INVESTORS TRUST TRUMP’S TWO ‘MAGIC WORDS’ TO RUN UP THE STOCK MARKET – TIME TO NIBBLE $DJIA $SPY $GOOG $GOOGL $GILD $MRNA $INO $SLV $AMD $MU $MSFT $AMZN $FB $AAPL

Twitter
LinkedIn
Facebook

INVESTORS TRUST TRUMP’S TWO ‘MAGIC WORDS’ TO RUN UP THE STOCK MARKET – TIME TO NIBBLE $DJIA $SPY $GOOG $GOOGL $GILD $MRNA $INO $SLV $AMD $MU $MSFT $AMZN $FB $AAPL

Investing and trading are about making money, and you should never let your political opinions get in the way. Irrespective of what you think of President Trump, Wall Street trusts him.

How does this affect you?

Let’s explore with the help of two charts.

Please click here for an annotated chart of Dow Jones Industrial Average DJIA futures.

Please click here for a chart of S&P 500 ETF SPY, which tracks the S&P 500 Index SPX. For the sake of transparency, this chart was previously published and no changes have been made.

Note the following:

• The first chart shows a 1,300-point rise in stock market futures as Trump uttered two magic words At a news conference, Trump said he will announce “very dramatic” actions to support the economy.

• With his two magic words, Trump quickly erased the fears that had led to a 2,000-point drop in the stock market Are investors gullible?

• The second chart shows major support levels in the stock market Technically, since the first major support level was not decisively violated, it was natural for the stock market to bounce. Please see “A watershed moment is on the way if stocks can’t hold this level,” which was written prior to the 2,000-point drop in the stock market

• Our call was to take at least partial profits in the short-term trade on Nasdaq 100 ETF QQQ short position and adjust stops to protect profits. A short position generates profits when the market goes down.

• Long-term investments should be handled differently from short-term trades.

Good news

When the Dow was falling by 2,000 points, fear mongering was rampant and few were looking ahead to the potential good news, I wrote: “It seems dark, but there is potential good news on the horizon that can reverse the stock market.” Please see “Stock market investors are asking ‘should I buy or sell?’ Here’s how to decide.” I identified several potential pieces of good news. Among the potential good news I identified, the following are coming true now:

See also  AI CHIP MANUFACTURER BREAKS OUT – NVIDIA MAY BE NEXT, CONSUMER SPLURGES, FED SPIKED THE PUNCH

• Massive fiscal response from governments. In the U.S., the response includes payroll tax cuts and paid sick leave for hourly workers.

• There are data showing that the coronavirus has potentially peaked in China.

• There are data showing that the coronavirus has potentially peaked in South Korea….Read more at MarketWatch.

A knowledgeable investor would have turned $100,000 into over $1,000,000 with the help from The Arora Report. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 2% of the content from our paid services. …TO RECEIVE REMAINING 98% INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES, TAKE A FREE TRIAL TO PAID SERVICES.

Please click here to take advantage of a FREE  30 day trial.

Check out our enviable performance in both bull and bear markets.

Subscribe to 'Generate Wealth'

Free Forever

More To Explore

30 Day Free Trial

Cancel within 30 days and you owe nothing

When you take a FREE 30 day trial, you get access to powerful techniques used by billionaires and hedge funds to grow richer. You can continue to use these powerful techniques to grow richer even if you cancel your subscription. You come out ahead by subscribing no matter how you look at it.

Many investors will make a fortune from nuclear power stocks.
Get the list of 12 nuclear power stocks to grab your share of the profits.

Many investors will make a fortune from nuclear power stocks.

Get the list of 12 nuclear power stocks to grab your share of the profits.

Big Tech is investing billions

Making A Fortune
In Nuclear Energy

Golden Age of Nuclear Energy

Skip to content