The Get Irked Week in ReviewEpisode 12 – November 5-9, 2018
In the markets:• We’re up, we’re down, we’re all around. The markets wavered a bit heading into the midterm elections before experiencing a significant pop after the Democrats took the house, ensuring gridlock and predictability (two great tastes that taste great together) for the markets. Unfortunately, the end of the week saw more fears of China and a slowing U.S. economy tear into the markets on Friday. We still finished the week up, though. Activision-Blizzard (ATVI) reported a bad earnings outlook causing all the e-sports related stocks to see downward action, even market darling Take Two Interactive (TTWO). Buying opportunity?
Getting Started – Tools & Resources:• In honor of the midterm elections, we investigated what to do after an election including why markets go up (and down) depending on who wins and why.
Trades in Play:• Since this week saw strong upward and downward moves, this week’s Trades in Play is an interesting mix of buys and sells, sometimes even on the same day. Stay tuned to see what went down when a more detailed Trades in Play releases later this weekend.
Disclaimer: Eric "Irk" Jacobson and all other Get Irked contributors are not investment or financial advisers. All strategies, trading ideas, and other information presented comes from non-professional, amateur investors and traders sharing techniques and ideas for general information purposes.
As always, all individuals should consult their financial advisers to determine if an investing idea is right for them. All investing comes with levels of risk with some ideas and strategies carrying more risk than others.
As an individual investor, you are accountable for assessing all risk to determine if the strategy or idea fits with your investment style. All information on Get Irked is presented for educational and informational purposes only.