Global stock markets and U.S. futures traded lower today as investors closely monitor the slow distribution of COVID-19 vaccines around the world as well as the possible impeachment of U.S. President Donald Trump.
U.S. investors were encouraged by the original outlook of the recent COVID-19 vaccination rollout and the shift away from the Republican-controlled Senate to President-elect Joe Biden’s Democratic party. The shift means Biden could see less objection when he releases the details of his economic stimulus plan on Thursday.
But if vaccines and economic aid don’t come soon, we’re all in big trouble…
In today’s video, I have more on what’s driving the stock market right now… how Trump’s impeachment is influencing stocks… whether the COVID-19 vaccine production is priced into the market… one top stock you’ll want to continue watching this week… and one actionable option trade with strike price and expiration date.