Everything Is In Flux – Nick Santiago

Financial Survival Network, Released on 1/11/21

1. Markets are pulling back this morning after a turbulent weekend of geopolitical events. Obviously, Twitter (TWTR) and Facebook (FB) are the two stocks under some pressure today after banning President Trump and countless conservative voices from their platforms. Amazon Web Services also removed conservative app Parler from its servers. This is really unbelievable to see things like this happen in the United States. Who will be next?

2. Options ex for January is this Friday, so let the games begin. You need to play volatility and fear. People will be looking to hedge going forward. Unprecedented geopolitical turmoil. Our tech overlords are cracking down on the right. And it’s a non-event and there goes free speech.

3. Gold/Silver took a huge hit Friday. Just part of the pattern for its eventual breakout, more backing and filling.

Full disclosure by Nick: I own put options in TWTR

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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