Global stock markets are mostly higher today as investors wait for specifics on President-elect Joe Biden’s economic stimulus plan to be released today to help the U.S. recover from the COVID-19 pandemic.
It seems like investors have shrugged off last week’s attack on the Capitol building in Washington, turning their attention to Biden’s potential aid plan, which could help send most Americans bigger cash payments.
Hopefully this will be bullish news…
In China, exports rose 3.6% in 2020 to $2.6 trillion despite hardships caused by the COVID-19 pandemic and a lingering trade war with Washington. That’s a huge upgrade compared to last year’s 0.5% gain.
In today’s video, I’ll explain the current sentiment level of the U.S. stock market… the biggest catalyst for upside growth… why employment data is discouraging… which index is most vulnerable to a downside correction… and the top three stocks breaking out right now.
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