The biggest market-moving news continues to be coronavirus.
China by far has the most confirmed cases, with about 64,000. But the virus continues to spread… there’s now 250 cases in Japan, a big jump from the two dozen or so a few days ago.
But overall, the markets seem to be shrugging off the news. Even in China, the Shanghai Stock Exchange has rallied 6% since Feb. 3 -- leading me to believe that markets believe the worst is behind us.
It might be an “old” story that causes more market headaches for China and the U.S. -- the trade war saga. The U.S. is accusing a major Chinese tech company of stealing trade secrets…
See which company and how it could poison the trade deal.
Today I’ll also cover what will happen to markets if President Trump is re-elected… a major earnings update… where I expect double-digit growth… the market’s hottest stocks.
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.
Folks, I’ve been warning you about the massive divergence between momentum and price in the markets for days now.
That, along with overbought markets and the fear related to the coronavirus is why I expect the ways market trade to radically shift very soon.
To prepare myself -- and you if you want my guidance - I've put together a new comprehensive report called Diamond Roadmap.
It takes you through how I see the next few months playing out and how to take advantage.
With the right strategies at your disposal, I think we have the opportunity to make more money in the next 200 days than most investors make in a decade.