By: Steve Smith
The media has announced that the winner of the Presidential election is Joe Biden.
Will Trump prevail in the courts?
Can the media “elect” a President?
What does the market think about this?
Well, as I write before the market opens, Dow futures are up over 1700 points.
We will see if that holds, however it seems to answer the question about what the market thinks. Clearly, the market thinks the election is over and Biden is President-Elect.
That means less uncertainty and a virtual guarantee of more stimulus…
And the market is happy about it.
To be absolutely clear, I am a political atheist when it comes to investing. I have my personal opinions, but when it comes to making money in the market I couldn’t care less who wins or losses or which party is in control…
I just care how we can take advantage of this market and make money wherever it is heading.
My Options360 subscribers are going to have an exciting week, and I want you to come for the ride with us.
That’s why we are doing an early “Black Friday” sale!
I am deep into several possible trades, and we will most likely be putting on some new recommendations today or tomorrow…
Don’t miss these new trades. This is the kind of market that can make your whole year in 30-60 days.
It’s exciting, it’s moving…
And it’s time you climbed on board with us!
To Your Success,
Steve Smith have been involved in all facets of the investment industry in a variety of roles ranging from speculator, educator, manager and advisor. This has taken him from the trading floors of Chicago to hedge funds on Wall Street to the world online. From 1987 to 1996, he served as a market maker at the Chicago Board of Options Exchange (CBOE) and Chicago Board of Trade (CBOT). From 1997 to 2007, he was a Senior Columnist and Managing Editor for TheStreet.com, handling their Option Alert and Short Report newsletters. The Option Alert was awarded the MIN “best business newsletter” in 2006. From 2009 to 2013, Smith was a Senior Columnist and Managing Editor for Minyanville’s OptionSmith newsletter, as well as a Risk Manager Consultant for New Vernon Capital LLC. Smith acted as an advisor to build models and option strategies to reduce portfolio exposure and enhance returns for the four main funds. Since 2015, he has worked for Adam Mesh Trading Group. There, he has managed Options360 and Earning 360, been co-leader of Option Academy, and contributed to The Option Specialist website.
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