We’re at a weird crux in the cycle of the markets…
We’re sitting on the edge of what could either be the continued bullish run that we’ve seen take place over the past decade – or things could very well take a bearish turn.
The truth is – there are way too many factors flying around to allow experts (including your very own Gorilla) to accurately predict just where the market is heading.
Up? Down? Who knows?!
What we do know is there are STILL plenty of opportunities to make money, the question is…
Will it be enough?
As I just mentioned – there is a LOT going on in the markets…
So much so, that it’s playing HAVOC with almost any kind of system (save GorillaTrades, of course) – making it difficult for almost everybody to come up with a winning trading strategy that seems to have any real predictability to it.
Think about it…
We’ve got a LOT going on.
Right now, we’re dealing with the COVID stimulus negotiations going on between the Executive and Legislative branches of government…
While the rumors of a vaccine coming could push some much-needed enthusiasm into the buying public.
However…
Keep in mind that this is ALL happening during a presidential election where the two candidates couldn’t be more diametrically opposed when it comes to their views on the economy and what makes it flow…
AND…
We’re also about to enter into earnings season.
That’s why everything seems to be so chaotic right now…
And will be for at LEAST the next month – if not taking us into the New Year.
It’s why so many OTHER trading systems are having a hard time finding winning recommendations – there is just too much outside influence messing with their matrix.
Again, luckily, GorillaTrades doesn’t have that problem – as these sorts of issues have VERY little bearing on what we put out to our subscribers…
That’s what happens when your system is based upon numbers and hard data – rather than speculation. (You can learn more about how the GorillaTrades system works https://www.gorillatrades.com/home)
However…
Even though people are having a rough time figuring out how to predict where this market will go – the fact remains – that there are plenty of money-makers still ready and raring to go for investors who dig a little deeper.
For example…
Last week I wrote a piece about Amazon (AMZN) and how it seems there really is no stopping this company’s growth – the business model is just too good…
So good, in fact, that it’s disruptive to the retail market as a whole – as Amazon makes shopping easy – which is why your favorite Gorilla believes that what we see now with Amazon is just the beginning.
Because, looking at the cup and handle pattern of the stock – that piece we wrote looks to be more and more true by the day.
Its weekly chart shows a handle of $3,496.34 – which is more than $200 from where it’s trading at now…
And even though it will take some time for this to show up on the daily chart – the fact remains – Amazon is a STRONG contender to make investors money.
Another strong contender?
Shopify (SHOP)…
This cloud-based platform that helps small- to medium-sized businesses have a strong online presence is KILLING it right now…
And looking at both their daily and weekly charts – the stock is offering a new buy point of $1130.10 – which is close to the price it’s sitting at right now…
And here’s the kicker…
Its earnings reports come out next week.
That’s why I say…
Even in the midst of all this chaos – all this conjecture – and all this panic by some of the other companies trying to figure this all out…
There are still PLENTY of opportunities out there.
One simply has to look for them.
Hopefully, you’ll be one of those investors who goes the extra mile…
Or at least turns to GorillaTrades so we can go that extra mile for you! (Click https://www.gorillatrades.com/home if you want to see how it works)
Either way…
We’re on the cusp of something DEFINITIVELY happening in the markets – and it’s hard not to see that as a little bit exciting.
“Chaos was the law of nature; Order was the dream of man.” – Henry Adams
