Saturday, October 26, 2024

Brace Yourself: Election and Earnings Set to Shake Up Markets

It’s your weekly ProsperityPub Roundup
 
   
     
   
 
OCTOBER 26, 2024
   
Brace Yourself: Election and Earnings Set to Shake Up Markets

 
 
Happy weekend, everyone! I really hope you're enjoying it and having a good time.

Maybe some of you are taking the opportunity to get out and vote early! From what I hear, the lines are long. I might take my chances with election day...

And speaking of the election, I'm expecting the markets to stagnate until the day after the election (although they might start to move on election day if a winner feels clear).

Tom Busby pointed me to a pretty crazy market phenomenon that he wanted me to research for him in detail. Every election year since '96, there's been a HUGE breakout and 10-14 day trend after the election. (details in the third bullet down below)

Now, the key thing to remember is, this trend could go either direction, and there's no easy way to predict it (i.e., it's not as simple as Republicans move the market higher and Democrats lower, or anything like that)...

In other words, you don't want to try to get out ahead of it or you might catch a falling knife.

But once that direction is decided, I plan to hop on board and ride the wave.

In the meantime, there are some big earnings this week, but as I pointed out yesterday, if TSLA's 20% jump can't drag the broader markets much higher, I would focus on earnings as a case-by-case thing rather than something that could send ripples through the market this week. I think we're in neutral until that post-election wave.

Hope your weekend isn't in neutral though. Enjoy the football, the food, or whatever else you're up to. And one last thing (Alabama fans, I'm sorry...) M-I-Z...


To your prosperity,

— Stephen Ground
Editor-in-Chief, ProsperityPub
HOT TIPS
Key Market Insights
 
 
With just two weeks left until Election Day, market volatility is heating up. Our experts reveal which stocks could benefit, where to expect surprises, and how to trade this pivotal period.
 
Nuclear energy is back in the spotlight. Geof Smith explains why global banks are making huge investments, and companies like Google are jumping on board.
 
Editor-in-Chief, Stephen Ground reveals a shocking post-election market trend: every election since 1996 has triggered a 10-14 day surge in one direction. Get ready for trading opportunities!
 
During the pandemic, Hertz looked doomed. But from just $1.09 it soared to a massive $36 stock price! Scott Welsh shows us how deep value trading can help us spot huge winners!
 
While volatility continues, Nate Tucci shares why gold, utilities, and the S&P 500 remain his top picks. These steady performers could be the key to navigating the upcoming market turbulence!
 
Next week’s earnings from Microsoft, Meta, and Alphabet could shake up the entire market. Chris Pulver breaks down how cloud, AI, and ad revenue numbers could fuel a rally — or cause major volatility!
Are You Ready for the Nuclear Investing BOOM?
 
 
HOT TRADES
Latest Winners
 
 
Jeffry Turnmire’s Triple Threat strategy alerted 57 trades this week and won 51 of them! A truly stunning and rare 89% win rate!
 
Nate Tucci’s Overnight Options strategy raked in three high-profile wins this week with gains ranging from 20.59% to 32.54%!
 
Chris Pulvier and his Daily Profit Play followers claimed 7 winners out of 8 trades this week!
 
Jack Carter and his Weekly Options Profits crew nabbed another 5% weekly gain on NVDA with his high-probability spread strategy!
 
Graham Lindman and his Moonshots Trading Club readers dominated with a 114.29% overnight gain on CAVA!
 
Chris Pulver closed two big wins this week in his Waterfall Income program using SPY and QQQ puts with returns ranging from 14.29% to 21%!
 
Geof Smith had another stellar week with a solid 14.94% return trading the oil markets!
 
THINGS LEFT UNREAD
In Case You Missed It
 
 
Editor-in-Chief, Stephen Ground dives into the challenges facing Disney as Bob Iger prepares to leave (again). With the stock at half its highs and streaming woes, is the next Disney golden age on the horizon?
 
Geof Smith breaks down why gold’s 30% rise this year could be just the beginning. All time highs in global debtgeopolitical tensions … and economic uncertainty are driving the trend. And show no signs of ending.
 
Scott Welsh shares why one exotic carmaker could be on the verge of a turbocharged breakout. With a move above $498.25, this fast-moving stock might be ready to accelerate to new highs.
 
Editor-in-Chief, Stephen Ground shares his frustrations with being stuck in traffic and compares it to the markets ahead of the election. Get ready for the "release valve" after Election Day — the turning point we’ve all been waiting for!
 
In this unpredictable market, pairs trading can be a smart way to hedge your bets. Geof Smith breaks down how you can potentially profit from price differences between two stocks — even if the market goes in both directions!
 
Market on the edge? Chris Pulver shares his cautious, yet bullish strategy for a potential melt-up. Discover how he spots the right entry points and avoid FOMO as the market hovers near its highs.
   
 

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