It’s looking like the stock futures opened up slightly higher this morning, reversing last night's losses.
But if you take a look at the S&P 500, we’re still trading below the 200-day moving average. Struggling to move past it, really…
Part of the reason for that is because the S&P 500 is completely out of whack: During a pandemic like this, or any type of high volatility environment, we will see a fragmentation of sectors.
Traders should be using this time to become very sector specific. This is not the time to be sinking your money into the overall stock market because there’s just too much going on and it’s nearly impossible to figure out where the money is flowing.
BUT, I’ve discovered a really simple way to do just that -- if you follow these guidelines.
In today’s video, I'm also covering how to find strong sectors with two clicks… how to find the best stocks in those sectors… and how to determine if price is overbought or still remains below fair value.
Find out what is really moving this market.
Head Trader, Market Geeks
P.S. Is there something you want me to cover or have any questions? Send me an email at [email protected]. I read and appreciate every message I receive.
You could be incredibly close to earning $12,500 off of one trade...
America’s Top Day-Trader, Lance Ippolito, recently issued an alert that seemed to defy logic.
Investors were left stumped when the trade netted a 1,250% return, and tomorrow at 2 p.m. Lance is going to show you exactly how he’s able to make thousands off the markets with the strangest technique I’ve ever seen.