Did Joe Biden just give traders a big signal?

Website | Unsubscribe  October 05, 2020 What California's New Law Means for Wall Street ✔️ The Golden State's new law could make one sector explode... ✔️ What we'll look for in potential plays... ✔️ And how one trader's life changed OVERNIGHT... California's got a new law, and people are calling it crazy. By 2035, it will be illegal to sell new gasoline-powered vehicles in the state.  To say this will have huge implications on the automobile industry would be an understatement.   Electric vehicles are already a red hot sector. The new law could send some stocks into orbit. But the timing is tricky. The entire electric vehicle (EV) world is on shaky ground thanks to a recent scandal surrounding a prominent manufacturer... Instead of speculating on what could happen, I've got a different approach. I'm looking at EV supplier and infrastructure plays versus trying to guess which manufacturer will reign supreme. Let's explore the implications of this new law … and what you should look for in potential plays. Sponsored Content

Overnight Trading System - Turn $5k to over $2.5 Million

Learn how to make more money in 24 hours than most folks make all year long... This could be the easiest way to turn $5,000 into $2,549,704. Download your free report of the Overnight Trader - right now.

CLICK HERE TO DOWNLOAD

The Nikola Scandal Recently, Hindenburg Research released a report about the electric truck manufacturer Nikola Corporation (Nasdaq: NKLA.)  Among the revelations in the report? The company's vehicles don't actually run.  The company filmed the trucks being pushed, then filmed them rolling down hills. They appeared to be operating under their own power — but it was all a lie. The CEO has since resigned and is now facing sexual harassment allegations. NKLA shares have fallen from $50 to as low as $17. It's been a massive sucker-punch to the entire industry.  But it's not all bad news. The controversial new law in California could bring on a new EV boom... California's New Law California has a pretty serious smog problem. For decades, they've had some of the strictest pollution regulations in the world. After all, they need to be able to breathe! So it wasn't a huge surprise when Governor Gavin Newsom signed an executive order banning the sale of new gasoline-powered vehicles after 2035. The new law has been called crazy. I disagree. I think it's aspirational, and that America is ready for this challenge.  I'm not going to let the Nikola scandal shake my belief — EVs are here to stay! Here's why... Sponsored Content

"One Recurring Pattern for the Trade-From-Home Revolution"

Tim Sykes is a self-made multi-millionaire... He became one by trading a recurring penny stock pattern over and over again What could you do with a secret weapon like that? Click here to find out

EVs: In High Demand EV sales are already through the roof. The new law is going to push the demand to even higher levels. California represents the largest new-vehicle market in the country — it's worth $115 billion and employs 250,000 people. An incredible 2,000,000 new vehicles are sold every year in the state.  Right now, Tesla, Inc. (Nasdaq: TSLA) is considered the EV sector leader. Its stock has seen record gains as sales and profits are climbing.  But right now, their annual worldwide production is only 400,000 cars. They'd better speed up! Commercial Delivery Vehicles Here's something else to consider. The new-vehicle market isn't just sedans and minivans.  Delivery trucks and vans make up a huge part of this market. There's a whole commercial fleet to consider… Logistics businesses are at the forefront of buying EVs. They see the cost-saving and benefits. Many orders have been placed but few have been filled. What does it all mean? Consumer demand is rising. Commercial demand is rising. The new law is pouring gasoline on the fire. Forget the politics and rhetoric surrounding the industry — everyone's already buying EVs. So how do you avoid further scandals and controversy while the industry sorts itself out? Sponsored Content

"In This Crazy Up & Down Market, it Seems Like Everyone's Getting Crushed... Except Us"

I'd love to find out what your story will be… Click here to join us

Pick and Shovel Plays During the gold rush, people flocked to California to dig for gold. A few found their fortune; most ended up broke, with aching backs.  But some people made money whether gold was struck or not. Can you guess who? Businesses that made and sold picks and shovels.  Regardless of who was digging or whether or not they found gold, they still had to buy these supplies. I'm looking at the EV industry in the same way. Instead of trying to guess 'the next Tesla,' I'm trading the 'pick and shovel' equivalents in the EV market. For instance: Batteries EVs don't need gas. They need electricity. Instead of a gas tank, they use lithium-ion batteries.  The actual price of lithium isn't likely to move much, so I'm looking at established lithium miners with existing operations. These businesses are poised to expand to keep up with increasing demand. As these businesses expand, demand for their stock could increase, too.   Charging EV sales have skyrocketed around the world — and owners need a place to charge their vehicles. Right now, charging stations are being installed in shopping centers and business parks. Some enterprising businesses are trying to get ahead of the curve by accommodating EVs. It's even gotten political — during the September 29 presidential debate, Joe Biden committed to building 500,000 new charging stations if he's elected. There are already several companies working in the EV charging space. And several more are up and coming. Batteries, charging stations — these are the 'pick and shovel' plays. I want to trade stocks that could benefit regardless of what manufacturers rise to the top of the field. Start Your Engines Once upon a time, EVs were a vague, futuristic dream. Today, they're hitting the mainstream. Right now, we're on the cusp of a major shift in automobile manufacturing and sales. And it's just beginning… There have already been some big winners, but we're just getting started. The market is expanding faster than anyone thought possible. Tomorrow's fortunes are the result of today's decisions. You can sit on the sidelines and watch the boom happen — or learn to trade these stocks and be part of the revolution. Start your education now. Prepare for the future. Charge up, Paul Scolardi Editor, Swing Trade Millionaires *Results not typical. Paul Scolardi teaches skills others have used to make money. Most who receive free or paid content will make little or no money. Most traders lose money. We do not guarantee any outcome regarding your earnings or income as the factors that impact such results are numerous and uncontrollable. You understand and agree you will consider the important risk factors in deciding to purchase any of our products or services. Past performance in the market is not indicative of future results. This is for information purposes only as Millionaire Media, LLC is not registered as a securities broker-dealer or an investment adviser. No information herein is intended as securities brokerage, investment, tax, accounting or legal advice, as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any company, security or fund. We are not a licensed investment professional, and we do not give investment advice. Always consult a licensed investment professional when seeking investment advice.   Millionaire Media, LLC cannot and does not assess, verify or guarantee the adequacy, accuracy or completeness of any information, the suitability or profitability of any particular investment, or the potential value of any investment or informational source. The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing.   Millionaire Media, LLC in no way warrants the solvency, financial condition, or investment advisability of any of the securities mentioned in communications or websites. In addition, Millionaire Media, LLC accepts no liability whatsoever for any direct or consequential loss arising from any use of this information. This information is not intended to be used as the sole basis of any investment decision, nor should it be construed as advice designed to meet the investment needs of any particular investor. Past performance is not necessarily indicative of future returns. Millionaire Publishing, 66 West Flagler St STE 900, Miami, FL 33130, US You may unsubscribe or change your contact details at any time.