Navigating the Markets during the Trump/Biden Election!!!
The stock market is tough to navigate during normalcy; throw in a worldwide pandemic, an equality movement, and a Presidential election, well, you we have the makings of a wild month. With the Trump/Biden election only a few weeks a way, keep your eyes on your portfolio. The market is already showing turbulent movement and there is more to come. Me, what am I doing??? I’m sticking with the big boys, the blue chips.
In my opinion, the stocks that can get hurt really bad over the next month are going to be the lesser know, small cap and mid cap stocks. A small cap stock is generally a company with a market capitalization of between $300 million and $2 billion. A mid-cap stock is the term that is used to designate companies with a market capitalization between $2 and $10 billion. (investopedia) If you stick with the blue chip that have been around for a while, you should be fine. A blue chip is a nationally recognized, well-established, and financially sound company. Keep you eye on the Apple (AAPL), Walmart (WMT), Amazon (AMZN), Johnson and Johnson (JNJ), Microsoft (MSFT), Intel (INTC), and McDonald’s Corp (MCD) of the trading world. Those stocks will be around after the coronavirus has vanished, the equality issues have been solved, and the Trump/Biden show is no longer airing.
Disclosure: The stocks discussed are in no way, shape, or form intended to be financial advice. They are just investment ideas that encourage the reader to do further research on his or her own. Furthermore, Investment Mob LLC is not a registered broker-dealer or a registered investment adviser. Any product from Investment Mob LLC is furnished for your personal, noncommercial, informational purpose only, and a particular security in the product does not constitute a recommendation to buy, sell, or hold that or any other security, or that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. You further understand that Investment Mob LLC will not advise you personally concerning the nature, potential, value or suitability of any particular security, portfolio of securities, transaction, investment strategy or other matter. To the extent any of the information contained in the Product or Article may be deemed to be investment advice, such information is impersonal and not tailored to the investment needs of any specific person. You also acknowledge that you are responsible for your own financial decisions.