President Biden Is Officially In Charge, Where Do We Go From Here?

seal president of the united states, official crest, america

Good morning!

As we stated yesterday, we started the new term with President Joe Biden. President Biden started off with a bang preparing to sign 10 executive orders, a new Covid plan, and also reversing some orders put into place by past President Donald Trump.

The market enjoyed this news as we saw the DOW rise more then 250 points yesterday. This is a good sign that the market is welcoming the new administration and is liking what they see. President Biden has a strong plan set to go into effect to help stop the continued spread of the virus, which will help with the opening of businesses and schools across the country. One of President Biden’s bold plans is to vaccinate 100 million Americans within 100 days. He is putting a mandate for requiring masks, and strict rules for anyone coming into America.

AAPL- Continues to make its run into ER as we are now less then a week away. We are currently holding a position going into ER, and will scale out and use only profit on the play. We are also continuing to add to our Jan-2022 play which is now up over 10% is less then a week and plenty more to come. These alerts have been posted in our Premium chats. PT continues to stay at $200.

TSLA- Had some quiet news come out over night with a Model 3 exploding in Shanghai, but this was after the car was in a accident. While that doesn’t solve the problem it does continue to show the concern on batteries after they have been in a accident. We continue to trade TSLA and we are watching for a continued move upwards this year under Biden’s green approach to the county. PT continues to stay at $1,000.

DIS- Gained some steam yesterday as NFLX showed huge growth in their membership. There is no doubt this Covid virus is causing more people to stay home and when you’re home you are glued to the T.V. All streaming services have excelled during this time and I can see DIS doing the same when they report. DIS earning is 2/11 so we are just about at the point of building a new play around this stock to benefit from the ER.

AAPL- Top Targets 135.54, 136.50 Bottom Targets 132.79, 131.24
TSLA- Top Targets 862.12, 871.63 Bottom Targets 850.02, 844.16
SPY- Top Targets 385.29, 387.02 Bottom Targets 383.51, 381.69

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