Millionaire Mentor Update *Special Edition: 2020 Election*

special 2020 election mmu cover image

The 2020 election is finally upon us, and I’m getting questions galore. So this edition of the update I’ll answer a few common questions and give you my last-minute thoughts.

Whatever happens in the election, there will always be opportunity in the stock market. The key is to prepare.

Last week was ugly for the overall market. Too many newbies who made money during the summer went down with the ship. They hoped the latest round of promoted stocks would bounce. Sadly, they’re learning the hard way that hold and hope is not a strategy.

Check out this year to date chart of the SPDR S&P 500 ETF:

SPY YTD nov 2
SPY chart: year to date, leading up to the 2020 election — courtesy of StocksToTrade.com

There are troubling signs. Even though September and October look like market choppiness, when you consider how far it’s bounced off the March lows, you really have to be overly safe. Keep everything in perspective.

Election 2020: Will You Make This Mistake?

I keep seeing an old adage come up in financial news. I want to address it because it’s being used a lot right now.

Here it is: “The market hates uncertainty.”

What the pundits and financial journalists call uncertainty is all about people guessing where the overall market is going.

You might already know this, but the 10 biggest stocks make up almost 30% of the S&P 500 index value. And, at the time of writing, the five biggest stocks make up 22.3%. That’s nearly a quarter of the overall market. (The top five companies are Apple, Amazon, Microsoft, Alphabet (Google), and Facebook.)

So people are trying to figure out what’s gonna happen with Apple, Facebook, and other large market cap companies.

For me, I focus on my patterns and strategies. I just trade the volatility. There’s nothing uncertain about it. There are only two uncertainties…

  • When will the next hot play come?
  • Will you be prepared for it?

Sadly, the answer to that second question for too many people reading this is no. Most people aren’t prepared for the next hot play. Why? Because you’re thinking about the markets all wrong. You haven’t accepted how corrupt penny stocks are and how predictable patterns can be.

Good Trading Opportunity or Good Investment?

I think these companies are all junk. They’ll probably all fail or drop 99% in the next few years. The key is to ride the hype, but don’t believe it. That’s why you should always…

Avoid Guessing Games in the Markets

I’m on a daily mission to de-brainwash people and educate them. Stop the BS guessing games. Stop talking about the ‘uncertainty’ in the markets and learn to react.

Trading is like trying to hit two moving targets at once. The first moving target is what’s working in the market right now. The second is you — your mindset, trading-discipline, and experience.

Over the years, I’ve found one of the very best ways to learn how to hit both moving targets right is to watch a successful, experienced trader live.

And THAT is why I want to invite you to my…

**Post 2020 Election Live Trading Day**

That’s right … Watch over my shoulder on November 4, the day after the 2020 election.

I won’t make a 2020 election prediction. (Keep reading to the end of this post and you’ll know exactly why.) And I have no idea whether the election will create massive opportunity in the markets.

But I do know this…

When you add up everything we’ve seen in 2020…

… a global pandemic … an unprecedented economic shutdown… riots on the streets for social justice… big discussions on the environment…

We’ve seen amazing volatility in the markets. And that created the biggest 100-day gain in stock market history. Now we’re seeing a correction that could go either way depending on the outcome of the election.

But even more than that … those same issues are on the ballot this election. So when the 2020 election results start coming in…

The potential for volatility in the markets is huge. That’s why I’ve blocked off ALL DAY on November 4 for a live trading day. Let me show you how I find the best opportunities and patterns in real time.

Again, I can’t predict what will happen in the election. And predicting the market is dangerous. But I’ll be ready. If you decide to join me on November 4, I’ll throw in a bunch of bonuses. (Including three of my best-selling DVDs.) If you want to join me, click below and watch the video.

Click here to join me for the post-election LIVE trading day!

I look forward to seeing you on November 4. Now let’s get to some student questions…

Trading Mentor: Questions From Students

When presidential elections come around, students inevitably ask questions hoping to get some kind of trading edge. Here are two questions I’ve had in the runup to tomorrow’s election…

“Which sectors will you be watching in the days following the election?”

There are a few obvious answers to this question. I’ll start with those…

I’ll be looking at clean tech vs. fossil fuels. And I’ll be looking at defense companies and military spending. I’ll look at police equipment stocks if there’s civil unrest or protests.

But pay attention…

Mainly, I’ll be looking at all the big percent gainers. It’s not about any one sector, stock, or company. For me, it’s about my favorite patterns. I don’t have 20 years of success from playing guessing games or trying to predict what’s gonna be hot.

