What to Trade as Biden Takes Power (Cannabis, Guns, & MORE)

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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.

Tomorrow is the day of power transition from Trump to Biden, Republican to Democrat. Accordingly, we dive into how the stock market will react and be affected by this political change moving forward. What sectors will there be more risks, and what might have the biggest opportunities? We discuss whether or not cannabis, defense, healthcare, technology, or energy are the sectors to trade right now.

We see the next couple of quarters being shaped by the usual suspect: COVID and how the virus affects retail sales and the broader economy.

What we know is that democratic power will have more regulations imposed on certain sectors. For example, how banks can use their capital or tax rates for corporations. However, a sector that is all too happy to have regulation changes is the cannabis industry. It is now realistic we will see full federal legality of the substance very soon.

With the third wave of cannabis already kicking off, we see this surge moving the highest.

Watch the full interview to see why cannabis is the trade to make and the other sectors poised for growth with the new administration.

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.