October 16, 2020

WEEKLY STOCK MARKET DIGEST: TRADER MAGNET AHEAD, CONSUMER SPENDING SPREE INDICATES GOOD CHRISTMAS

Weekly Digest from The Arora Report is popular among serious investors and money managers because they have found studying insights from the prior week gives them an edge over the coming weeks. Here is the day by day rundown from the morning capsules made available every morning before the market open in the Real-Time Feeds to the paying subscribers of The Arora Report

Please scroll down for the section What To Do Now.

 

CONSUMERS GO ON A SPENDING SPREE — INDICATIONS FOR A GOOD CHRISTMAS

To gain an edge, this is what you need to know today.

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MOMO BUYS STOCKS ON TRUMP AND PELOSI BEING ON THE SAME SIDE

To gain an edge, this is what you need to know now.

Trump And Pelosi On The Same Side

Please click here for a chart of S&P 500 ETF () which represents stock market benchmark index ().

Note the following:

  • The chart shows a big drop in the morning.
  • The dip was bought on stimulus hope. Trump says he wants to go big. Pelosi says she wants to go big. Secretary Mnuchin, on Trump’s behalf, said that he is willing to compromise with Pelosi.
  • Both Trump and Pelosi want to borrow big and give free money to almost everyone.
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