It’s finally here.
And while I don’t want to be accused of doubting “Our Democracy,” I can’t help but think of Bill the Butcher screaming “it’s election day!” in Gangs of New York.
The truth is that none of us know exactly what is going to happen today and what the results will be tomorrow.
In fact, we probably won’t know the results tomorrow. There will be lawsuits, accusations of foul play, and outrageous rhetoric coming from both sides.
What’s the best way we should approach this as investors? Stay clear. It’s part of the trading environment but not something that you should be personally attached to.
This doesn’t mean that you shouldn’t vote or work for your beliefs. It’s a free country. However, the essence of trading is seeing the world as it is rather than as we’d like it to be.
If I support Tesla but don’t see the Biden Administration being particularly favorable towards the company, that has to be factored into my calculations. I can’t just pretend that I live in a different reality.
When we view the environment this way, chaos becomes opportunity.
The TRADECOMMMAND system is a weapon to overcome the fog of war. The essence of the battlefield is chaos and confusion. That is both good and necessary. If the right moves were obvious to everyone, there would be no opportunity for us to make gains.
We win because we can cut through the nonsense and deception.
We don’t pretend the world is other than it is.
We approach the trading environment with one goal – victory.
And we are a team. This is something I need to stress with TRADECOMMAND – you will learn how to use the system on your own, but you are never on your own.
To stick with the battlefield metaphor, it’s like joining an elite detachment on a vital mission.
Most retail traders over the last year, misled by the unique environment of 2020, have been rushing the guns and being mowed down. The terrain has changed. We have to operate differently, and we have the tool to do it.
Chaotic environments like today (and, let’s face it, probably the next week), will be our chance to prove it.
Let’s get what’s ours
Keep Moving,
THE OFFENSIVE is already underway.
WORD ON THE STREET
Elon’s Electioneering, Crisis Of Confidence, GS Joins Optimists
- Not A Buyer’s OR Seller’s Market – Fannie Mae reports truly ruinous figures for the American housing market from October. Just 51% of people think now is a good time to sell a home – down from 59% in September. If you think that’s bad, a record low 16% think now is a good time to buy. In a two point increase from September, 37% of respondents to the Fannie Mae survey think home prices will drop over the next year.
-
The Coveted TecnoKing Endorsement – Having thrown Twitter into chaos (and with TSLA stock plummeting), Elon Musk is now moving into endorsements. On HIS platform, Musk endorsed the GOP in today’s elections because he wants “shared power.” In fairness, markets traditionally respond favorably to divided government – it makes it harder for Washington to screw everything up.
-
♫ Send Lawyers, Guns, And Money ♫ – Dad get me out of this. John Tyson, CFO of Tyson Foods and great-grandson of founder John W. Tyson, was arrested after he fell asleep… in the wrong house. He was allegedly intoxicated. He’s also the son of chairman John H. Tyson. The company said it was a “personal matter.”
-
Good News From Goldman Sachs – While many banks and analysts are predicting doom and recession, Goldman Sachs (GS) is presenting a case for optimism. It told clients that while there is a 35% chance of a recession in the next year, economic growth “has already occurred, and it looks durable.” It’s quite a contrast from what a Bloomberg Economics model predicted for the next year – 100% chance of a recession.
THIS TRADER MADE $64,000 IN JUST ONE WEEK
And he never risked more than $10,000 at a time…
HOT SPOTS: What’s Going on in Geopolitics
- Algeria Wants To Join BRICS – The BRICS bloc, perceived as a rival to the West’s G-7, may be growing by one. Algeria has applied to join the economic bloc. The five key members are Brazil, Russia, India, China, and South Africa. Argentina and Iran have also applied for membership, and other countries in the Muslim world have expressed interest.
-
Trump Promises Big Announcement After Midterms – Former president Donald Trump boosted GOP candidate J.D. Vance at an election eve rally in Ohio. ’45 stopped short of declaring another bid for the White House, saying he wanted to focus on current elections. However, he’s been teasing a “very big announcement” on November 15 – and it’s widely expected that it’s his official announcement for a comeback.
-
Battle For Kherson About To Begin – Russian forces have moved civilians out of the critical southern city of Kherson in what Ukraine is calling a war crime. Though Russia has left open the option of evacuating the city, reports indicate that Russian forces are instead fortifying civilian buildings. The critical city is the focus of a looming Ukrainian counteroffensive that will probably be the biggest battle of the war.
CUTTING EDGE: What‘s Happening In Tech
- DOJ Snags Almost $3.4 Billion In Crypto – The Department of Justice has confiscated $3.36 billion in bitcoin from a man who obtained it via the infamous “Silk Road” market. James Zhong pled guilty to wire fraud. The bitcoin was hidden, with some on a single-board computer in a popcorn tin and others stored in an underground floor safe. But the Feds got their man – and the money.
-
Lab-Grown Blood Used For First Time Ever – We have test tube babies, now we have test tube blood. Red blood cells grown in a lab were given to two people in a clinical trial in the United Kingdom. It’s the first trial of its kind, and so far there have been no side effects.
-
It’s A Sign! – If this was classical history, you know the writers of the time would be calling it portentous. On Election Day morning, there was a total lunar eclipse – the last the world will see for three years. The moon appeared blood red as the eclipse began.
FOR YOUR CONSIDERATION
“You cannot make money in a market like this without a proven system and a strict plan. Bear markets are unforgiving. Sloppy trading in this environment will leave you penniless.”
Discipline.
It’s not about opinions, or hot takes, or counterintuitive predictions. All that is cheap. What you need is a proven system… backed up by results.
Chris Hood explains why successful traders don’t predict… they respond to price action. And you check your “opinions” at the door.
Enjoying Dawn Report? Learn something, made some money?
SHARE YOUR STORY WITH US OR TELL US HOW TO SERVE YOU BETTER.
Let us know at info@rogueinvesting.com
