On Thursday, President Biden signed the American Rescue Plan Act… a $1.9 trillion stimulus package to help the country recover from the pandemic-induced economic crisis.
The legislation was a shot in arm for the market, with the S&P 500 hitting an all-time high following the news of its passage. But that rally didn’t end with the stock market… Bitcoin and other altcoins also shot up this week, too.
So while the markets may be moving in the right direction, our advice at PBRG remains the same: Continue to buy high-quality stocks and diversify into alternative assets like bitcoin. That will set you up for any future good news.
In the meantime, make sure you implement risk management strategies like stop losses and position sizing to protect your portfolio from an eventual pullback, and be sure to read up on our latest ideas. They’ll show you how to profit no matter which way the market goes…
|
|
|
|
|
Regards,
Chaka Ferguson
Editorial Director, Palm Beach Daily
P.S. Like I said, timing a market rise in these conditions can be a fool’s errand. But on Thursday, March 18, at 8 p.m., longtime PBRG friend Jeff Brown will explain how you can actually “time” the rise of a small sector of tech stocks.
He calls them “Timed Stocks” because they have a “timer” attached to their share price. And when that timer ticks down to zero… these stocks can skyrocket hundreds or thousands of percent.
Jeff says these timed stocks are heading into a “final countdown” phase… meaning their profits are getting bigger and coming faster than ever before. Plus, during his special event, he’ll reveal his No. 1 timed stock for free – to everyone who attends.