Right now there are lots of big spikers, and I’m grateful for every opportunity the market gives. But when the market is like this, I fall back on something I’ve been saying for years. Sometimes the best trade is no trade.
I don’t know if there’s definitely going to be a crash, but all the signs point to it. The problem is, we have so many newbies who don’t know market history. They don’t think it can happen… They might remember the COVID crash from March 2020 (but they also remember how fast it bounced).
The overall market gapped up earlier this week. It looked like we might get support for a solid bounce. But it ended up not holding… Frankly, I’m not surprised. There are a few big unknowns that could change things quickly in the coming days.
Today’s the day… Millions of Americans are going to the polls to participate in Election Day. I’m definitely interested in the outcome. But I’m MOST interested in the market volatility that will surely follow.
In trading, long-term success comes down to one or two big mindset shifts. The good news is that you get to choose your own path. But you have to make a decision… Will you do, for a short period of time, what most people won’t … to live a life of freedom that most people can’t?
Founder of TRADEMONSTER.ai
Founder of Weekend Trader
Chief Strategist of Strategic Fortunes and three elite services
Director of VIP Services
Chief Investment Strategist of Money & Markets
Research Analyst
Sr. Research Analyst for TRADEMONSTER.ai Alerts & Market Rebel [...]