Global stock markets and U.S. futures turned red today as weekly jobless claims fell to its lowest figure in more than a year.
So our eyes should be on the bond market now…
The iShares 20+ Year Treasury Bond (Nasdaq: TLT) is already trading flat today, which is important because bonds and the Nasdaq are moving in step with each other right now. And as I was filming this video, Nasdaq futures were down about 52 points.
In today’s video, I’ll explain the impact of today’s GDP report… whether jobless claims will impact the price of stocks… how much lower the stock market will drop… and the weakest 90-day breakdown stocks you can use to hedge your portfolio.
I’d really like to short the first breakdown stock on my list. It looks like it’s ready to break back down from the $206 level and fall to around $175 a share.
P.S. For over 90 years, Wall Street insiders have banked BILLIONS in secret with the power of an unstoppable profit formula discovered by two Dutch physicists.
But now I’m breaking the code of silence to share how it works…