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Contrarians Win Again! Economic Boom Just Getting Started – Nick Santiago

Financial Survival Network, Released on 6/5/20

1. Bullish job report:

May Nonfarm Payrolls +2.51 million vs -8.5 million
May Nonfarm Private Payrolls +3.09 million vs -8.8 million
May Unemployment Rate 13.3% vs 19.9%

Largest monthly job gain in history. Is the Plandemic over?

2. A look at current trades and trades past. Nick closed out an option on Tyson Foods. Nick bought it during the panic over a potential food shortage. Up 52% in just a couple of weeks.

3. Be long or be wrong. $6 trillion stimulus is going to jump start the economy. More on the way!

4. Trading success without a college degree. Nick spends 12 hours per day on his market research and trades. You need a strategy that works, stay educated and keep studying. The trend is your friend except at the end. When it’s ending it will give you signals.

5. Gold and silver pulling back. The chart pattern is forming. They have more to go. The pattern will tell us when the pattern is right to re-enter. The trend is up. In August 2019 we saw a big surge and then 4-5 months of sideways action.

Nicholas Santiago started trading in 1991. In 1997, he became a licensed Series 7 and 63 registered representative. He successfully managed money for a large, affluent private client group. Nick is an expert in Technical Analysis. He is a highly regarded and accomplished technician in the studies of Elliot Wave, Gann Theory, Dow Theory and Cycle Theory. After applying his knowledge to his client base and meeting his personal monetary goals, he decided it was time to begin teaching those interested in learning his trading and investing methodology. In 2007, he partnered with Gareth Soloway to form InTheMoneyStocks.com and realize his dream of educating others about the truth of the markets. He now co-heads the education department at InTheMoneyStocks and enlightens thousands of members, along with providing consulting services to hedge funds and institutions.

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