Want to Make Money in Today's Market? Then Here's My Secret ...

Want to make money in today’s market? Then I have a very simple, secret piece of advice for you …

Forget politics!

Nine-tenths of what you’re hearing or seeing out of Washington these days is noise. Useless political theatre that has absolutely no bearing on the markets or your portfolio. So if you want to protect and build your wealth, you have to learn to tune it out!

Just look at the last couple of weeks. The New York Times, Washington Post, Fox News, CNN, and virtually every other mainstream press outlet is full of stories about chaos in the Trump administration and Washington overall …

Anthony Scaramucci gets appointed White House communications director …

Press secretary Sean Spicer quits in protest …

Chief of Staff Reince Priebus gets shown the door by “The Mooch” …

Then The Mooch himself gets the boot once John Kelly takes over …

The headlines came fast and furious. Meanwhile, we couldn’t go a day without hearing about how the Obamacare “Repeal and Replace” efforts were going down in flames … how the Russians meddled in our elections and cultivated links with the extended Trump family … or how the in-fighting was getting worse between the President and Republicans in Congress.

But what happened in the stock market? The Nasdaq Composite hit an all-time high. The S&P 500 hit an all-time high. The Dow Jones Industrial Average hit an all-time high (coming within a whisker of 22,000).

Some investors are ripping their hair out trying to figure out why. Some pundits are struggling to explain it. But this should come as absolutely no surprise to you – because it’s what I’ve been predicting about for months.

Think back to what I said in the wake of the “Frexit crisis” in April, or the “Trump Dump” in May. I warned then that paying too much attention to politics is dangerous to your wealth, and shared the following perspective:

“I’ve seen a lot of political crises come and go in the two decades I’ve been following the markets closely. They give the Washington press corps a lot to talk about, and they clearly can cause short-term chaos. But unless they derail the underlying economy or crush corporate earnings, they usually don’t have a lasting impact.”

Sure enough, corporate earnings and the economy overall have continued to chug right along — regardless of all the blather coming from inside the Beltway. Second-quarter earnings are up more than 9% on average among S&P 500 companies, while a record-high percentage of them are beating revenue estimates, according to FactSet. U.S. GDP growth accelerated from 1.4% in the first quarter to 2.6% in the second, and economists expect it to come in roughly as strong in Q3 as well.

So sure, I have my thoughts and opinions about the Washington mayhem. I also happen to like certain sports teams … dislike various movies and TV shows … and enjoy some foods more than others. But none of that matters when it comes to making money in the stock market.

If you want to be the best investor you can be, ignore all the D.C. noise and focus on what matters. Our data-driven, conflict-of-interest- and emotion-free Weiss Ratings can help make that easier by guiding you to the best stocks, ETFs, mutual funds, and more.

Until next time,

Mike