Wall Street moves in cycles…
One year, commodities are the hot ticket. Regardless of whether it’s precious metals or oil – the next? It’s tech. Then it’s pharma.
If you pay attention, you can follow which trend is heating up and which is cooling down – it doesn’t take “insider information” or anything like that– just a little bit of research, pen, paper and a little bit of patience.
This is how you stay ahead of the curve…
And staying ahead of the curve is how people like us not only make money – but continue to make money – regardless of the temperature of the economic climate.
If this weren’t 2016 – I would be giving you some pointers right now on how to best identify the markers in the incoming and outgoing trends…
But it is 2016 – which means this market is a whole OTHER animal.
Election years can be funny…
We can see shifts in trends depending on which candidate is leading or which one is getting more attention.
Traditionally, the better a conservative candidate is doing – the better the market. The reverse is true when a more liberal candidate is grabbing headlines.
But this reaction isn’t new, it’s how it’s been this way since the advent of television…
However, the internet has exacerbated the situation – and more to the point – social media has been like a shot of nitrous oxide to a turbo engine.
Facebook and Twitter posts can sway the populace a lot more handedly than a campaign message ever could…
And the Millenials are making sure to post as much as possible to get their favorite candidate to the top of the heap.
That’s why, as investors, we have to make sure that we know that everything we know to be true – could very well be the opposite while the election is going on.
We could see oil rebound one day and then watch pharmas kill it the next…
It’s like there’s no rhyme or reason to anything.
So, my best advice: due diligence.
If you’re looking to buy a company’s stock – make sure the company has solid numbers before pulling the trigger. Revenues and assets are definitely a plus…
If you’re looking to sell… make sure you’re getting rid of it because of a developing downward pattern – not just a dip.
Just a little more diligence is needed…
And let’s be honest – who COULDN’T be a little more diligent? It’s not a bad habit to have.
With that being said – if you want to take the thinking out of your investing – my GorillaTrades system could be exactly what you’re looking for!
We’d love for you to give us a shot at helping you make some money this year!
If not… good luck to you and all the candidates who are in the running to become the next president. I think we’re ALL going to need it.
“Always vote for principle, though you may vote alone, and you may cherish the sweetest reflection that your vote is never lost.” – John Quincy Adams