Editor's Note: Readers constantly write in to ask, "Can we see what The War Room looks like?" Well... ask and you shall receive! For the first time ever, I'm doing a LIVE War Room Demo... 100% FREE! Join us on Thursday, August 4, at 2 p.m. ET. I'll personally walk you through all the features of our live-trading chat room. Plus... we'll have a LIVE Q&A where I'll take your questions... I'll even reveal a special $300 discount for those who attend. As a Trade of the Day reader, you'll get FREE access. Just look for a Zoom link in your email 10 minutes before we go live on Thursday. You can also add the event to your email calendar by clicking here. Note: Our Zoom room is limited to 1,000 participants. Spots are first come, first served! -Ryan Fitzwater, Associate Publisher
Bryan Bottarelli, Head Trade Tactician, Monument Traders Alliance By now, I'm sure you've heard all about the great chip shortage of '22. Some estimates say that 169 industries have been impacted. And no wonder... Because semiconductors are the building blocks of modern-day computing - they impact everything from smartphones and TVs to laptops and cars. Basically, anything you use right now that has an on/off switch depends on them. And thanks to a strange combination of events, the automotive industry has been one of the biggest losers of the chip shortage. But as you'll see, that presents us with an opportunity... As I'm sure you know, the automotive sector was decimated in 2020 by COVID-19, which caused travel restrictions that crushed demand for new cars. In response, automakers overcompensated. They trimmed their production plans and dramatically reduced their orders for new microchips. But then we rapidly recovered - and here we are today... stuck without chips. Why don't the seat warmers on every new 2022 Cadillac work? I'll tell you why... NO CHIPS! |
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