
TRUMP’S $5K FREE MONEY COULD BE MARKET BONANZA; CHINA, RUSSIA, IRAN LEADERS MEET IN INDIA; INFLATION DATA
By Nigam Arora

To gain an edge, this is what you need to know today.
Free Money Proposal
Please click here for a chart of Nasdaq 100 ETF (QQQ).
Note the following:
- The chart shows QQQ has been vacillating between zone 1 (resistance) and zone 2 (support).
- The chart shows QQQ is seeing selling today in the early trade as rising oil and rising yields blunt buying on the free money proposal.
- President Trump is proposing $5K in free money for every U.S. adult if the GOP wins the midterm elections. In The Arora Report analysis, here are the points prudent investors need to keep in mind:
- The free money will cost the U.S.