“If the election results get delayed, would you expect it to create more volatility?”

Sure. Delayed election results would lead to conflicting stories in the press. It’ll be just like we’ve seen with stimulus news.

We went back and forth over whether there would be a stimulus package before the election. There were probably 30 or 40 different comments from Democrats and Republicans. Every time there was a rumor, the markets jolted up or down.

In the end, we didn’t get another stimulus.

The same thing could happen if we don’t know the outcome right away. The important thing to understand is…

Volatility or No Volatility, Preparation Is Key

If there’s volatility … cool. If there’s no volatility, that’s cool too.

Again, it’s me being prepared for my patterns if and when they come around. If they don’t come … I do nothing. I sit on my hands. And if they do come about, I’m prepared.

99.9% of people reading this (is that you?) are NOT prepared. So what can you do to prepare?

watchlist banner

First, be sure to join me for post-election live trading on November 4. But even if you can’t make it, you need to start learning now. There will always be opportunities in the market, but you must prepare.

Prepare for the Inevitable Now

A great way to get a solid foundation is by reading “The Complete Penny Stock Course” by my student Jamil. (I wrote the forward.) Jamil took everything he learned from me and put it into an amazingly well-organized book.

When you read Jamil’s book, check out the section on volatility and liquidity (page 145). And also hype, speculation, and anticipation (page 187). Those two sections will help you prepare for post-election trading.

If you want to get Jamil’s book for free … go through my 30-Day Bootcamp. The book is a bonus. Again, the 30-Day Bootcamp is a great foundation for trading penny stocks.

Finally, watch my 6,000+ video lessons on Profit.ly. Get access either as a Pennystocking Silver member or as a Trading Challenge member. (Note: Trading Challenge membership is exclusive and requires you to go through an interview process.)

If there are no plays after the election…

You should be happy. It gives you more time to prepare and catch up before the next round of stock market madness.

Millionaire Mentor Market Wrap: 2020 Election Final Thoughts

Tim Sykes studying and trading
© Millionaire Media, LLC

My final thoughts on the election…

I don’t care who wins. I don’t play guessing games and I don’t do the uncertainty BS. Instead, I simply wait. I react to the patterns I see into the volatility I see. Will there be a lot of volatility? Who knows?

I hope there’s volatility and this year is set up in a lot of ways for that to happen. But I won’t say “Oh, I’m gonna buy this electric vehicle play before the election.”

NO!

I’m doing nothing different before the election. Why? Because it’s a guessing game where even the professional pollsters have gotten it wrong in the past.

Incredibly, one oddsmaker says the 2020 election is the ‘most bet-on event in history.’ Whatever the 2020 election betting odds, in the stock market you have no odds whatsoever.

Think of it like this…

This election is like an earnings report. I know a lot of people try to predict price action before an earnings report. But I always tell students not to guess earnings. Instead, play the reaction to earnings. 

So an election is like the political earnings of the U.S. But instead of earnings calls four times a year, this is once every four years.

Here’s what you should do right now, especially if you’re a beginner and want to actually see what I’m talking about…

Join Me for Live Trading on November 4

Will the day after the 2020 election be a big trading day? Let me put it this way…

If it even comes close to June 30 — the best trading day of 2020 so far — I’ll be ecstatic. That day, my top students and I made a combined $591,000 in trading profits.* Mostly on one stock.

(*Please note: My results, along with the results of my top students, are far from typical. Individual results will vary. Most traders lose money. My top students and I have the benefit of many years of hard work and dedication. Trading is inherently risky. Do your due diligence and never risk more than you can afford to lose.)

So I’ll look for ‘political stocks’ — anything moving on the outcome (or lack thereof) of the election.

Nothing’s guaranteed. If you’re brand new and we see a lot of volatility, it might be safer to watch. But start studying right away.

Students who watched the massive morning panic on June 30 in real time finally saw what I’ve been ranting about for years. And many are taking next steps to become self-sufficient traders.

Others, like Jack Kellogg, made the equivalent of an annual salary in one day!*

Jack’s a great example of sticking with it. He watched prior hot markets, studied, and refined his process. This year he’s made $818,432 in trading profits and within $7,000 of breaking the million-dollar mark.* He could pass it any day.

Remember, we’re literally hours away from the big election…

Click here now to join me November 4 for a LIVE day of post-election trading together!

Don’t miss this live event. It could easily be the most important trading day of the year. See you there!

What do you think of the 2020 election and how it could affect the markets? Comment below, I love to hear from all my readers!

Share