Trading Plan – Tuesday 1st September 2020: US equities have best August in 30 years

Mark NugentSept 2020, Trading Plan

Trading Plan – Tuesday 1st September 2020: US equities have best August in 30 years

Well, another August comes to an end. US equity indices post their best performance in 30 years and the S&P500 and Nasdaq making new all-time highs.

Trumps polling numbers are improving. It turns out that your average American has concerns about unalloyed socialism and endless lawlessness. Who knew? It is not a political observation to say that the markets prefer Trump over Biden. It’s just a fact.

Last week I closed my S&P500 long on Friday night for a gain of 4.7%. The video is in the members area under the “Trades” tab.

Risk sentiment is currently indecisive. In the member’s video I go through the current situation in the markets and detail what I will be looking at this week.

I’ll be back tomorrow with your mid-week Daily Alert.

Have a great day.

VIP Club members can watch the video HERE