Global stock markets are mixed this morning despite Wall Street posting solid gains Monday, and better-than-expected economic data out of China.
U.S. stock futures rose this morning. Shares in London, Shanghai and Hong Kong opened higher, while Tokyo and Frankfurt declined.
The Shanghai Composite Index advanced 0.5% following a 0.5% increase in August retail sales — their first positive growth this year and a sign of stable and consistent economic recovery.
But the real question is: Will the trend last?
In today’s video, I have more on the current state of the global economy… whether U.S. stocks will rise or fall… what market internals are predicting… and eight different stocks breaking down right now.
P.S. I’m not sure if you know this, but the most important work traders do happens before the market opens…
Premarket trading helps investors and traders develop a plan of action for that day to stay ahead of this crazy and unpredictable market.
And lately, I’ve been receiving helpful tips and tricks from the world’s No.1 premarket trader — alerting me on trades based on signals happening before the opening bell.
If you’d like to get in on these trades too, just click on this link.