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How will the markets react to the shift? When the clock strikes noon on the east coast today, Joe Bi
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How will the markets react to the shift? When the clock strikes noon on the east coast today, Joe Biden's presidency will officially begin. So far, the market seems sanguine about the incoming administration, but the rubber is about to met the road. Lots of analysts expected the market to react negatively to Democratic control of Washington, but so far the waters are calm. Could it be an illusion based on excitement about the stimulus? It's hard to say now. Either way, you'll want to be prepared in case a bear market comes around. The new administration brings new uncertainty. The market could keep moving apace, growing more and more bullish, but it's no guarantee. Now is an ideal time to learn Rob's strategies for a bear market, if you haven't. For just $5, you can grab his four hour class on his top 3 strategies for a bear market and so much more. [Learn more here]( Bitcoin and Tesla in a Bubble? Some analysts are concerned that Bitcoin and Tesla, the two fastest-growing tradable assets of the last year, are in bubbles that are about to burst. What could cause that disruption? [We covered it in this article]( Look Out for This Tonight! Our friend Tom Busby will be hosting his midweek market update tonight, as he does almost every Wednesday night! He'll be talking about the market, his views on the rest of the week ahead, and some money making ideas for the next few days! We'll send you a link tonight around 8:00 PM ET when it's time! Keep your eyes peeled! Folks keep asking for more info on candlesticks! Here's one simple chart pattern that every trader should be familiar with. And you may have heard of it before, but that's quite alright: study these things until you know them by heart! I'm talking about the head and shoulders pattern. A head and shoulders pattern is an indication of a reversal. It's when you see candles form a shoulder, then a higher head, and then a second shoulder. Let me show you what I mean. And since we're talking about Bitcoin this issue, I found one on Bitcoin earlier this year. And you can see that as soon as you hit that second shoulder, you see a significant dropoff. It can happen in the reverse, too! (Although I guess it's the head and shoulders of someone who is upside down, in that case!) Of course, like any pattern, it's not a 100% perfect predictor of what's to come, but it is pretty reliable, and pretty easily recognizable. I hope that helps you as you continue to study charts. I'm hearing from a lot of people who loved my chart class last week. Maybe I'll try to throw one together one night this week. Keep your eyes peeled for that and I'll send out updates if we can do it! Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. You may lose more than you invest. We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. The information on this website is intended as educational in nature and we do not recommend that you buy or sell any specific financial instrument.   Daily Profit Publishing , 1800 Hughes Landing Blvd. Ste. 200, The Woodlands, TX 77380, United States [Update your subscription]( â [Unsubscribe](
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