Will COVID-19 Push the Launch Button, or Will a Vaccine Save the Day?

 
December 6, 2020
 
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Will COVID-19 Push the Launch Button, or Will a Vaccine Save the Day?
It's well known that I like to take things a month at a time, and last session we looked at our recap of November. Now, I want to look forward to my December 2020 stock market predictions.

The wild ride of 2020 continues as we continue to see a spike in COVID-19 cases while the pandemic begins to surge again.

I know you're tired of it. I'm tired of it. I can tell you that the stock market is tired of it.

People were ready for some stability with news of a Pfizer Inc. (NYSE: PFE) vaccine and the election mostly over. Despite that, we're still seeing a market that has come to a crossroad.

Will a vaccine come and slowly begin to return things to normal... or will there be an even stronger surge, leading to the continued rise of stay-at-home tech stocks? COVID-19, like a James Bond villain about to blow up the world, has its finger on the button and we're waiting to see how it ends.
Click here to get my thoughts
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5 Tips for Overcoming
Stock Market Losing Streaks
We all love to win, right? Anyone familiar with sports and competition knows life is easy when you're winning.

But the bad news is losing also happens to be a big part of life.

In a volatile stock market like we're seeing today, there are going to be ups and downs. You're going to win a lot of trades for days or weeks and feel unstoppable.

But what goes up must come crashing back down, and that means you're also going to start to lose… a lot.


The answer is easier said than done.

It's natural to get excited when you're on a winning streak… and to get discouraged when you're losing. How you rebound and bounce back from the losing streaks is what separates an elite trader from the novice.
Learn My Strategies
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Bitcoin or Gold...
Which Investment Is Best for You?
The recent comparisons between the bitcoin and gold markets have sparked a lot of controversy and speculation about which is the best investment.

And like everything else in the stock market, the answer isn't as straightforward as investors would like.

One option could lead to better short-term gains and the other offers better long-term stability… But one of these is also the biggest fraud of the century (besides the U.S. dollar)...

Like so many sectors of the market, both gold and bitcoin each have their own pros and cons. But do you know which one is going to remain the most valuable to Wall Street?

That's what Midas Letter Head Trader James West sets out to answer on WPTV today.

This week our market professionals are discussing the ups and downs of the bitcoin and gold markets  — including which one is the right investment for you!
Watch the episode here
 
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A Buy Stop order instructs a broker to purchase a security when it hits a strike price that is higher than the current spot price. Once the price hits that strike, the buy stop becomes a market order, fillable at the next available price. The buy stop order can serve a variety of purposes with the underlying assumption that a share price that climbs to a certain height will continue to rise.
 
 
Disclaimer & Disclosures

The information in this email is intended for informational purposes only and does not guarantee specific results as there is a high degree of risk involved with trading. Also, our traders are real traders and may have financial interests in the companies discussed.  Please see our Terms and Conditions for more information.

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