The stock market is going to GO CRAZY THIS WEEK after the CONFIRMED news that Joe Biden will be dropping out of the presidential race. Many traders were speculating on this last week as the rumors were fueling the so called "trump trade", causing bonds to sell off and crypto to get a bid. There were a lot of other trades that moved in unison as well, but for now all eyes will be what material effects are created from Biden stepping down and raising the odds of another Trump presidency. I go over all the Trump trades and potential effects of Biden backing out of the election and how this can create market volatility. Then I go over the stock market this week and the market calendar, going over the top events for the stock market. Finally, I go over 3 stocks for tomorrow and the rest of my portfolio and then end with an economic lesson. I would keep an eye out for SNAP stock after the META stock move last week. SBUX stock after Elliott announced they want to take an activist stake in the company. Finally watch gold stocks and the odds of Biden & Trump will cause big swings in the dollar.
DISCLAIMER: These videos are for educational purposes only. Nothing in this video should be construed as financial advice or a recommendation to buy or sell any sort of security or investment
