Global stock markets traded mostly lower today amid worries over rising long-term bond rates, as investors and traders continue to look forward to the recovery from the COVID-19 pandemic.
Healthcare workers in Japan finally received their first dose of Pfizer’s COVID-19 vaccine last week. While further vaccination details for the country aren’t clear, these 40,000 front-line medical workers are scheduled to get their second shot in March.
But that’s not the only positive thing happening right now…
Back in the U.S., the House of Representatives is said to vote on President Joe Biden’s $1.9 trillion economic stimulus package this week. The plan would ultimately give most Americans $1,400 checks, which we desperately need, and plenty of aid to businesses hit hard by the pandemic.
In today’s video, I have more on why the stock market is experiencing selling pressure… the impact rising long-term rates could have on the economy… the most important Federal Reserve report this week… and three small-cap stocks positioned to make big moves.
P.S. One former hedge funder is pulling back the curtain on a new trading method that only requires your attention in the stock market right before it closes.
You see, from the time the market opens until about 3 p.m. EST, Wall Street has the upper hand. But once 3 o’clock rolls around, the big funds on Wall Street start bleeding cash… which sends certain stocks crashing lower.