Global stock markets and U.S. futures dropped this morning, meaning U.S. stocks are well on their way toward a fourth week of consecutive losses. 

In an attempt to kick-start negotiations with the Trump administration, House Democrats claim they’re scaling back their proposal for a new stimulus package. However, Treasury Secretary Steven Mnuchin and Federal Reserve Chair Jerome Powell said providing affordable loans to small businesses and further support to unemployed Americans is the government’s highest priority. 

But despite signals of a global economic rebound in the third quarter, the upturn may be losing steam… 

In today’s video, I’ll discuss whether stocks are oversold or not… current momentum levels for major indices… and two stocks that are bucking the last two-week downturn. 

 

P.S. Trophy Trades are already on a roll… 

So if you haven’t been taking advantage of this brand-new trading system, you’re really missing out…  

You could’ve purchased two $4.50 DocuSign options — for a $900 stake — and walked away with $15,350… 

Or purchased two $1.80 Adobe options and walked away with $12,734! 

Chuck — the man behind this Trophy Trades system — wants to share the secret in his success with you… and his next trade. 

Click here to learn his championship trading secrets. 

My Top ETF as GameStop Prepares to Report Earnings

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My Top Trades With More Tech Earnings on Deck

My Top Trades With More Tech Earnings on Deck

 Before we get to today’s stock market outlook, I want to let you know that I’m appearing on “Roundtable With Don Yocham” alongside Celeste Lindman and Jeffrey Muller at 11 a.m. ET today, May 31! Join us here: https://prosperitypub.com/roundtable We’ll discuss...

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2 Overdone Sectors and an End to the Debt Ceiling Crisis

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 The major indexes rose to start the shortened trading week Tuesday morning on positive news regarding the debt ceiling debate. President Joe Biden and House Speaker Kevin McCarthy appeared to reach a deal over the long Memorial Day weekend on raising the U.S. debt...

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