”Christmas in October“ is Happenig in 15 Days – Here’s How to Profit Off It

You are receiving this as a part of your subscription to Profit Pregame. To remove your email from this list, [unsubscribe here](. [Profit Pregame] ["Christmas in October" is Happenig in 15 Days - Here's How to Profit Off It]( Amazon just made an exciting announcement... Prime day is coming. What's Happening? The shortcomings of the retail sector have continued to be a headliner over the last few months. But if there's one name that hasn't had many woes due to the pandemic - it's Amazon. And now, the company has waved the checkered flag, signaling the start of a hugely important shopping season. Amazon announced on Monday that it would be hosting its annual Prime Day on October 13 and 14. Now, this is a much later date than usual. We typically see Prime Day occur in July - but due to the pandemic, Amazon postponed the highly anticipated shopping celebration. Now, in case you haven't heard of Prime Day, it is essentially Amazon's version of Christmas in the summer. It offers massive discounts on some of its hottest products, and sales have routinely beat Black Friday sales. Where's the money? As we discussed earlier, Amazon has benefitted from the pandemic as consumers shifted to buying more goods online to limit visits to physical stores. In fact, the shift to online shopping was so massive that the last quarter reported nearly $89 billion in sales, up 40% from the same period a year earlier. This massive growth in this e-commerce giant hasn't just been in sales, either. The stock has skyrocketed nearly 68% over the last year. And this decision to start this highly anticipated shopping event could not only help propel this company's stock to a record-breaking fourth quarter but also encourage other retailers to offer October promotions too. In turn, this could kick off the holiday retail season early, helping boost this struggling industry. But I'm not one to bet on hope - so, here's how I plan to play the Prime Day news. How can I get some? Despite the uptick in unemployment, we still saw consumers pumping money into the economy. And specific industries, such as home building, home improvement, and the e-commerce world, have seen a massive business boost. And with Amazon's recent announcement, I don't see this substantial consumer traffic slowing down anytime soon. Especially since we're continuing to see jobs numbers improve (even if they are improving slowly) - I also believe we'll see a flood of new shoppers entering the sector. But I wouldn't get distracted but other brick and mortar retailers. All your focus should remain on the world's leader - Amazon. With that said, I would look to buy Amazon on any pullback - and I would ride that investment through the holiday season. The Rich Get Richer Amazon's business model not only fell in line with a long-rising trend of online shopping, but it also seems tailor-made for surviving a pandemic. On top of that, its capacity to hold huge savings events increases demand even further, setting AMZN up for even more success. It's data points, and trends like these - not just earnings reports - that help me detect the best profit opportunities for my Project 303 readers. While others look at a bird's eye view of a company, my S.C.A.N. trading algorithm is pouring through every aspect of it, including the industry in which it operates and how it fits into the market as a whole. To find out more, [click here now.]( In the spotlight: The TikTok narrative continues... The story of TikTok just seems never to end. And the latest development sent the story in a completely new direction. On Sunday, Trump had an order in place to remove the video-sharing app from all U.S. app stores. But after a hearing on Sunday, Judge Carl Nichols of United States District Court for the District of Columbia granted an injunction against that order. But that doesn't mean the app is here to stay as Nichols did not block the much broader ban set to hit on Nov. 12 in the U.S., which could effectively make TikTok unusable. The U.S. Commerce Department said it would continue to defend the executive order, which is "consistent with the law and promotes legitimate national security interests." And TikTok has agreed to continue talks with the government to turn the company's proposal, which the President gave his preliminary approval to last weekend, into an agreement. With that said, no one can be sure what's to come for this ever-evolving deal. But I'm sticking to my guns with this one and merely watching from a distance. And I think you should too. Please do not reply to this email. It was sent from an unmonitored mailbox. You are receiving this e-mail at {EMAIL}, as part of your subscription to Profit Pregame. To remove your email from this list: [unsubscribe here](. 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