You're receiving this email as part of your subscription to Trend Trader Daily. Unsubscribe here. [Friday Charts] The Most Controversial Picture in Washington By Lou Basenese Friday, January 8, 2021 It's Friday in the Trend Trader Daily Nation. That means it's time to embrace the adage that a picture is worth a thousand words. If you're new around here, each week I select a graphic or two to convey an important economic or investment insight. This week, I'm debunking a stubborn myth about tech stocks and politics. Frankly, it's probably the most angering chart for politicians, but the most rewarding one for investors. So let's get to it… >>>>> ADVERTISEMENT <<<<< BREAKING NEWS: Elon Musk Now The #1 Richest Man on The Planet! But that's NOT why he's dancing in the video below… (Click here to see why Elon's dancing) Instead, it's his NEXT big breakthrough that has him so excited… Click here to find out how you can potentially ride alongside Elon's Next Big Bet » >>>>> ADVERTISEMENT <<<<< Survey Says?! This morning, I made a pre-dawn trek to the studio to appear on Fox Business Mornings with Maria. (You can watch a replay here.) The topic du jour? What the censorship of President Trump's social media accounts means for tech stocks. To sum up my response in a word: it means nothing! As the chart below shows, investors couldn't care less about the threat of increased regulation. Instead, big tech stocks keep hitting new highs. Even though, as Axios writes, "Tech companies have never been under more regulatory scrutiny." What gives? Investors realize that politicians are nothing but blowhards. They're all talk — for two years and counting on this topic — and no action. Until they get off their duffs and create regulation that holds tech executives personally and criminally liable for content (just like Sarbanes-Oxley did for financial reporting), nothing is going to change. Every few months, tech executives will get paraded in front of Congress and grilled. Headlines will swirl about impending and imminent regulation. And then? Crickets! All the while, sales and earnings at mega-cap tech companies will keep chugging higher. And in turn, so will share prices. I'd bet on it! At the very least, let this continued outperformance as regulatory threats crescendo serve as a reminder: Generally speaking, what happens in politics doesn't matter to stocks. In the end, it's all about underlying business fundamentals. And for tech companies, business has never been better. Ahead of the tape, Lou Basenese Terms & Privacy | Unsubscribe 301 S. Perimeter Park Dr. Suite 100 Nashville, Tennessee 37211 RISK NOTICE: All investing comes with risk. That includes the investments teased in this letter. You should never invest more than you can afford to lose. Please use this research for the purpose that it's intended — as research only. You should consult a professional financial advisor before ever taking a position in any securities you see herein. SECURITY HOLDING NOTICE: Although we are never compensated from any companies for coverage, you should be aware that Trend Trader Daily, its authors, its owners, and its employees may purchase, sell, or hold long or short positions in securities of the companies mentioned in this communication. While authors might actively transact in the securities mentioned, they will always have a net position that is consistent with the position set forth in our research reports, letters and updates. DISCLAIMERS: The work included in this communication is based on diverse sources including SEC filings, current events, interviews, corporate press releases, and information published on funding platforms, but the views we express and the conclusions we reach are our own. As such, this content may contain errors, and any investments described in this content should be made only after reviewing the filings and/or financial statements of the company, and only after consulting with your investment advisor. Actual results may differ significantly from the results described herein. Furthermore, nothing published by Trend Trader Daily, Inc should be considered personalized financial advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized investment advice. Trend Trader Daily is an independent provider of education, information and research on publicly traded companies, and as such, it accepts no direct or indirect compensation from any companies or third parties mentioned in any of our letters, reports or updates.

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