Small business optimism is alive and well…
As the lockdown grip loosens, small business owners feel hopeful about the days to come.
Small business owners were one of the many groups severely impacted by the closures due to Covid-19.
And as the stay at home orders began to roll in, many wondered what would come next for them.
But as the wheels of the economy slowly start turnings again, many have shifted their view that a “coronavirus-induced” recession will be short-lived.
This is a much different tune than what we have seen over the past few months.
In March, the Small-Business survey reported that sales expectations and optimism alike have plummeted. And while in April the numbers moved up, they were still low compared to what we saw before the pandemic.
But as May rolled in, and we saw lockdowns loosen, we saw consumers eager to feel some type of normal…
And in turn, optimism of small companies in the U.S. rose 4.5 points last month – twice as large as Wall Street’s prediction.
Where’s the money?
The past four months have been fueled by uncertainty.
And despite the optimism in the small business world – I’m not buying that we’re permanently in recovery territory yet.
So, if I had to give you advice, it would be this: take your money when you can and run with it.
Now, you might be wondering: Andrew, what in the world are you talking about? But hear me out…
When it comes to an unstable economy and market, the last thing you want to do is lock yourself into something for the long run.
That’s why right now, I think buying stock outright can be dangerous.
Because even though a stock may be doing well today doesn’t promise it will be doing well next week.
How can I get some?
Here’s the thing: just because there’s a lot of uncertainty doesn’t mean you need to sideline yourself until the market finds some stable legs (because who knows when that will be).
In fact, I have a trading strategy that will allow you profit on these unsure circumstances…
I’m talking about weekly options.
Now, in case this is a new concept to you, weekly options are short term bets that are introduced on Thursdays and expire eight days later on Friday.
Weekly options allow you to identify lucrative opportunities in the market and profit off them in under five days.
And that’s because they allow you to capitalize on short-term news – which is precisely what you need right now.
Speaking of weekly options…
I’m currently putting the final touches on something that could change your life.
And the best part?
You only need 30 minutes, three days a week, to get in on this movement.
But that’s all I can say for now – so, keep an eye out.
This is something you won’t want to miss.
In the Spotlight: Another reason to keep an eye on the travel industry
If you know me, you know I love Airbnb.
I actually rent a few places out myself.
And there’s no denying that it’s been a rough few months for the industry…
But this recent press release is showing there might be a light at the end of the tunnel.
Airbnb released that they have seen a surge in bookings as customers are looking for an escape after lockdown.
The vacation rental giant saw more U.S. bookings between May 17 and June 3 than the previous year.
On top of this, consumers are also booking for a much longer period than previous years. This could be attributed to the current work-at-home procedure that has become the new norm across most of the nation.
So, with that said, the travel sector is something to watch.
Midweek Money Tip:
Tired of waiting for payday? Here’s how you could have snagged a massive profit in an hour…
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