Global stock markets and U.S. futures climbed higher this morning after AstraZeneca said it would supply Europe with more COVID-19 doses than originally planned due to rising concerns about the pandemic.
On Wall Street, the battle between large hedge funds and day traders over stocks like GameStop and AMC have some investors worried. Trading is still limited on the Robinhood platform, which is currently allowing traders to buy only one share of GameStop’s stock and five options contracts.
Stay away from this stuff, folks…
Silver also jumped nearly 12% to its highest price in 11 years after small online traders said they were going to target silver next.
In today’s video, I’ll show you how to gauge price action near the 50-day moving average… which major index is demonstrating weakness… why I remain bearish on two leading sectors… three major blue-chip stocks breaking down… and the biggest threats and opportunities this week.
P.S. Kingmakers have been around for thousands of years…
They’re the most influential people in the world. And right now, in the stock market, they consist of people like Warren Buffett, George Soros and Ray Dalio.
What do all of these men have in common (other than billions of dollars in net worth)?
They can single handedly send the share price of any given stock to the moon.
Trading expert Adam Sarhan seems to have figured out how to track the moves of these financial juggernauts…
And he wants to show you how you could take advantage of massive moves by The Kingmakers.