We saw this new correction coming. How long will last and how low will it go? Tomorrow’s webinar will be a doozy.
This week’s webinar will outline our post Coronavirus COVID-19 investing strategy and tactics. The second wave of both COVID-19 and the Coronavirus stock market crashes are coming. Prepare now.
Quarterly Outlook & Game Plan (April 2020): Impact Of Coronavirus COVID-19 On The Economy And Investing
I have made this Quarterly Outlook and Game Plan open to the public. If you are not a “Free Library Card” holder or existing member, please sign up today. Memberships are temporarily 50% off your first year. If you subscribe to “Sustainable Growth Investing” or either Retirement membership, I am upgrading you your 1st year to our R.A.R.E. membership. You can decide in a year if that’s right for you. R.A.R.E. entitles you to everything on the site, including our forums and swing trading chatroom.
Summary The Senate relief bill seems 50/50 to get approved “as is” by the House of Representatives. “Unanimous Consent” by the House could be used to pass bill, but several Reps do not feel comfortable doing that. It think it is even money that the House proposed their own bill and takes it to the Senate. That would delay passage by about a week. There’s no doubt something is coming. […]
The coronavirus COVID-19 recession and crash will not be short or shallow. We should expect more economic damage. The stock market is still overvalued and likely to fall further. Use this correction as a chance to position your asset allocation into the “smart everything” and alternative energy world that is developing. It is there that enough growth exists to generate gains. Our research shows that over 100 companies in the S&P 500 are at serious risk of becoming zombies or going bankrupt.
I have been predicting #Crash2020 since summer 2018. How did I know? Recently, I said expect a “limit down” day from the opening bell soon. How did I know? Watch my Investing 2020s webinars on YouTube to find out for free. Tonight’s special webinar is your chance to catch up. Also, a special 50% discount offer for all viewers. If nothing else, sign up for a free library card.
Coronavirus is causing severe human suffering. The equity markets are also suffering. However, valuations were looking for a reason to correct. The stock market can easily drop another 25-35%. Use this correction to move away from “old economy” disrupted investments and move towards “smart everything” and alternative energy world investments.
In our annual forecast we suggested an early year correction driven by a volatility event. On Twitter in early January, I posted that coronavirus was the most important story developing. It is now threatening the stock market and global economy. Here’s a simple way to think about volatility now.