How the Stock Market Will React to Trump Testing Positive for Coronavirus

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Midas Letter

The Digital Businesss Channel for Cannabis, Crypto and Technology Stocks.

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.

It’s a day like no other. For the first time in electoral history the President of the United States has come down with a pandemic infection. The coronavirus has no boundaries. No one is truly safe.

But, what does Donald Trump testing positive for the coronavirus mean for the stock market and investors?

There are a lot more questions than answers. When there is a high level of uncertainty into what is going to unfold next, the stock market is just as unpredictable. The S&P 500 Index (INDEXSP:.INX) is trading between its 50-day moving average and 200-day moving average, which indicates a limbo zone – where stocks can go up or down or even sideways… Unless we receive a definitive direction, the markets will most likely hold in a wait-and-see pattern.

For some clarity, there is an indicator you can at look at to gauge the direction of investor sentiment as we move closer to the election date. An indicator that shows clear signs into who investors believe will be the next president of the United States. An indicator which highlights certain sectors/stocks that are going to explode higher depending on which candidate emerges victorious…

Watch the full interview to learn the number one indicator investors should be using as Election Day approaches.

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.