Free Report: The Top 5 Stocks That Could Run on the "Second Wave" Pandemic

Why I Expect A Big Move In The Next Few Days... [View Online]()|[Unsubscribe]( [Street Authority Daily] -[]Recommended Link Sponsored Content [Free Report: The Top 5 Stocks That Could Run on the "Second Wave" Pandemic]( The pandemic is a "humanitarian disaster," as noted by CNN. And there's no slowdown in sight, with the virus only getting worse. Meanwhile, health officials are warning of new lockdowns, which is creating big opportunity for several stocks. In fact, here are the top 5 hot stocks to buy and hold immediately for potential double digit returns. [Report Here]( December 23, 2020 Why I Expect A Big Move In The Next Few Days... By Amber Hestla [Amber Hestla] Last week, I noted in [this article]( that SPDR S&P 500 ETF (NYSE: SPY) pulled back to a sustainable trendline. Because of that, I expressed some cautious optimism about the market over the coming weeks. The chart below uses a blue rectangle to highlight the market action since then. -[]Recommended Link [How To Find True Financial Security In Scary Times]( It's getting scary out there…especially for investors. But one small move you make now, could have you sitting on as much as $23,800 this year. Maybe more. The company I'd like to show allows you to siphon profits from some of the world's wealthiest corporations without owning a single share of their bloated stocks. [Click here for the full story.]( As I noted, the initial rally off the October low was steep. In general, steep rallies are unsustainable because the underlying fundamentals don't change rapidly. The next three trendlines shown above are predefined based on the slope of the first line. They are related to each other with [Fibonacci ratios](, which are useful in market analysis solely because they are widely followed. Traders at many large funds are aware of them because other traders are aware, which explains why Fibonacci ratios should be considered in analysis. So far, this pullback held the sustainable trendline. That means we are now at a critical level at a critical time. Looking Ahead As I write this, it looks like Congress will approve a spending and stimulus bill. I'm warning you this will sound meaningless, but the market could move either way after details of the stimulus bill are announced. That's important because the move is likely to be big. The bearish case is based on history. Traders often "sell the news," meaning they buy in anticipation of an announcement and sell when the news is released. This idea dates back to at least the Napoleonic wars in Europe. The bullish case for the market is based on the fact this bill will provide economic stimulus. At $900 billion, the stimulus represents more than 4% of GDP. That should boost consumer and business spending and has the potential to move stocks higher. So, it's reasonable to expect a big move in the market after the stimulus is finalized. My indicators tell me the move is likely to be up. The Profit Amplifier Momentum (PAM) indicator for SPY is shown at the bottom of the next chart. Action To Take PAM is specifically designed to change from bearish to bullish slowly. This reduces whipsaw signals, which are quickly reversed. It focuses on the longer-term trend. This means it is unlikely to turn exactly at a top or bottom but is likely to be on the right side of significant trends. PAM is slightly bullish and has been for the past three weeks. The pattern in PAM is similar to the pattern seen at the beginning when a narrow range in the indicator was followed by a large move in the stock market. At the time the bear market began, PAM was slightly bearish. Just like last week, the weight of the evidence remains bullish for the stock market, but risks remain relatively high. A downside break will drive a change in my opinion because I believe it's important to adapt to the market action as it unfolds. That's why rather than simply sitting on the stocks in my portfolio, I will rely on a strategy that allows us to get paid immediately... What does that mean? Well, it all has to do with a little-known tactic that's been used by elites to generate income while doing little to no work at all... Want the details? [Go here now to learn more...]( -[]Recommended Link [Global Ban of 5G Giant Opens Door for $5 Gem to Soar 2,247%]( [Global Ban of 5G Giant Opens Door for $5 Gem to Soar 2,247%]( Shockwaves were sent around the globe when the world's biggest 5G vendor was banned in America. Since then, dozens of countries have followed suit... leaving wireless companies scrambling to complete their 5G rollout. Many are flooding [one obscure company]( with as much as $90 billion in new business. Make the right moves on this $5 stock today and you could see gains of 2,247% in the next 12 months. [Get the details here.]( To ensure that you receive these emails, [please add us to your address book.]( Disclosure: StreetAuthority doesn't own shares of any securities mentioned in this article. Members of our staff are restricted from buying or selling any securities for three days after being featured in our advisories or on our website. StreetAuthority is a publisher of financial news and opinions. StreetAuthority is not a securities broker/dealer or an investment advisor and we do not recommend or endorse any brokers, dealers or investment advisors. This work is based on SEC filings, current events, interviews, corporate press releases and publicly available information which may contain errors. All information contained in our newsletters and/or on our website(s) should be independently verified with the companies or sources mentioned. You are responsible for your own investment decisions and should always conduct your own research and due diligence and consider obtaining professional advice before making any investment decision. This message was sent by an automated message delivery platform. Please do not reply to this email address. Any messages sent to this address will be automatically deleted. We sincerely hope that you benefit from your subscription to this complimentary newsletter, and we're willing to do whatever it takes to keep you as a satisfied subscriber. You may contact our customer service department by [visiting this link](. To update your subscription or unsubscribe, please [click here](. Copyright (c) 2020 StreetAuthority, 7600A Leesburg Pike, Suite 300 Falls Church, VA 22043. All rights reserved. Any reproduction, copying, or redistribution, in whole or in part, is prohibited. [Terms]( | [Privacy]( | [Unsubscribe](