MDM has switched to a BUY signal.
Trump has pledged an orderly transition after Congress certified Biden's victory earlier today.
Democrats will achieve a 50-50 split and take control of the US Senate once Kamala Harris, who can break ties in the chamber, is sworn in as vice-president on 20 January.
A government led by Democrats will likely create even larger stimulus packages which is bullish for stocks, bonds, hard assets, precious metals, real estate, and of course bitcoin, ethereum, and the alt coins.
Suggested ETFs (Note: Many members buy the standard ETFs or their preferred ETFs. This list serves as a guide as to which ETFs we think may outperform, but the key point is to be on the right side of the market regardless of which ETF or ETFs one chooses.)
SPY (S&P 500)
SSO (S&P 500)
UPRO (S&P 500)
TECL (Direxion Trust Technology)
NOTE: This is a suggested list. Investors may wish to become acquainted with the full range of available ETFs, and should make an effort to understand how these ETFs are created and what their components are, as well as being aware of the downside risks involved, especially with leveraged ETFs. Certain ETFs may be more appropriate depending on one's risk tolerance levels. Typing in keyword 'ETF' into the FAQ keyword search bar or going here https://www.virtueofselfishinvesting.com/faqs/search?p=1&q=etf and visiting this site https://etfdb.com/ can be instructive.