#213: How Will the Election Affect the Market?
Listen now
Description
This week, Mike and Emmet discuss the effect the upcoming presidential election will have on the market. Emmet dives deep into the data to uncover past learnings and trends, and how the market reacts depending on who's in power. We also delve into the rise of penny stocks. With 7 of the top 10 most traded stocks by volume last month trading at less than $1 a share, speculating on highly volatile names has never been more prevalent. Big News! We are thrilled to announce a significant update to our pricing: both Horizon and Nexus, our two premium investment services, will be available with new monthly pricing options! Access our limited-time launch pricing here - https://mywallst.com/horizon-monthly-launch-discount/ This episode is sponsored by Vodafone Business. This week, Vodafone Business Ireland launches its new partnership with RingCentral, one of the leading providers of Cloud-based unified communications for remote and hybrid teams. If youโ€™re a business owner in need of UCAS tools, Vodafone Business UC with RingCentral is here to help. Learn more: https://n.vodafone.ie/business/communications.html?c_id=the-stock-club&c_name=the-stock-club&c_source=podcast&c_medium=referral Become a successful investor by checking out all the content MyWallSt has to offer: ๐Ÿ“š Learn the fundamentals of investing by downloading our free Learn app: https://bit.ly/3DXPOz7 ๐Ÿ’ป Keep updated on stock market news by visiting our blog: https://mywallst.com/blog/ ๐ŸŽง Tune in to our podcast Stock Club to stay updated on weekly news: https://mywallst.com/stock-investment-podcast/ ๐ŸŽ‰ Follow MyWallSt on social: ๐Ÿฆ Twitter: @MyWallStHQ ๐Ÿ’ƒ TikTok: @MyWallSt ๐Ÿ“ธ Instagram: @MyWallSt ๐Ÿ–ฅ๏ธ Facebook: @MyWallSt ๐Ÿ‘” LinkedIn: MyWallSt 4:46 Keith Gill, AKA, Roaring Kitty, reveals the extent of his Gamestop position 8:12 How will the presidential election affect the market? 25:03 The rise of penny stocks 34:41 Berkshire falls 99.9% 37:17 Spotify Increases Prices Again Hosted on Acast. See acast.com/privacy for more information.
More Episodes
This week, Emmet delves into the fascinating history of Nintendo, exploring its origins as a playing card company in 1889 and its transformation through various innovative and sometimes unconventional business ventures. Learn how Nintendo deployed the Blue Ocean Strategy to achieve success...
Published 11/21/24
Mike and Emmet reflect on the United Statesโ€™ recent election and the joyous reaction from the market. Oil, Crypto, and financial stocks all jumped on news Donald Trump would be returning to the White House, while solar and environmental stocks plunged. However, First Solar may dodge the sell-off...
Published 11/14/24
Published 11/14/24