What is up, everybody welcome to trace trades, where we get technical analysis on different stocks in the stock market, as well as buy hold or sell opinions on these given stocks. I like to preface by saying that i am not a financial advisor nor expert. I am just some random dude on youtube, so take what i say with a grain of salt. My intent for this channel is to provide you any sort of information that i possibly can to give you the tools you need to give yourself some financial freedom.

The reason that i got into investing in the stock market is because, a couple years back, i had some really bad medical issues and dug myself about 30 000 in the hole and the secret for me was hard work and investing. So i'd like to provide you guys with the same tools that were provided to me by some really close family and friends and make you some money. But with that being said today, the topic is going to be a current event that is going to be affecting the market on monday, and that is a government shutdown. Now this is really big news.

This is, this is crazy um unless you live under a rock. You are probably aware that there has been talks for the last couple months about a possible stimulus bill. Now the stimulus ranged anywhere from 600 to trump was suggesting two thousand dollars and there really wasn't any common consensus on whether or not this was going to happen. It did seem like for a while.

The six hundred dollar stimulus was going to pass, but it did not it not. It did not get signed by president trump. He stated that he will not sign a bill unless it is of higher value and it was rejected. So an article was just released today and i actually found out about this because i am an active duty officer in the military, and i got a text message from my executive officer, my battalion, saying that the government's gon na shut down.

So i did a little bit of reading and googling and uh here's what we've got so countdown to shutdown. Here's what happens if trump doesn't enact the stimulus law by midnight monday. Let's, let's take a quick read. Millions of americans are days away from losing unemployment payments.

Housing assistance and other critical coronavirus aid, as federal relief begins to evaporate. Amid president trump's continued refusal to sign a 900 billion congressional stimulus deal into law, and basically i stated this earlier. But what this means is the house and the senate are trying to pass a 600 stimulus relief package to go out to americans for coronavirus relief, which makes sense. Obviously, we've been uh, we've been all struggling and the economy is hurting a little bit and there are a lot of people who who haven't been able to make ends meet because they lost their jobs or they're under furlough, or you know xyz reasons.

So this has been something that is uh has been in the talks for a while and trump was not on board and now, all of a sudden he is on board, he uh not to get political. This isn't political at all. I'm just giving you straight facts. Um trump stated he doesn't want to sign anything under two thousand dollars per stimulus package.

Let's continue, the programs adopted at the start of the still worsening pandemic have helped people purchase, groceries, pay their bills, etc. These are all set to expire this week. As a result of trump's last minute decision to reject the bipartisan aid package, his own administration helped negotiate. The economic unraveling is set to take place over several days now.

The reason that i'm bringing this up is because this is going to directly affect the stock market. It will affect it a lot. I i'm going to be extremely surprised if we see any sort of green in the u.s exchange tomorrow. So that is something that you need to mentally prepare yourself for is you.

You should expect a very red day in the market tomorrow and while this may be a little psychologically daunting right, no one likes looking at their portfolio and seeing holy crap, i'm down 10 15 20 on my portfolio in a single day. You have to view this at a long term perspective. So if you look at it like this, this is an opportunity to buy everything at a much cheaper price valuation than you normally would so when the market opens tomorrow. What i'm expecting is a very steep sell-off from shareholders, basically across the board, and this is an opportunity if you have extra cash laying around to buy stocks at a very cheap price valuation.

So personally, i know that i'm going to be increasing my position in stocks like apxt neo, xp, ev tesla, i'm in on uavs right now. All these companies i'm going to be pumping in the extra cash that i have laying around the extra buying power to increase. My position at a heavy discount, so that is something that i would really take into consideration, as you should expect a very drastic sell-off in the market tomorrow and prepare yourself for that and take advantage of it. If you can, it does say here: the economic unraveling is set to take place over several days, so you might honestly just see a red week in general.

I wouldn't be surprised by that. So, if you really want to you, can dollar cost average day by day? Maybe you have a thousand dollars to play with and you want to invest in in neil, let's say on monday: neil cost 43 bucks on tuesday neo costs 42 on wednesday, neil cost 41.. Now this is a chinese stock, i'm just using it as an example. But if this was the case, you could dollar cost average your thousand dollars and uh.

You know meet somewhere in the middle of those three price targets by day by day investing your money, and that way you won't have to see. You know as much of a negative margin on your account. Let's read a little bit more democratic and republican. Lawmakers also sought to use the stimulus deal to plus up some federal safety net support.

Enhanced vaccine distribution, extend new lifelines to cash, starved businesses and distribute one-time 600 checks to most americans. They coupled their new aid with a must-pass measure that would fund the government's operations through september 2021, and this is what trump won't sign on. I have a completely neutral stance on this. I'm not going to tell you my opinion, i'm just giving you the facts, but this one time 600 check to most americans is not going to pass as of now and if trump does not sign on this by midnight, there will be a government shutdown that will Enforce on monday night so be be watching the news, whether whether it's at wherever you wake up in the morning on monday or if you're going to be up tonight, watch and see if trump is going to sign off on this bill.

Because if he doesn't, you will see a government shutdown and this would drastically affect the market on monday. I hope that you guys are prepared. I hope that this gives you a little bit of insight on what to expect that way. You are not absolutely uh gobsmacked when you check out your portfolio monday morning, because i am presuming the pre-market is going to be absolutely filthy, bad and uh.

You just need to be ready for that. So if you have any questions, please drop it in the comment section down below. I will do my best to find you an answer. If you enjoyed the video, please like it, if you did not dislike it, either way you're helping out the youtube algorithm and if you'd love to join the family over here at trey's trades, please consider subscribing.

I do post content every day multiple times a day and, like i said earlier, my ultimate goal is to provide people with information and tools that they can use to give themselves some financial freedom. So that is all i have for today and i will see you guys next time: peace.