Global stock markets and U.S. futures traded higher this morning ahead of (and after) November’s jobs report. In addition to that, major oil manufacturers also agreed to boost production gradually.
That means we could see major upside in this sector…
Although unemployment data proved that fewer Americans than expected applied for jobless benefits last week, U.S. employment growth showed a sharp slowdown of hiring in November amid surging COVID-19 infections.
In today’s video, I also have more on whether momentum levels are overbought… how divergence is impacting the stock market… whether the put-call ratio is neutral or overextended… and five ETFs you’ll want to invest in right now.
P.S. The stock market can be unpredictable… especially given today’s economic and political climate.
That’s why you need a trading strategy that will net you consistent returns year after year — no matter what life throws your way.
That’s where Trophy Trades can help. This stress-free trading methodology will allow you to capture more of a stock’s gains without leaving large profits on the table.
And it works even in the most turbulent of markets.