As the U.S. presidential election approaches, Wall Street and large hedge funds are sitting on the sidelines. Uncertainty within the stock market is at an all-time high. And polls cannot exactly be trusted – as we found out four years ago.
As there isn’t a lot of trading range and probably won’t be for the next couple of weeks until the election on Nov. 3, what are traders to do to make money right now?
How You Could Make Money During The U.S. Presidential Election
We are in the midst of another earnings season. The big banks reported last week that they’ve held up pretty well in terms of earnings. But this did not quite match their recent stock prices.
By the end of the week, a quarter of the S&P 500 companies will have reported. This should give us a clear picture of how well companies have held up during these dark economic days.
We are not only looking at the absolute numbers of each earnings report… We are looking to see how the stock market reacts to each piece of news. Also, we’re interested in the guidance each CEO has in each report. For example, if a large majority of CEOs lower their guidance and become increasingly pessimistic, this could change the overall feeling of the stock market.
Tech companies are of interest as they have boomed this year on the back of the new work-from-home culture. We are interested to see if the earnings they report will continue to build on this new culture… especially during the uncertainty of the U.S. presidential election.
As technology’s increasing demand due to the work-from-home culture, new tech needed to facilitate this culture switch. For example, cellular data network companies are increasing their broadband wireless services to keep congestion issues down worldwide, and keep our online data safe and secure.
This is just one of many advancements that need to be made, and companies are on track to do so. Cures, treatments, genetic modifications, energy generation and food technology are all on the cusp of coming to full fruition.
Join me today as I sit down with a group of market experts to go over all of the above and more! Together, we are working to prepare you for the days ahead and how we can all work together to protect our investments!
A lot of BIG gains just happened…
And if you were following the usual Wall Street suspects, chances are you made the wrong move — along with 99% of traders worldwide!
You see, a ton of capital is being poured into the stock market on an epic scale. But that money isn’t coming from Wall Street…
It’s coming from one simple app that millions of people all around the world are carrying in their pocket!