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- What to expect after the election?
What to expect after the election?
Good Evening Rebel Investors,
“I’m just lucky to have been in the right place at the right time. Another place and another time I wouldn’t been as successful.”
-Warren Buffett quote
What do you get from this quote?
Do you believe that you are in the right place at the right time?
Timing is most important in life and espically investing in stocks.
We all know that if we could go back in time we would buy AMZN at $40/ share, right?
Do you really think you would have? Where you prepared enough at the time to know that AMZN at $40 was a solid investment and would you have had the money in place to buy the shares?
I know several people who owned AMZN from $40 - until the recent spilt and they all are much older than I am.
I had no way to buy AMZN at $40, $50, or even $250 a share because I was in my 20s and still very much broke!
I sense most of you reading this newsletter can relate to that idea and so the quote above is for all of us whom should understand that we are in a place in time that will produce a ton of buying opportunites for us to build wealth over the next 10 years.
All we have to do is do our work and be prepared to take advantage when the market presents the opportunity.
That opportunity will come in the form of a large market decline that is setting up for us to profit from in the coming months.
A major market decline for us is a god send because we can use that as a solid buy point.
When those charts bleed red be happy!
-Today’s Markets - 11/06/2024
The election is over! No more crazy ads! Hurray for us, not so good for my tv station’s bottom line but I digress.
The elections’ end means no more uncertianity for the markets.
Thus today’s serious gain $INDU gaining 3% plus and the $SP500 gained 2.5% so tomorrow the market could go sideways as the big candle gains digest.
Tons of trades setup today and that gives all of us and opportunity to profit from a historical November rise that could last until mid-November or even until Thanksgiving.
Be confident in the rise because we had a easy October with no crash, a strong earnings, post election, and a good year of 2024 so far.
I am buying into CAT calls post earnings and SPY Calls to catch the market rise.
We have to keep in mind that the short term rise will at some point give way to a nice decline. Maybe December? Maybe January 2025?
We do not try to predict the future. We should trade and invest using the evidence that is in front of us and always be prepared for what is setting up in the future.
What would tomorrow be like if you let go of the mistakes of today, and worked to be the best you that you can be?
Just a little bite to chew on?
I want to here from you, I have a simple form for you to let me know what your questions are about the stock market and building a stock market income.
Click this line here for the form
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The goal here is for you to learn the edge that you need to begin building your families financial generational wealth change!
Your Friend in Success,
Robert M Morris
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