Hello everyone,
It’s been a while but let’s breakdown what’s been going down in the market this week. The heaviest influencer of the market right now is the election and everything that comes with it. Both parties need a win so they’re looking for the corona relief bill to pass. News of breaking gridlock today is great for the market. I expect Pelosi to compromise at some point this week and the market does too which is why Amazon and Apple were trading so high at the close. FYI, Biden is up in the polls by a large margin. A winner this week from my portfolio is called Cloudflare which is providing cybersecurity during this election time. A few months ago I bought a bundle of cybersecurity stocks genuinely not knowing what they do. The only thing I looked at was their finance statements from the past years and got lucky with a winner. Remember if anyone else wants to get started with something like this, just reach out to me and I’d be happy to help. From, Joshua So
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Where we update others about current events and how they may affect the economy and market.
Authors| Joshua So | Archives
October 2020
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