Midas Letter

06/26/2020

4 Premium Stocks as Markets Drop

The U.S. is halting the reopening of the economy as Coronavirus cases hit record highs, stimulus money is running out and we don’t seem to be any closer to a vaccine or accurate testing… Market conditions are eerily similar to right before the first outbreak of the pandemic… Due to […]
06/24/2020

How Traders can Surf the Coronavirus Second Wave

The market has finally woken up to the reality of a COVID-19 second wave. US cases are up more than 15% in the last two weeks with cases rising in 18 states mainly in the South, West and Midwest. Global cases has also risen above 9 million with more than 450,000 […]
06/22/2020

Tech Stocks: The New Safe Haven?

FAANG stocks and the largest technology stocks have dominated in a year of uncertainty (to put it lightly). Their consensus P/E ratios are forecast to be the highest in decades. As the economy has been decimated due to the Coronavirus and company earnings estimates have been hit in correlation, the largest […]
06/19/2020

The Trade Setup to Profit from Market Volatility

How quick can economies emerge from the Coronavirus and the corresponding lockdowns? How much impact will tariffs and a potential trade war have on markets? The uncertainty in markets is at an all time high as no one can reasonably answer these questions and predict the future price action. Not […]
06/17/2020

How to Trade Options in Today’s Market

The S&P 500 Index (INDEXSP:.INX) has turned negative yet again this morning. New data has come out showing a recent surge in COVID-19 hospitalizations in Texas. This news has caused markets to reverse directions and start heading back into downfall. This comes after three days of rise in the stock […]
06/16/2020

Fed Buying Bonds Removes All Pretense of Free Markets

Trying to predict price movements in the market has become a fool’s errand in the COVID decade. The primary cause of that is the explosion in liquidity that has occurred as a result of the Quantitative Easing reflex response of central bankers. Like a dying patient squeezing the morphine trigger […]
06/15/2020

Top Trading Strategies as Markets Decline

Before the end of last week, we had been seeing a consistent drift lower in the CBOE Volatility Index (INDEXCBOE:VIX) coupled with a rise in overall markets. As we have been predicting through momentum indications, Thursday changed everything… We saw a complete reversal and a massive market sell-off. The Vix […]
06/12/2020

Will Stocks Sell-Off Again or is another Boom Incoming?

“History doesn’t repeat itself, but it often rhymes” – Mark Twain. The Feds objective is market growth demonstrated by a constant uptrend in stock market performance. By printing money, the economy can appear strong but increasingly the economic data does not support the case. We have seen an increase in […]
06/10/2020

How to Build an Investment Profit Ladder

Stocks started the week on another high note. The S&P 500 Index (INDEXSP:.INX) has been on a tear since the dip in March due to the Coronavirus. Simultaneously, the US is officially now in an economic recession. So, at what point does the stock market subsidized by Quantitative Easing and Zero […]
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