Global Stock Markets Decline on COVID-19 Worries
Global stock markets and U.S. futures traded lower this morning as investors and traders continue to weigh the effects of rising COVID-19 infections in the U.S. and some other countries.
According to figures collected by John Hopkins University, the U.S. alone reported 175,633 new coronavirus cases and 1,113 deaths on Monday.
Things aren’t looking good here, folks…
Investors are also closely eyeing U.S. political leaders to see whether they can agree on a fresh economic stimulus package to support the country’s troubled economy after the $600-a-week extra unemployment benefits expired last July.
In today’s video, I’ll outline the biggest threat to the stock market right now… why the market is overbought… how to read the put/call ratio… and several biotech stocks losing momentum.
P.S. What if I told you the most important price indicators in the entire stock market triggered every Friday night after the markets close?
And that they could hand you thousands of dollars in profits every single week…
Well, a trading phenomenon happens every single Friday at 4:01 p.m. EST without failure… and that’s regardless of what happens Monday, Tuesday, Wednesday, Thursday or even Friday.
Live Trade Profit Head Trader Josh Martinez made a short video just for YOU to watch. It explains how you can take advantage of this bizarre market phenomenon.