On Sector Rapid Fire we cover three sectors that are making headlines, or I feel are going to be hot in the next couple months.

Psychedelic Sector: I know I have been on this before, but I love the technical look of the psychedelic space right now. MMED is your horse in this space, and they look poised for a breakout. MMED has been consistently been testing the support level at $3.45 then quickly rising to test the resistance at $4.15-4.20. Just this week it has bounced off the resistance, but instead of continuing down to test the support it has reversed trend at $3.80 and made another run up to $4.18, closing Wednesday Jan 20th at $4.11. After the way it has been playing I love this move, and it couldn't be more timely. We have a new psychedelic ETF dropping any day now under the ticker PSYK, and this institutional buying pressure will drive prices across the whole sector. Even one headline with a clinical breakthrough or talk of the pending up listing and MMED is ready to soar. 

Names I like in this sector: MMED, NUMI, RVV, ENBI, TRYP

Airline Sector: The airline space is anything from back to normal, but I do see buying opportunities close ahead. Still riding some of that vaccine optimism, airlines have been trading sideways for about two weeks now, with many names like Air Canada, Delta Airlines and American Airlines reaching a critical technical level. The price of the stock, the 50 day moving average, and the 200 day average are all converging. This could mean a break out in either direction, and with United Airlines reporting terrible earnings and record losses after the closing bell Jan 20th, I can't see it being to the up side.

Names I like and the price targets:

Air Canada (AC.TO) : Trading at $22.89; Look to pick this up near $18.60

Delta Air Lines (DAL): Trading at $41.62; Look to pick this up near $30.95

American Airlines (AAL): Trading at $22.89; Look to pick this up near $12.80

Theater Sector: I do not love the movie theatre space, and AMC is on the verge of declaring bankruptcy. If you want to play this is a swing trade at best. Twitter and Reddit pumpers will be right there with you so you can find some support in that, but do not get to comfortable and keep your trading app open just in case.

I feel safer with Cineplex, the Canadian counter part, just because to my knowledge they are not on the brink of no longer existing. I don't have confidence by any means, but if you could get CGX.TO near $5.50-$5 I would hop on that ride. One piece of optimistic vaccine news or lighter restrictions and you could catch a 100% flip up to $10-12

**All of these are my opinions and not to be taken for investment recommendation without consideration. Do your own DD, and if you're going to make a purchase just grow a sack and do it on your own free will. Don't be a little bitch and come running back to me if it loses you money**