THE SECRET SAUCE TO HANDLE STOCK MARKET’S ELECTION AND VIRUS FEARS $DJIA $DIA $AAPL $AMZN $MSFT $FB $GOOG $CCL $AAL $HTZ $NKLA $GLD
Fear over a further spread of the deadly coronavirus and expectations of a Democratic victory in the presidential election are two events that will affect the stock market.
First and foremost, I am politically agnostic. My sole job is to help investors. But President Trump’s rally in Tulsa, Okla., was underwhelming, following polls that showed Joe Biden with double-digit leads in some cases. More than three years ago I wrote: “Here’s the case for Dow 30,000 in Trump’s first term.”
The secret sauce to handle the stock market’s election and coronavirus fears is risk management. Let’s explore the issue with the help of a chart.
June 23, 2020