Global stocks are rising, despite coronavirus fears still plaguing the market.
As I’ve mentioned before, markets HATE uncertainty. And we’re still about 90 days away from knowing what the full impact of the virus will be.
But there is at least some good news on that front, the latest reports say new cases in China are falling. But be warned, there are some major unforeseeable outcomes that the stock market has yet factor in… see what they are in the video.
In today’s video I’m also covering my key support and resistance levels for the SP 500… whether the NASDAQ is overbought… how to gauge the bond market… and how to predict the market before it opens.
And lately, I’ve been getting help in the a.m. from the world’s #1 pre-market trader. He’s been alerting me to trades based on signals that happen before the opening bell.