Platinum Growth Club Weekly Update (10/30/20)
Your Weekly Updates are now available online! Your Weekly Updates Oct 30, 2020 Dear Savio, The stock market took a tumble today, as traders rushed to clean out their inventory before the weekend. At one point, the Dow and S&P 500 slipped more than 2%, while NASDAQ dipped more than 3% as mixed earnings results from Facebook, Amazon, Apple and Google weighed on the tech-heavy index, before rebounding strongly into the close. I know the recent stock market gyrations are difficult to stomach, but the reality is there’s a lot of scary news that’s causing investors to run to the sidelines. We have the presidential election just a few days away, reinstated coronavirus restrictions in Europe following the record rise in coronavirus cases over the past week, and all the talking media heads telling viewers what to think. However, I look for that fear to ebb and the clouds to clear as early as Wednesday follow...