongside discussions on Canada's excise tax issues. Additionally, we explore the mainstream acceptance of THC beverages through a partnership between Cann and Barstool Sports, recent developments and updates on New York's challenges in implementing legal cannabis. For more information, view the video on YouTube!