Midas Letter

10/30/2020

Should You Buy the Dip Before Election?

The market is looking a little spooked days before Halloween and the US presidential election. The S&P 500 Index (INDEXSP:.INX) had its worst day yesterday since June. However, it’s not all doom and gloom this week. Sit back, grab a pumpkin-spice latte, and watch today’s video addressing the current opportunities in the Options Trading world. There […]
10/28/2020

Guide To Trading the US Election

We are only days away from the US presidential election… The results will have not only dramatic impacts on politics but also global markets. The wait to see who the American people chose to elect, coupled with the increase in COVID-19 infection numbers and uncertainty over GDP data, could tempt […]
10/26/2020

What Q3 Earnings Season Teaches Investors

Earnings season is now well underway. We are getting closer to 100 out of the S&P 500 Index (INDEXSP:.INX) 500 companies reporting their financial progress over a tough year for businesses globally. With 20% of reports now priced into the stock market, we have a better picture of the economy’s health and […]
10/23/2020

How Robinhood Has Changed Options Trading

We have entered a new world in which internet novice traders are gaming the stock market. New investors have flooded trading platforms like Robinhood, betting on stock picks for zero commission fees. Robinhood memberships increased by more than 30% in Q1 of this year alone. Some have compared this new […]
10/19/2020

Stocks to Watch Ahead of Earnings

As the U.S. Presidential election approaches, Wall Street and large Hedge Funds are sitting on the sidelines as uncertainty within the stock market is at an all-time high. Polls cannot exactly be trusted – as we found out four years ago. As there isn’t a lot of trading range and […]
10/16/2020

Forget 5G. ‘The Disruptors’ Will Turn Tech on Its Ear

This month, I launched a new product called “The Disruptors.” (Check out our shop page) I wanted to talk today about why I am so thrilled to have this new service rolling out on the WealthPress platform. I’m not just thrilled — I’m proud. Proud of the people on the WealthPress […]
10/15/2020

Everything You Need To Know This Earnings Season

We are three weeks away from the election, President Trump is cured of COVID, and markets are looking like they could go up or down. The major catalyst within markets, therefore, is the kick-off of earnings season. Up this week are financials and the big banks. Bank stock prices haven’t […]
10/13/2020

Sky-Fi Heralds the Launch of Internet 3.0

According to Musk himself, Elon Musk and SpaceX are planning to IPO their Star-Link Low Earth Orbit (LEO) satellite wi-fi service in the next few years. He also suggested that he would give access to the IPO to small retail investors, stipulating, “You can hold me to it.” While waiting […]
10/12/2020

Is the Stock Market Predicting US President Winner?

Lightning may never strike the same place twice, but to quote Mark Twain: “history doesn’t repeat itself, but it often rhymes.” This year’s Presidential election cycle is no different. We are seeing very similar trading action on the stock market to four years ago… Typically, in an election year, the stock […]
LOGIN