Asian shares are mostly on the rise today thanks to another boost from Wall Street; however, fears of a second virus wave continue to spread across the globe.
Despite recent market rallies, analysts aren’t convinced that infections won’t continue to spread given the increasing number of cases in parts of the U.S., Asia, and Brazil.
And unless we see a jump in the number of stocks trading above the 200-day moving average, the markets will begin to do this.
In today’s video, I’m also giving you my opinion on the overall health of the market, whether I believe stocks will rise or fall in the next few weeks, stocks that you should sell fast, and what to expect in tomorrow’s GDP report.
The markets are wildly unpredictable right now…
In fact, I think it’s safe to say that you can’t trade the same way you used to 12 months… 6 months… or even a month ago!