Fast Money Blog- 11/20/2020

This week as a whole, the stock market remained neutral with few stocks advancing.

However, it was announced that on Dec. 21st. Tesla, Inc. (TSLA) will be added to the S&P 500 index.

What does this mean?

The S&P 500 index which includes the Dow 30 was created as a way of measuring the performance of the U.S. stock market on a daily basis. The reason Tesla stock was added to the S&P 500 was because the company finally had five consecutive quarters of net profit.

Good Dates

In the Wealthy Investor program we trade stocks that are members of the Dow and S&P 500 because these companies have the greatest probability of rising in revenue and increasing in value.

Your job over the next 12 months is to trade and invest in Dow and S&P 500 components.

Because of current market conditions, I ask that that you stay positive and stay patient. All of our favorite Wealthy Investor stocks will rise over time.

Tyrone Jackson, The Wealthy Investor