Should You Buy the Dip Before Election?
The market is looking a little spooked days before Halloween and the US presidential election. The S&P 500 Index (INDEXSP:.INX) had its worst day yesterday since June. However, it’s not all doom and gloom this week. Sit back, grab a pumpkin-spice latte, and watch today’s video addressing the current opportunities in the Options Trading world.
There are lots of newsflows to consider this week. The big-boy tech companies are reporting earnings after the market close today. Apple Inc. (NASDAQ:AAPL), Amazon, Inc. (NASDAQ:AMZN), Facebook, Inc. (NASDAQ:FB), and even Twitter Inc (NYSE:TWTR). GDP is also being reported today after its largest-ever drop due to the pandemic. All this on the back of market uncertainty stemming from who will become the next US president.
So, where are today’s opportunities for traders?
Watch the full interview to see what Lance Ippolito is trading today. Hints: e-commerce, chip companies, social media & online dating, small biotechs, and even a sports stock.
If you’re looking for trading opportunities in the short-term that could land you monster gains, look no further than the technology disruption coming online in January…
A disruption opening up a $15 TRILLION windfall that is the likes of Elon Musk and Jeff Bezos have already got their hands on. Why isn’t the mainstream talking about this? It’s because the disruption might kill the 5G industry before it even has a chance to take-off.
Receive my full analysis of this once-in-a-lifetime play here and join me fly to the moon financially.
Midas Letter is provided as a source of information only, and is in no way to be construed as investment advice. James West, the author and publisher of the Midas Letter, is not authorized to provide investor advice, and provides this information only to readers who are interested in knowing what he is investing in and how he reaches such decisions.
Investing in emerging public companies involves a high degree of risk and investors in such companies could lose all their money. Always consult a duly accredited investment professional in your jurisdiction prior to making any investment decision.
Midas Letter occasionally accepts fees for advertising and sponsorship from public companies featured on this site. James West and/or Midas Letter may also receive compensation from companies affiliated with companies featured on this site. James West and/or Midas Letter also invests in companies on this site and so readers should view all information on this site as biased.