The British government abolished corporate taxes for next year.
It’s a great counter to all the rampant socialism sweeping Europe… But it also runs counter to what the Bank of England is trying to do.
So we end up with a situation that has tight monetary policies butting up against loose fiscal policies.
Meanwhile, markets are down overnight and I see that continuing.
► So today we’re capitalizing on that market slide with a play on SQQQ. Check the video for details.
For full details on how to play it, including trigger, target and stop loss, subscribe to The Daily Pick right here.
The Daily Pick is Don’s daily alert service, where for just a few dollars a month, he gives you a pick every trading day, complete with triggers, stop loss and profit targets.
ABOUT DON’S DAILY BRIEF:
Every market day, Don Yocham scans thousands of potential stocks, whittling down the list to just a handful that could be setting up to make BIG moves.
The top idea from his daily scan ends up here.
For specific trade instructions, including triggers and stop loss levels, take a look at The Daily Pick, where for just a few dollars a month, you’ll get full trade instructions on Don’s top idea each day.