Market Analysis – Can the Economy Get Back on Track?
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As various countries open their economies, notably China and the US, will it lead to a surge in new cases, and will it lead to further shutdowns?
And will the stock market be able to break new highs, or has it hit a major roadblock?
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Table of Contents
Major Events
There were some major news last week, such as the negative Fed forecast, which caused a huge dip in the stock market.
Daily new coronavirus cases continue to climb globally, with new spikes in the US and fresh outbreak clusters in China.
Stock Markets
The stock market seems to have hit a roadblock, and is taking a pause while deciding which way to head next.
I highlighted the crucial levels to look for on the S&P 500.
Tech stocks are still going strong, and the big tech giants are breaking new highs.
Trade Highlights
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See you on the inside! ?
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Spencer is an avid globetrotter who achieved financial freedom in his 20s, while trading & teaching across 70+ countries. As a former professional trader in private equity and proprietary funds, he has over 15 years of market experience, and has been featured on more than 20 occasions in the media.
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