Election Stock Watch
Here’s the Bottom Line When It Comes to Day 2 of the Election Race of a Lifetime
There’s no shortage of crazy things happening in the U.S. and the world today.
But, it’s crucial to break down each event and analyze it individually, because if you don’t, you’re going to be caught in false narratives and will inevitably be overwhelmed.
In the Midst of Election Uncertainty, I Have a Ton of Questions (and I Want to Hear Yours)
This morning, Americans are rolling their heads.
Former V.P. Joe Biden leads President Donald Trump 238 electoral college votes to 213 votes, as of this morning’s latest count. It takes 270 votes to win.
Important “swing states” Michigan, Wisconsin, North Carolina, Pennsylvania, Georgia, and Nevada hang in the balance as I write this, with races in those states too tight to call.
But not exactly.
In the past, candidates with even the slim leads each is showing in states this morning, would have been declared “winners.”
This time around, the more than 100 million mail-in and absentee ballots cast by mail are being counted after polling-both data’s been calculated.
And that’s a problem, though others are sure to arise.
I have a ton of questions I’m asking about the election process, and I’m sure you do, too.
I want to hear from you. What questions are on your minds for me? Make sure you leave comments in the comment box at the bottom of this article on the website. I’ll address them all in Monday’s issue.
Your 2020 Election Master Survival Guide
Well, today’s the day. November 3, 2020. Election Day.
Amidst the swirling of COVID spikes and market dips, we’re at the threshold of a critical moment in history.
Every so-called expert is sending mixed messages, from “Everything’s great!” to “Get out NOW,” and it’s extremely difficult to know what exactly is the right thing to do now. Do you stay in the markets? Buy the dip? Take profits and run? Sell puts? It’s almost impossible to hear any sort of real guidance amidst the noise.
But, over the past few months, ever since Joe Biden announced Kamala Harris as his running mate back in August, we’ve been doing something special here at Total Wealth: The Election Stock Watch.
Covering everything from what to buy if President Trump is reelected, to if Joe Biden enters the White House once again, only this time as President, the Election Stock Watch has been a hub that I’ve devised to help you make the best possible decisions with your money right now.
And today, one of the most important days this year, possibly in the last decade or so, I’ve compiled it all in one big 2020 Election Master Survival Guide.
If Markets Don’t Rally This Week, It’s Going to Get Ugly
Talk about ugly; last week was “fugly.”
Surging COVID spikes across Europe caused closedowns and some lockdowns.
The U.S. registered almost 100,000 new COVID cases on Friday, bringing the total number of infected Americans to more than 9,000,000.
Here’s Everything That Can Go Wrong This Election… and How You Can Make Money No Matter What Happens
Just when you thought political division in the U.S. couldn’t get any worse, it’s about to.
And just when you thought the stock market was holding up, it’s puking.
Not only will the Presidential election likely be contested, Congressional candidates for seats in the House and Senate are likely to contest ballot counts in many of those races.
The discord, to be politically polite, is slicing and dicing stocks across all industries.
There’s a lot to cover in today’s issue, from what can and likely will go wrong, to how the next President might be chosen – and by whom and when.
But most importantly, the stock market might keep puking, and you’re going to want to be set up to make money as stuff hits the fan next week.
Capital Wave Forecast: Trouble is Brewing as We Close in On the Election
Last week, the Dow ended the week down 0.9%. The S&P ended down 0.5%. The Nasdaq Composite fell 1.1%.
Very much in line with what your Capital Wave Forecast predicted the week before.
This week, we’re likely to see more of the same, maybe a lot more selling, but not because of company metrics or market conditions. Rather, it may be because of the election next week, and we may feel the effects for the week after, and maybe the week after that.
Get it?
There might be trouble ahead, but the grass is still green out there.
Here’s what to look forward to as we close in on Election Day…
The Other Side of Bad Is Good… for Stocks
If you’re worried about negative news stories tanking the stock market, you’ve got a lot of company.
Investors are worried about what virus spikes and more shutdowns, if not lockdowns, will do to stocks.
They’re worried that companies laying off workers by the thousands means their earnings are faltering.
Everyone’s worried what will happen to the market if there’s no “stimulus” bill passed this year.
They’re worried about a contested election and how markets will deal with that.
And investors are worried about what a reconstituted Congress might do to kill the bull market.
Me, I’m not worried because there’s another side to every coin and every negative story.
Here’s the heads-up on the other side of the bad news, and what’s good for the market.
What a Contested Election Could Do to the Stock Market
Market analysts almost always use history as a guide when calculating likely stock market moves, especially when it comes to elections. This year’s no exception.
But, of all the historical references and metrics being incorporated this time around, there’s really only one that matters.
This election is going to be “contested” and only one other presidential election in modern era has been contested, and we know what the market did then.
Here’s why Tuesday’s debate almost guarantees a contested election, what the market did the last time the country waited to find out who their next president was going to be, and how you can profit handsomely by putting on an inexpensive option position to ride out the storm.
Would Donald Trump’s Reelection Spark Another Stock Market Rally?
The polls and the pundits had it all wrong in 2016. They said Donald Trump had no chance of winning the election, and if he did, the stock market would crash.
So much for polls and pundits.
With Joe Biden now ahead in almost every poll, investors are wondering if stocks will keep rising if President Trump wins reelection.
The short answer is, “yes,” markets will rally.
Three Stocks to Buy if Biden Wins the Election
Just when you thought you knew what to expect in a “Convention” to nominate a party’s presidential candidate, along comes Alexandria Ocasio-Cortez (aka AOC) and says what almost no one expected her to say at the virtual 2020 Democratic National Convention.
In her 90-second speech Tuesday evening, she didn’t mention the Convention. She didn’t mention Joe Biden.
After endorsing what sounded more like the platform Bernie Sanders would champion, she seconded the nomination of, Bernie Sanders.
You read that right. Bernie Sanders, not Joe Biden.
And while I did promise you Monday to talk about the three stocks that you should buy if Biden wins the election, we have to dig a little deeper first into AOC’s speech, why she seemingly upstaged Joe Biden with Bernie Sanders’ rhetoric, and what it means for those three stocks.