Impeachment Panic Overblown: Tesla, Amazon Soaring
Politics and the stock market do not mix. Or rather, their mizing causes some of the most panic driven, weak handed approach to investing around. And we’re not just talking about the Volfefe index, created by analysts at JPMorgan Chase & Co, to track market changes based on tweets posted by President Trump.
With all the talk of impeachment and the U.S.-China trade war, I have to remind you to have strong hands.
People let their emotions get the better of them when deciding whether to buy or sell.
But not us.
I’m here to reassure you that there’s nothing to fear when it comes to the stocks and trends that we’re following.
New-world companies that embrace technology are primed to soar despite the political climate. We talk about a few this week, including:
- WeWork: Its step back from its initial public offering (IPO) until next year and why the company’s rebranding will be great news for investors.
- Amazon: How the company is outpacing Apple with 15 new tech inventions for its Alexa technology.
- Tesla: Elon Musk’s leaps forward with his SpaceX tech and how Tesla’s going to keep up.
Check out this week’s Market Talk below:
We would love to hear what you think about all this impeachment talk and the new direction for electric vehicles; how it may affect electric giant Tesla and the future of this emerging market. Most of all we would love to for you to check out our tech investing newsletter, Profit Unlimited. Each week, our subscribers receive all these free content plus specialized investing reports, a model portfolio, trade alerts and some of teh best customer service around. We are popular with tech investors because we have our hand on the energy pulse.
Starting today, be sure to check out Amber’s Macro Monday on my YouTube channel. It’s a new monthly series where Amber breaks down everything you need to know about the ins and outs of the market.
Editor, Profits Unlimited
I’ve been investing for more than 25 years. I started my career on Wall Street in 1991 as an assistant portfolio manager at Bankers Trust. I quickly advanced to prominent positions at Deutsche Bank and ING, managing multimillion-dollar accounts. In 2006, the owners of a $6 billion firm named Kinetics Asset Management recruited me to manage their hedge fund.