Right now, seeing what’s going on in the market can make your head spin, but don’t’ worry, because it’s nothing that Strategic Tech Investor can’t handle.
Whenever I can, I like to point out just how important it is to avoid getting swept up in the big media hype that can push the market back and forth on temporary headlines. In fact, it’s my second rule of tech investing, “separate the signal from the noise.”
And wow, is that rule ever coming in handy right now, because we’re seeing headlines coming out now that could push the market any which way.
Let’s start with some good news. So far, three companies, Pfizer Inc. (PFE), Moderna Inc. (MRNA), and AstraZeneca PLC (AZN), have all announced this month that their COVID-19 vaccine candidates are demonstrating 90% efficacy rates in testing. However, it’s still unclear how long it will be until an effective vaccine is widely publicly available.
Not only that, but we are currently in a period of limbo between the Trump and Biden administrations, and the question of a new stimulus package isn’t settled.
We’re also seeing that state-level officials, like Governors Larry Hogan of Maryland and Kim Reynolds of Iowa, have announced new restrictions, with the possibility of more on the way.
With so much news, positive and negative, flooding onto the airwaves, it’s impossible to say for sure what will happen next. Luckily for us, it’s not going to matter.
This election is coming down to the wire, and right now, it could go either way. I wanted to take a break from keeping an eye on results as they continue to roll in to let you all know that, no matter how things shake out, there will be ways to play the outcome to make market-crushing profits.
Joseph Papa was hired to turn Bausch Health Cos. Inc. (BHC) around. Instead, he is breaking it up. But he’s not crazy. He’s caught on to the fact that bigger isn’t always better.
You see, Bausch Health Cos. Inc. (BHC) and its subsidiary, Bausch + Lomb eye care, are two great companies, but together, they aren’t exactly chocolate and peanut butter.
Papa has realized that the only thing worse than no partnership at all is a bad partnership, so he’s letting Bausch + Lomb become its own $3.1 billion business.
This means that both companies will be free to focus on their own business models, their own specialized products, and their own target markets. It’s a move that’s going to create billions in new shareholder value.
And while I applaud the move, I think that there’s a better way to cash in on corporate spinoffs like this one.
For the past week, I’ve been telling you about a special new research project that I’ve been working on. It’s all about one of the best performing asset classes in history, one that’s turned broke college students into millionaires and has the potential to turn its next wave of big investors into billionaires.
It’s an asset that has grown almost 460,000,000% in less than a decade.
I’m talking about Bitcoin.
But all that growth, all the wealth it’s created since its inception in 2009 could pale in comparison to what I see coming for 2020.
I believe that this revolutionary asset is poised to create overwhelming gains again.
Editor's Note: These past few weeks, I've been updating you on a special research project that I've been working on. Well, now, my research is finished and it was well worth the effort. I've pinpointed a tiny company, currently trading for...