This Week’s Big Headlines Could Lead to Huge Opportunities Next Week

The latter part of this week saw some big market moving events, including the shots fired from the Trump administration about Hong Kong politician Kerri Lam, the social media platform TikTok, and some potential new requirements for Chinese stocks trading on U.S. exchanges.

In today’s market update video, I’ll review each of these events and analyze the effect that they’ve had on stocks with a large exposure to China.

I’ve got some new recommendations on legacy stock plays – including two Chinese companies – that you should consider adding to your portfolio on pullbacks.

I’ll also give you an analysis of what’s been going on in the broader markets. The battle between the headline risk – primarily regarding COVID-19 and U.S./China saber-rattling- pushing markets down and all of the stimulus money trying to lift the market up rages on.

The market made a strong move up to a resistance line that I drew for you in last week’s market update video. Assuming we can break above that level, I’ll let you know why next week has the potential for another strong move up.

And finally, we’ll take a look at something that a lot of traders and investors have been keeping their eye on lately – the parabolic movement of gold and silver prices. I’ll give you my best advice for how to trade and profit from these extreme movements.

Click below to watch…


Microsoft’s Bid for TikTok is About Much More Than It Seems

The original Cold War between the United States and the Soviet Union was fought through deploying military assets in strategic locations, manipulating trade, and even sponsoring coups.

Today’s New Cold War between the U.S. and China has opened a new front: Social media.

For months now, the quickly growing Chinese-owned TikTok social media app has been criticized in the U.S.

Security experts have found it sends highly personal information back to Chinese servers for no apparent reason.

The Department of Defense and all four branches of the military even banned it from the phones of military personnel.

Last week, things escalated even further when President Trump declared he would ban the app completely in the U.S.

From a security standpoint, that’s probably not a bad idea. But TikTok’s more than 50 million daily active users in America were less than thrilled.

Suddenly, into the middle of this tech Cold War came Microsoft Corp.’s (MSFT) CEO, Satya Nadella. Over the weekend, he announced his company was looking to buy TikTok’s U.S. division.

After a conversation with Nadella, President Trump said he was open to the idea and set a deadline: September 15.

Unfortunately, a deal acceptable to everyone is not going to be easy to find.

And in the meantime, the whole TikTok affair has revealed Microsoft’s biggest weakness


View this page online: https://straightupprofits.com/2020/08/microsofts-bid-for-tiktok-is-about-much-more-than-it-seems/