Need Help?  

1-888-998-3548 or 646-214-7240

How to Trade the Fiscal Cliff - with a Mentor!

John Darsie and Pete Renzulli
Nov 30, 2012, 6:31 PM

We have now closed the book on November, a volatile month that presented both opportunity and risk in healthy quantities. After the re-election of President Barack Obama, the market headlines began to focus heavily on the looming "fiscal cliff."

 

Click here to sign up for a free, no obligation 5-day trial in December to any of our Private Mentoring Rooms.


First, what is the fiscal cliff? It refers to $600 billion worth of tax cuts and spending programs that are set to expire at the end of 2012. The belief is that with higher taxes and less spending to stimulate our still-fragile economy, we will slump back into recession. Going over the fiscal cliff would not necessarily trigger financial Armageddon immediately, but it would weigh on what has been a slow economic recovery over the last several years.

 

Republicans and Democrats disagree fundamentally on how to address the situation. President Barack Obama and the Democrats want to bridge the gap by extending middle class tax cuts but letting taxes go up for Americans making $250,000 or more. Republicans want to renew all of the tax cuts and cut government spending programs. Both parties have dug in their heels for a long and contentious negotiation that is expected to go right down to the January 1st deadline.

 

Investors have been hearing all about the fiscal cliff, but many are probably asking, "how will this affect my portfolio?" In the two weeks following President Obama's re-election, the market showed extreme anxiety over the issue and sold off sharply. Even up through early this week, any pessimistic comments from Washington have been set with selling in the market.

 

The potent market reversal we saw on November 16th came after the first indications that Republicans and Democrats may be capable of compromise after all. Senate Majority Leader Harry Reid made positive comments about the initial negotiations, and investors bought stock in droves. In the past several days, we have seen the market absorb some pessimistic comments well, suggesting perhaps an underlying confidence that a deal will get done.

 

We still stand on very shaky ground, though. As traders, we are going to have to wrestle with the fiscal cliff headlines throughout the month of December.

 

Heading into such an important month, we want to give all of you the chance to gain access to our team of professional trading mentors - FOR FREE! That's right, because we believe there will be copious amounts of both risk and opportunity in December, we want to make sure you have the opportunity to get hands-on mentoring from professional traders who will be actively navigating the market with you.

 

Click here to sign up for a free, no obligation 5-day trial in December to any of our Private Mentoring Rooms.

 

We hope to see you in one of our mentoring rooms this month!

Last Updated ( Friday, 30 November 2012 23:04 )
Banner
Banner
© 2012 T3 Live, LLC
  1. T3 LIVE, LLC is NOT a Broker Dealer. T3 LIVE, LLC engages in trader education and training. T3 LIVE, LLC offers a number of products and services, both electronically (over the internet through T3LIVE.com) and in person. Through T3 TV, an online video network that is available through T3LIVE.com, T3 LIVE, LLC provides LIVE pre/post market and stock analysis. Through T3LIVE.com, T3 LIVE, LLC offers the "Virtual Trading Floor", a community through which independent traders (subscribers), as well as select T3 Trading Group, LLC Traders, observe a virtual trading floor environment (as described below) for educational purposes. T3 LIVE, LLC also offers web-based, interactive training courses on demand.
  2. Subscribers are able to see if traders are long or short and what symbols as part of best practices in regards to disclosure. Subscribers do not see trader' screens, trades or size of positions. T3 requires traders to disclose whether they are long or short and which stocks they are trading to ensure that the community is fully informed and that traders substantiate their opinions. This approach is modeled after the analyst disclosures that accompany commentary on particular stocks on CNBC or other financial news media (as per FINRA Rules 2210 and 2711).
  3. The seminars given by T3 LIVE, LLC are for educational purposes only. This information neither is, nor should be construed, as an offer, or a solicitation of an offer, to buy or sell securities. You shall be fully responsible for any investment decisions you make, and such decisions will be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance, and liquidity needs.
  4. This material is being provided to you for educational purposes only. No information presented constitutes a recommendation by T3 LIVE, LLC or its affiliates to buy, sell or hold any security, financial product or instrument discussed therein or to engage in any specific investment strategy. The content neither is, nor should be construed as, an offer, or a solicitation of an offer, to buy, sell, or hold any securities. You are fully responsible for any investment decisions you make. Such decisions should be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance and liquidity needs.
  5. The videos and blogs shown on T3 LIVE, LLC are for informational purposes only. The investment ideas and expressions of opinion may contain forward looking statements and should not be viewed as recommendations, personal investment advice or considered an offer to buy or sell securities. T3 LIVE, LLC statements and opinions are subject to change without notice and should be considered only as part of a diversified portfolio.
  6. T3 LIVE, LLC and T3 Trading Group, LLC are separate, but affiliated companies.
  7. T3 Trading Group, LLC is a Registered SEC Broker-Dealer and Member of the CBOE Stock Exchange (CBSX www.CBOE.com). All trading conducted by contributors on Virtual Trading Floor is done through T3 Trading Group, LLC. For more information on T3 Trading Group, LLC please visit www.T3Trading.com.
  8. Global Trading Plus, LP (“GTP”) is the exclusive provider of T3 LIVE, LLC products in Europe, all the former Soviet Republics (dating back to 1991), and Israel. GTP is a separate company and has no common ownership with T3 LIVE, LLC, T3 Trading Group, LLC.