Stocks Slip as Cases Hold Steady

While the markets have mostly been in rally mode since April, the recent surge in new virus cases in the U.S. has undercut almost all optimism for a quick economic turnaround. In fact, world shares slipped this morning as investors are worried that the reopening of businesses may have to be curtailed.

Market Update: Thursday, June 25, 2020

U.S. markets opened lower for the 2nd-straight session following another spike in coronavirus cases and an elevated weekly jobless claims number. News that the governor of Texas has halted the reopening of the economy was also a concern with the surge in cases possibly slowing the recovery nationally.

Market Update: Wednesday, June 24, 2020

U.S. markets were weak throughout Wednesday’s action as major concerns over the growing number of coronavirus cases weighed on sentiment. A warning from the Texas Governor started the selling pressure after he implored residents to stay home as the state grapples with a surge in coronavirus cases and hospitalizations stemming from the disease.

WealthPress TV

Roger Scott and Tom Busby have something important to say to every trader out there…

Thrive Even in This “Chop Shop Market”

The past few months, we saw some massive movement in the market and, yes, we got used to this good news. But now we’re about to enter what I call a “chop shop market.”

How Traders can Surf the Second Wave

The market has finally woken up to the reality of a COVID-19 second wave. US cases are up more than 15% in the last two weeks with cases rising in 18 states mainly in the South, West and Midwest. Global cases has also risen above 9 million with more than 450,000 fatalities reported.

Here’s the Next Big Winner

A lot of traders have been sitting on the sidelines lately due to market fear and volatility.

The Best Stocks Now

Global shares are on the rise this morning as investors chose to look beyond the increase of virus cases, setting their sights on economic recovery instead.

Market Update: Tuesday, June 23, 2020

U.S. markets showed strength to start Tuesday’s after the White House clarified overnight comments from trade adviser Peter Navarro who said that the trade deal with China is over. He linked the breakdown in part to China not sounding the alarm earlier about the coronavirus outbreak.