Trump vs. Biden: Why Both are Bullish for Oil, Inflation

October 8, 2020

What Wall Street

Doesn't Want You to Know...

When the stock market crashed, a few individuals were still able to make incredible amounts of money…

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Are COVID-19 Vaccine Stocks the Next Big Buy as Trump Recovers?

Judging by the high activity on Donald Trump's Twitter account, it seems as if the president is feeling a bit better. Doctors have said that his health is improving and he has already been discharged from the hospital.

The coronavirus has already killed more than 200,000 Americans and has struck a massive blow to the economy. However, the president's quick recovery should be a boost for the stock market in general.

Does his rate of recovery indicate that we may have this pandemic under control?

Biotech stocks have been a leading indicator for markets since the onset of COVID-19.

Now treatments created by the companies Gilead Sciences, Inc. (Nasdaq: GILD) and Regeneron Pharmaceuticals Inc (Nasdaq: REGN) are both involved in President Trump's treatment plan.

Should you trade the coronavirus vaccine stocks?

The Elections, a Pandemic and the President. How Will the Nasdaq React?

Last week was crazy and shocking for both United States politics and the Nasdaq.

While I usually like to stay away from politics, we might have to touch on it for once: The coronavirus has infiltrated the White House… and it's affecting the Nasdaq.

The president and the first lady have both been diagnosed with COVID-19... Republican National Committee Chair Ronna McDaniel also just tested positive for COVID-19, and probably everyone who has been in close contact with the president is getting tested... and many are coming back with positive results.

U.S. Federal Judge Amy Coney Barrett was shaking hands with Donald Trump just days ago... And has since been in contact with Senate Majority Leader Mitch McConnell of Kentucky...

Word — and the virus — is spreading fast… and Wall Street will react.

But how will you react when volatility comes rushing in? Don't forget there's a presidential election looming around the corner?

PIVOT!

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A 52-Week High/Low is the highest and lowest price that a stock has traded at during the previous year. It is a technical indicator used by some traders and investors who view the 52-week high or low as an important factor in determining a stock's current value and predicting future price movement. As a stock trades within its 52-week price range (the range that exists between the 52-week low and the 52-week high), these traders and investors may show increased interest as price nears either the high or the low.

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