 12/31/2020 I Called It! ✔️ How I predicted every big market move this year... ✔️ A prediction for early 2021 that could change everything...  2020 was the best year of my career — and reportedly the best year for several of my students.*
When the pandemic hit, a lot of people thought the market would take years to recover from the initial crash. Others thought we'd have a big market crash if President-elect Joe Biden won the election.
I didn't believe any of it. I did my own research, took my time, and made my bets. That's the most important thing I want you to learn from today's review. You need to think for yourself.
Will you be wrong sometimes? Of course.
I haven't made money every year I've traded. I've broken my rules before and lost money.
But this year was different. This year I was in sync with the market, and I made record profits.*
Let's take a look back at the year. I want to go over what I thought would happen throughout the year and what actually happened.
And I'll leave you with something key to watch next week.
Before I carry on, I'd like to wish you a happy New Year. In honor of New Year's Day, I won't be sending a newsletter tomorrow. I'll be back to our regular schedule on Monday of next week. Sponsored Ad  See how Mark Croock uses penny stock strategies (taught by multi-millionaire trader Tim Sykes) to trade options from home on Tesla, Beyond Meat, and Zoom… The Pandemic Crash
The market crashed in March. The S&P 500 lost 35% of its value in 21 trading days! That was the fastest and most intense market crash on record.
But as the crash was happening, I evaluated the situation. I knew the Federal Reserve was pretty involved in the economy over the past few decades.
I had a strong feeling the Fed would intervene this time and start buying to push for a market rally.
What happened? The Fed started buying corporate bonds and ETF shares to help push the markets higher.
Since then, the markets have recovered all of the losses from the crash. And it began making new highs again in August.
After hitting that bottom, the market has been more bullish than ever before. If you do the math — and I did — the S&P 500 rose more than 70% from the lowest point of the year.
But the markets had more than one big event this year. 2020 was an election year, too... Election Chaos
I saw this coming in the spring. I said we could likely expect a lot of volatility leading up to and possibly even immediately after the election.
I was right. There was a lot of volatility leading up to the election. There were two big pullbacks after the S&P 500 made new record highs in August. One was in September and another in October.
So why did I think there would be so much chaos and volatility around the election?
The market hates uncertainty, and elections pose a lot of it. The polls were changing every day. Trump was tweeting like crazy. And the markets weren't sure if one party might sweep the elections.
As the election drew closer, I saw indications of a divided government. I said so long as the government is divided, we'll have a strong rally into the end of the year... Sponsored Ad You Want to Learn Penny Stock Trading - But You Don't Want to "Figure it Out" On Your Own... It's Time You Met the 30-Day Bootcamp  Want to start trading from home? Post-Election Rally
My hunch came true ... mostly. The market is rallying, and neither party has won control over the House, the Senate, and the White House.
But the Democrats still could...
We all know Joe Biden, a Democrat, won the White House. The Democrats also kept control of the House of Representatives.
But the Senate is still up for grabs. Republicans currently hold a 50–48 advantage. But there are still two undecided races in Georgia.
Democrats are coming off a big victory in Georgia too. Joe Biden was the first Democrat in 28 years to win the state.
If the Democrats win both races, then the tie-breaking vote in the Senate belongs to Vice President-elect Kamala Harris, who's a Democrat. What I'm Preparing for in Early January
The Senate runoff elections are scheduled for January 5 and could go either way at this point.
The market is still rallying like there isn't much risk, but there is. If the Democrats win both races, they'll take control of the Senate. That would negate my theory for the post-election rally.
If the Democrats take control of the Senate they could push an extreme agenda. More taxes and increased regulations — that could lead to a big sell-off.
The market is very high right now. It's due for a correction, a pullback of 10% or more. Markets have natural peaks and valleys. Stocks can't just go up all the time...
The market can be bullish when the government is under Democrat or Republican control. But history tells us the market prefers a divided government.
I believe if the Republicans win either race, the market will likely continue to rally higher. There will be a correction at some point, but it might be months or even years away. Sponsored Ad  If you're tired of grinding your life away…
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If you're ready to look at yourself in the mirror and say - "I'm not doing this anymore"...
Learn to Think for Yourself
What can you learn from 2020?
Learn to think for yourself. The stock market is ever-evolving. You'll never be right all the time, but you'll be better off if you can form your own opinions.
2020 had one of the most epic bull runs in stock market history. If you were reading the media's predictions, you could have missed out. You might have thought that high unemployment and an economic recession would only drive the market lower.
But I looked at the whole picture. I asked, 'who are the buyers, and who are the sellers?' Turns out, a buyer with unlimited funds can push the market higher no matter what the economy is doing.
Looking back, I'm glad I thought for myself this year. By doing so, I was able to have a record year.*
With 2021 on the horizon, I want to remind you to always look at all the factors in play. Learn from history. And question everything.
Happy New Year,
Paul Scolardi Editor, Swing Trade Millionaires P.S. One of Tim Sykes best students is trading options from home. He uses a little known strategy based on Tim's penny stock method, and he's been teaching regular American how he does it. But his page is coming down TONIGHT… so this is your chance to see how Mark's strategy works for you in the new year.
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*Results are not typical and will vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here.
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