Two weeks to go

Here’s what our experts expect from earnings and the election

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OCTOBER 22, 2024       Hey y’all!  We’re officially two weeks away from the election — finally… No matter what side you’re voting for, I’m sure you join me in just wanting this whole cycle to be over. It’s been exhausting! But for traders, the time is NOW to pay super-close attention to the markets. Volatility will kick up ahead of the election — then crest and fall after election day (it might take a little longer, depending on how long it takes for us to know a sure winner).   With that in mind, I thought I’d ask our experts what they’re expecting ahead of the elections. I hope you find their insights helpful: I certainly did!    Well, I feel like I can't change now… I've been saying rip, rip, rip since Feb so I gotta stick with it 😛 Granted, that was the "general" timeline. I do think literally in the 2 week period, we will see some volatility here. My guess is that next week, folks will start moving money based on who they believe will win. If Trump keeps gaining momentum which I think he has had the last month, I'd keep an eye on the ones we've talked about with fossil fuels, nuclear, crypto, etc. So Nate has been one of our strongest bulls for a while now, and nothing’s changing there. But he does think volatility will work its way in between now and the election (see the chart above!) Look for senergy stocks, nuclear stocks (Nate is a HUGE CCJ fan), and even crypto to get a boost if it looks likely that Trump will win on November 5th.   I see some reactions to all the earnings over the next couple of weeks, and some movement based off the job numbers and PCE stuff.  But more than likely, barring any bad global news, I think the markets are going to be in watch-and-wait mode. Geof also expects volatility, which is no surprise.  Based on his experience, and some research I’ve been doing,the real opportunities come after the election.  Like in 2016, markets hit limit down on election night, meaning trading was frozen below that price level. But by later in the night, when the outcome of the election became clearer, a rally kicked off that would last for several weeks!    That chart is pretty telling, actually. I think it’s an interesting reminder that the election really is like a pressure release valve for the markets.  One way or another, we should expect to see a BIG move post-election.   NEW Breakthrough Allows You to Target Income… While You SLEEP?!   >> Tap here to see how one options expert is targeting around $823 per trade 4 times per week Note: the $823 return is based on a $5,000 starting stake   Earnings are really the only catalysts in play right now. Personally, I'd love to see some supportive moving averages hit (21, 50, 100) to offer "buy levels" as opposed to just watching the markets melt up higher. US indexes, Gold, Silver, stocks - I'm treating them all this way. I'm taking inexpensive stabs on some earnings (TSLA, UPS, IBM) and Mag7 comes next week with lots of market cap. So Chris echoes the wait-and-see approach, but puts his focus squarely on earnings.  In a volatile market, that’s a smart strategy because earnings are about the only thing pretty much guaranteed to cause a big move one direction or the other. Keep in mind though that it’s high risk, high reward. So don’t get foolish. Keep your risk small and limited.   agreed ^ tough to say what weight the elections play right now with earnings... if big tech bombs earnings then doesn't matter about elections, markets will fall -- that said i'm still bullish next 12 months or so overall. Graham’s focus is squarely on the Magnificent 7 tech earnings that take place mostly next week (TSLA is coming in a couple days).  He’s right that those will be a price anchor regardless if they are poor results. And Geof has warned me in the past that companies look to dump their “bad” earnings data in October.  With that said, if Netflix (NFLX) is any indication, it could be a good season for tech. We’ll have to wait and see! To your prosperity, Stephen Ground Editor-in-Chief, ProsperityPub

OCTOBER 22, 2024 Hey y’all!    We’re officially two weeks away from the election — finally…   No matter what side you’re voting for, I’m sure you join me in just wanting this whole cycle to be over. It’s been exhausting!   But for traders, the time is NOW to pay super-close attention to the markets. Volatility will kick up ahead of the election — then crest and fall after election day (it might take a little longer, depending on how long it takes for us to know a sure winner).   With that in mind, I thought I’d ask our experts what they’re expecting ahead of the elections.   I hope you find their insights helpful: I certainly did!    Well, I feel like I can't change now…   I've been saying rip, rip, rip since Feb so I gotta stick with it 😛   Granted, that was the "general" timeline. I do think literally in the 2 week period, we will see some volatility here.   My guess is that next week, folks will start moving money based on who they believe will win. If Trump keeps gaining momentum which I think he has had the last month, I'd keep an eye on the ones we've talked about with fossil fuels, nuclear, crypto, etc.   So Nate has been one of our strongest bulls for a while now, and nothing’s changing there. But he does think volatility will work its way in between now and the election (see the chart above!)   Look for senergy stocks, nuclear stocks (Nate is a HUGE CCJ fan), and even crypto to get a boost if it looks likely that Trump will win on November 5th.   I see some reactions to all the earnings over the next couple of weeks, and some movement based off the job numbers and PCE stuff.  But more than likely, barring any bad global news, I think the markets are going to be in watch-and-wait mode.   Geof also expects volatility, which is no surprise.    Based on his experience, and some research I’ve been doing,the real opportunities come after the election.    Like in 2016, markets hit limit down on election night, meaning trading was frozen below that price level. But by later in the night, when the outcome of the election became clearer, a rally kicked off that would last for several weeks!    That chart is pretty telling, actually. I think it’s an interesting reminder that the election really is like a pressure release valve for the markets.    One way or another, we should expect to see a BIG move post-election.   NEW Breakthrough Allows You to Target Income… While You SLEEP?!   >> Tap here to see how one options expert is targeting around $823 per trade 4 times per week Note: the $823 return is based on a $5,000 starting stake   Earnings are really the only catalysts in play right now.   Personally, I'd love to see some supportive moving averages hit (21, 50, 100) to offer "buy levels" as opposed to just watching the markets melt up higher.   US indexes, Gold, Silver, stocks - I'm treating them all this way.   I'm taking inexpensive stabs on some earnings (TSLA, UPS, IBM) and Mag7 comes next week with lots of market cap.   So Chris echoes the wait-and-see approach, but puts his focus squarely on earnings.    In a volatile market, that’s a smart strategy because earnings are about the only thing pretty much guaranteed to cause a big move one direction or the other.   Keep in mind though that it’s high risk, high reward.   So don’t get foolish. Keep your risk small and limited.   agreed ^   tough to say what weight the elections play right now with earnings... if big tech bombs earnings then doesn't matter about elections, markets will fall -- that said i'm still bullish next 12 months or so overall.   Graham’s focus is squarely on the Magnificent 7 tech earnings that take place mostly next week (TSLA is coming in a couple days).    He’s right that those will be a price anchor regardless if they are poor results. And Geof has warned me in the past that companies look to dump their “bad” earnings data in October.    With that said, if Netflix (NFLX) is any indication, it could be a good season for tech.   We’ll have to wait and see!   To your prosperity,   Stephen Ground Editor-in-Chief, ProsperityPub

ABOUT US:  We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Prosperity Pub provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Prosperity Pub are for your informational purposes only. Neither Prosperity Pub nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Prosperity Pub is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions.  Please visit https://prosperitypub.com/terms-conditions/ for our full Terms and Conditions. Unsubscribe This email was sent to reunisoft.cryptonews@blogger.com by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States Prosperity Pub

ABOUT US:  We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Prosperity Pub provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Prosperity Pub are for your informational purposes only. Neither Prosperity Pub nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Prosperity Pub is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions.  Please visit https://prosperitypub.com/terms-conditions/ for our full Terms and Conditions.   Unsubscribe This email was sent to reunisoft.cryptonews@blogger.com by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States Prosperity Pub