| | Part of This $500,000 Could Be Yours (Only until Tomorrow at Midnight) When you're getting the chance to make $4,000 in a month... or $8,000 in two weeks... and even $1,000 day after day after day like Andrew Keene's followers are... what you're really getting is a shot at complete freedom. That's why he's putting $500,000 on the line to help give as many folks as possible the same advantage. But come Sunday at midnight, his offer will be off the table. So don't delay - go here now.
| February 29, 2020 | Three Ways to Protect Yourself from Coronavirus Incompetence By D.R. Barton, Jr. | On Monday, I shared with you the three things traders are looking for to be reassured that the Covid-19 coronavirus epidemic will blow over quickly: strong action from public health agencies, help from central banks, and measured reaction from governments.
None of those things have happened.
Today, as I look back on what is now officially the worst week for markets since the 2008 Financial Crisis, the verdict of traders is clear.
As of right now, the world is failing, and the markets are reacting accordingly.
I'm, frankly, blown away by the perfect storm of incompetence that I see as American and global leaders try and fail to address Covid-19.
Much as I'd like to...I can't fix stupidity.
But I can give you 3 action items to help you and your money weather the storm...
The Global Coronavirus Mistakes That Irritate Me The Most
On the public health front, there have been some serious missteps. For example, the first Covid-19 patient in America to catch the without clear contact with any other known cases is now being treated at UC Davis Medical Center. Healthcare professionals there asked the Centers for Disease Control and Prevention (CDC) to test the patient for Covid-19 a week ago.
The CDC declined because the patient's symptoms were not a complete match. And yet it turns out the patient is in fact infected. The CDC's bureaucratic mishandling and delay threatens the healthcare professionals who are critical to swiftly handling this outbreak.
The risk of delay here is high, especially to medical personnel. Some reports suggest that as many as 29% of those infected in China were healthcare workers.
Reports that federal health officials sent to work at quarantine sites in California had no training, no protective gear, and were allowed to leave on domestic flights without being screened show another possible failure of the public health response here in America.
The mixed messages from the administration are not helping instill confidence, either. While the CDC continues to issue warnings that an outbreak in the U.S. is inevitable and may be very disruptive, other officials in the administration are downplaying the matter.
Traders were also not reassured when it was announced that all the Covid-19-related science and medical decision-making go through Vice-President Pence, who has no public health experience or expertise.
Meanwhile, as more and more data comes out from developed countries dealing with Covid-19 outbreaks, it's becoming quite clear that China's official numbers were for a very long time artificially lowered, to make the epidemic seem less serious.
Central banks have also not been as responsive as traders were hoping. So far there has been no decisive response from any of the major central banks, with the exception of the People's Bank of China, in late January.
But traders are looking for other affected economies to also receive a boost. So far, there has been no real response from the Fed, the Bank of Japan, or the European Central Bank. Markets will now hinge heavily on what comes out of the Fed's meeting on March 18.
Meanwhile, the World Bank has offered special bonds to developing countries that are not ready to deal with a Covid-19 outbreak. However, the World Bank's offer is so complex, it's not clear the countries would ever receive any money - and definitely only after an outbreak started, not before.
Finally, traders have also been disappointed by the handling of borders and quarantine by sovereign governments.
As Covid-19 has spread from northern Italy to Germany, Austria, Switzerland, France, and elsewhere in Europe, some politicians there are calling for a heavy-handed policy of closing the EU's internal borders.
So far, the countries have largely avoided that, but as the 2015 refugee crisis showed, the open-borders policy of the EU is already flimsy at best. If European leaders overreact and start closing borders, the tightly-integrated EU economy could quickly grind to a halt.
In short, both the American and global responses to the Covid-19 epidemic are a mess. That has sapped the confidence of traders.
What to Do With Your Money In The Middle of This Mess
It will be some time before this clears up. So here are the three things you can do in the short to medium term:
- We're in "no man's land" here - and with the markets this stretched, I don't think it's prudent to jump out of the markets here. A couple of daily closes in bear market territory might change my mind. So if the S&P 500 Index stays above 2700 (another 5+% below here), I would hang tight. Longer term holdings like income plays are designed to weather these storms.
If you're one of my Betaflow testers, I've just put up a good analysis video on our site talking through how we'll play this key support level. If you're not part of the test - which has been delivering repeated 100% wins despite coronavirus headlines - just go here to get on the waitlist. - I'm not a fan of putting on new long or bullish positions until the volatility/fear index ($VIX) gives us some indication that markets are returning to normal. I'm keeping my powder dry this weekend.
- Short trades and puts are tough here because we almost always get violent snap-up rallies in down markets. Take care with those types of trades and keep a tight leash on them.
Great trading and God bless you,
D. R. Barton, Jr. | | | This Textbook "Reality Gap" Could Lead to Soaring Profits in the Cannabis Industry The growing pains of this young market mean that there are currently dozens of undervalued pot stocks. But as federal legalization starts to heat up, all of that could change... practically overnight. This economic shift could flood the market with up to a projected $500 billion. And you can hear all about it right now from four of the brightest minds in cannabis - including legendary quarterback Joe Montana. Just click here to get instant access to the 2020 American Cannabis Summit. You Could've Closed SEVEN 100%+ Winners (Don't Miss the Next Chance) It takes no special skills, no complicated moves, and only 10 minutes of effort per week. But if you had followed these simple instructions from D.R. Barton, Jr., you could've seen profits of 100%, 151%, and 203% hit your account - all within a month's time. And now, anyone who steps up to the plate can exploit the next round of triple-digit potential. Get the details here. | | Please do not reply to this email. It was sent from an unmonitored mailbox. You are receiving this e-mail at its028@gmail.com, as part of your subscription to Straight-Up Profits. To remove your email from this list: Unsubscribe here or Manage Your Email Preferences. To cancel, or for any other questions or requests, please contact our Customer Service team: Online Phone: 888-384-8339 (North America) 443-353-4519 (International) Mail: Straight-Up Profits | Attn: Member Services | 1125 N Charles Street | Baltimore, MD 21201 Fax: 410-622-3050 Our Customer Service team is available Monday - Friday between 9:00 AM and 5:00 PM ET. © 2020 Money Map Press. All Rights Reserved. Nothing in this email should be considered personalized financial advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized financial advice. We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Protected by copyright laws of the United States and international treaties. This Newsletter may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of: Money Map Press. 1125 N Charles Street, Baltimore MD 21201. Website | Privacy Policy | Terms & Conditions | |
没有评论:
发表评论