Hey traders, Lance Ippolito here! Roger’s missing… hopefully we’ll find him soon, but, until then, you’re stuck with me!
Now, let’s get into what’s really moving the markets: Jerome Powell says that the Fed isn’t out of ammunition for fighting the recession just yet; however, the economy won’t be back to 100% until a vaccine exists.
In even bigger market moving action, the company Moderna has positive data to report for early-stage trials of a vaccine — and the markets are eating it up.
See what I’m talking about.
In today’s video, I also talk about the good and bad names in Wall Street right now… how to use sector ETFs to your advantage… the major differences between financials and tech stocks… and the good, bad, and everything in between of major banks.