Just because a lot of stocks are offering great deals it doesn't mean that you should be purchasing them…
With the volatility we're experiencing in the U.S. stock market, many of my family members, friends and clients are all thinking the same exact thing… That right now is the perfect time to purchase stock. After all, over the past few years buying the dip has always worked out, why wouldn't it now? But my answer to that is not so fast… Just because a large number of stocks are offering great deals it doesn't mean that right now is the best time to be a bargain hunter. We're still seeing a lot of changes in the market and there are certain stocks you might want to steer clear of. Today I'll reveal the three tickers I'm avoiding… |
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It's been a couple of crazy days with the virus, volatility and a $2 trillion economic deal to stimulate the economy. The package will aid American workers and small businesses, but a few details are still left to be finalized before it's voted on... Which means, in plain terms, that it's a blanket promise right now since none of the details have been figured out yet… and we all know that the devil is in the details. So the big question is which industry will be helped -- will it be the airlines, housing or the medical industry? And how will they determine which industry is in more need? Here's how I see things playing out. In today's video I'm also covering the strongest index… critical support level for major sectors… the 3 sectors to avoid… and unusual behavior in the VIX index. |
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If you are like me, you've had your fill of Coronavirus status updates and next-best-guess news reporting. I'm a fan of reason, not reaction. And so is Andrew Bustamante. He's dedicated EverydaySpy.com to being a voice of COVID19 fact from the beginning of the outbreak. His mission remains the same – teach everyday people elite CIA solutions to beat COVID19. Social media scavengers and clueless pundits will keep recycling bad info. Because that is their business model…. But he's on a mission to share solutions. |
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The coronavirus has us in a difficult situation… one day the market tanks 10%... the next it pops back… only to fall yet again. That being said, volatility is at an all-time high and most trading portfolios have been getting hit… hard. But I'm ready to get you and your account back in the game… I'm teaming up with Tom Busby to share the secret that's allowing us to find winning trades before the markets even open. |
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