Update - May 12, 2020

The Most Important Thing for Your Health and Wealth

The news this week is just as we expected… and all that we hoped it would be.

The capitalist system is working. Americans are being forced to make the tough choice between work and health… the balance of which, if we’re honest, we spend much of our lives teetering on.

All across the country, citizens are questioning the motives of the government and the media. It may look ugly. It may be painful. But it is good.

A blind society is a troubled society.

It’s a good time to remind you of an image I’ve shared before.

It’s a time-tested timeline that shows how a community deals with disasters.
There’s the warning phase… the actual strike of the disaster… the heroic phase… the honeymoon phase… and, where we are with this coronavirus mess right now, the disillusionment phase.

As citizens watch their businesses implode and their bank accounts go bust, they’re getting frustrated. They’re pushing back. And so are the folks in charge.

Lots of folks are getting angry.

But the most important thing to do right now – for both your health and wealth – is to prepare for the next stage on the chart above… the trigger events.

Soon enough, we’ll hear of secondary outbreaks. The media will try to scare us all back in front of our TVs. The government will react based on political lines. And stock market volatility will rise once again.

This is when having thick skin and a keen eye to the future will matter most. As you can see in the chart, it represents the bottom of the disaster. That means, at least psychologically, the worst could be ahead of us.

It’s why it’s so important to stick to a plan.

Planning for Profits

If you’re worried about your health, continue to do what you’ve been doing. Take in as much information as you can and decide for yourself. If you feel safe going out… do it. If not, stay at home.

Emotional decisions are just as harmful when it comes to wealth. That’s why it’s important to move slowly, use the data you have and make fact-based decisions.

That’s what led us to the newest position in our portfolio, Scotts Miracle-Gro (SMG). And it’s paid off well. As I write, we’re up about 15% on the play – a nice win in less than a month.

Helping the surge higher was the company’s latest earnings report. It backed up our thesis that as the nation’s food supply is rocked by this pandemic, backyard gardeners will significantly boost demand for the company’s products.

The latest figures were quite nice. Earnings per share, when we scratch out any one-time costs, were $4.50, well ahead of Wall Street estimates at $4.07. The strong profits come thanks to a 16.2% surge in year-over-year sales.

It’s good news. And I don’t think it’s the last time we’ll see the company’s numbers growing. The trend that led us into this stock is just getting started.

Shares are still worth buying if you haven’t gotten them yet.

This is a strong, long-term play.

If you’re looking for ways to play shorter-term moves (like those that will surely come as we see the “trigger” events noted in the chart unfold), we’ve got Codebreaker Profits and Alpha Money Flow. They’re designed to use technical patterns to get us into and out of the fastest-moving plays on the market. They’re red-hot these days.

But like I said above, it’s imperative that you have as much data and as many ideas as possible.

It’s the key to success.

That’s why I want to personally invite you to a free swing trading webinar being held by my good friend Nicholas Vardy next week.

He’ll detail his strategy and why the techniques he used managing money at hedge funds are critical in today’s market. It will be informative and, knowing Nicholas, quite entertaining. Click here to RSVP and reserve your spot.

Be well,

Andy