Today, I want to use my favorite top down analysis approach when looking at the markets — so let’s begin with the global markets.
Global shares opened lower today with investors cautious after a gloomy forecast for the economy was announced.
The Organization for Economic Cooperations and Development (OECD) had a clear message regarding the economy: This is the worst downturn it has faced in a century.
Best-case scenario is that the world economy will shrink by 6%… maybe with a modest pick-up in 2021.
And based on this estimate in their analysis, I can see why.
In today’s video, I’m also covering which sector/industry will lead… which stock I like best… and a walkthrough on how to select options, strike price and expiration date.
To help the investors and traders that are struggling right now, Tom Busby — the world’s #1 pre-market trader — and I are teaming up to bring you one lucrative strategy that you can use in this market.
It’s called 7 a.m. Super Surges and traders are using it to potentially earn a steady stream of income — no matter what the market is doing.