Welcome to this week’s Total Wealth Insider!
As the economy reopens bit by bit, the phrase that comes to my mind is that “life goes on.”
Even if you have to wear a face mask while you’re living it.
Yes, we’re now seeing that corporate earnings are bad, and the economy’s weakened dramatically. Unemployment applications are at record levels. But everyone has been expecting that news for many weeks. It’s certainly no surprise.
Stir in a few trillion in stimulus, add a blank check from the Federal Reserve and hope for a V-shaped recovery as America gets back to work … and there’s our stock market rally.
The major indexes gave back a little ground in the last half of the week. We’ll see how the coming week goes, but I continue to believe we’ll see the market move higher in fits and starts through May and possibly into June until proven otherwise.
Bigger risks remain. The U.S. economy may not rebound as strongly as the market anticipates. The outcome of the race for the White House and control of Congress adds yet more uncertainty. We also must face the possibility of a second flare-up of the virus as we head into colder months of the year.
Regardless, life goes on. And I, along with my team here at Total Wealth Insider, will be by your side as we navigate this brave new world of investing.
As for this week’s webinar, I discuss:
- A comparison of the Russell 2000 Index and the S&P 500. (1:47)
- Our Law of Unstoppable Profits stock, and the highs it’s hit over the past week. (3:06)
- Floor & Decor (NYSE: FND) and SmileDirectClub (Nasdaq: SDC) are both gaining back lost ground. (5:34)
- Upcoming earnings for six of our stocks. (9:52)
To watch the 10-minute webinar, click on the image below.
(Click here to watch the webinar.)
Click here to read a transcript.
Read Our Getting Started Materials
Whether you’re just joining the Total Wealth Insider family, or you’ve been a loyal subscriber for many years, it always helps to refresh yourself on our trading strategies with our Getting Started materials.
For instance, why do I follow a 25% trailing stop on our positions? Why do I recommend avoiding trading after hours?
If you have similar questions, chances are, I’ve addressed them in our trading manual or in our FAQ. These are great resources for both new and experienced investors.
And make sure to read our library of special reports here. These are chock-full of stocks, and if you’re eager to start trading my recommendations, I recommend you begin with these.
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In the meantime, if you have a question, shoot a note to totalwealthinsider@banyanhill.com.
Best of Good Buys,
Jeff L. Yastine
Editor, Total Wealth Insider