What the New Stimulus Bill Means…

What the New Stimulus Bill Means…

Posted On December 28, 2020 2:19 pm

I hope you are having a wonderful and safe holiday season.  

The Wall Street Journal reported that President Trump signed the new stimulus bill Sunday evening. 

What does that mean for the market in the new year?

In my opinion, not much.  

Even without the stimulus corporate earnings are coming back and the Fed has the market’s back.

Besides the market has already priced in a stimulus package…

So I don’t expect to see much movement as a result.

I expect the market to keep pushing higher, and if we pick the right positions we can keep profiting from the upward swing. 

At least that is the approach we are taking in Options360

Cautious optimism!

Right now we are monitoring our open positions (we just closed a trade in NIO today for a tidy profit) and looking forward to hitting the ground running after the first of the year

If you are already a subscriber, keep watch in case we adjust or close a position this week.  

We likely aren’t going to open anything new unless an unbelievable opportunity presents itself, but you can expect new trades next week. 

If you are not a subscriber, this might be your last chance to get a trial membership to Options360 for just $19.   

Remember, as we approach the end of the year we are up almost 50% on the year.  Compared to the S&P 500, which is up less than 15%…

Well, I don’t want to brag, but you can see the difference for yourself. 

Click here and grab your trial membership right now!  It’ll be the best money you’ve ever spent.

To Your Success,


About author

Steve Smith

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.