Retail Traders Bet Against The Billionaires & Forced A Failing Stock To Surge By 400%,
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The Elections, a Pandemic and the President. How Will the Nasdaq React?
Last week was crazy and shocking for both United States politics and the Nasdaq.
While I usually like to stay away from politics, we might have to touch on it for once: The Nasdaq is being affected from the news of the coronavirus infiltrating the White House.
The president and the first lady have been diagnosed with COVID-19… Republican National Committee chair Ronna McDaniel also just tested positive for COVID-19 and probably everyone who has been in close contact with the president is getting tested… and many are getting positive results.
U.S. Federal Judge Amy Coney Barrett was shaking hands with Donald Trump just days ago…. And she’s been in contact with Senate Majority Leader Mitch McConnell of Kentucky…
Word — and the virus — is spreading fast… and Wall Street will react.
But how will you react when volatility comes rushing in, along with the presidential election looming around the corner?
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