It’s been two days since Election Day, and we still aren’t sure who will be the U.S. President for the next four years. I don’t intend to make any adjustments upon hearing the final results after all the mail-in ballots are accounted for.
Read MoreWe got a short break thanks to the U.S. government’s news that the country’s economy grew 33.1% in the third quarter.
Read MoreYesterday was the second sharp sell-off of the week. Several worries caused it: the continually rising and record-breaking coronavirus cases … Europe reinstating pandemic restrictions … the U.S. government’s failure to compromise on a new stimulus deal … mixed third-quarter earnings results … uncertainty over next week’s elections…
Read MoreAs I acknowledged last week, the “50/50” positioning we established on September 24 isn’t economically paying off … not yet, at least.
Read MoreAs I touched on last week, I recommended implementing our “50/50” position, whereby you should invest 50% of the assets you have earmarked for 10X Profits in the ProShares Ultra QQQ (NYSE: QLD) and the remaining 50% in iPath Series B S&P 500 VIX Short-Term Futures ETN (NYSE: VXX) on September 24.
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