The global stock market is looking mixed today as investors weighed how well U.S. economic data will perform against the longer-term impact the virus will have on global growth.
U.S. stocks on the other hand were up as Wall Street continued their rally from Friday, when investors were shocked to see 2.5 million jobs gained in May rather than the 8 million losses they were expecting.
However, these are the two major uncertainties the markets still face.
In today’s video, I’m also covering how the week’s price action will unfold… which sector will lead ahead… which sector is overbought… and the single biggest factor driving the market right now.
Everyone says you should follow the “smart” money…
Our Smart Money system doesn’t care about the current crisis or coming recession — it identifies the “smart money” spikes and allows you to trade with the backing of billions of dollars from Wall Street.