Global Stock Markets Lower After Poor Jobless Report
Global stock markets turned lower this morning after the number of Americans applying for unemployment benefits rose and as U.S. political leaders continue to grapple with a fresh economic stimulus package.
Thursday’s jobless claims report showed that 835,000 people applied for unemployment in the month of November. That’s the highest level we’ve seen since September, meaning the amount of Americans getting unemployment benefits rose for the first time in three months from 5.5 million to 5.8 million.
This is bad, folks…
In today’s video, I’ll explain the biggest factors impacting the stock market right now… what unemployment data is showing… why the global economy is expanding… why large-cap stocks are sinking… and two low-hanging fruit opportunities.
P.S. How would you like to never stress about the stock market throughout the normal trading week ever again?
Sounds too good to be true, right?
Wrong.
Live Trade Profit Head Trader Josh Martinez and I have discovered that the single most important price indicator is triggered every Friday night… after the market closes.
This indicator acts like a stock market barometer, pinpointing with 90% accuracy which stocks could explode higher over the next five trading days…
No matter what happened in the market leading up to Friday’s close.