Global stock markets fell this morning as the rise in COVID-19 infections in the U.S. and Europe outweigh investor confidence about a potential vaccine.
State and local governments around the U.S. are now imposing stronger precautionary measures (like limiting the size of gatherings, banning indoor restaurant dining and closing gyms) as new daily confirmed COVID-19 cases near 160,000.
It’s like March all over again, folks…
Even though Pfizer Inc. (NYSE: PFE) said Wednesday that its vaccine seems to be 95% effective in preventing COVID-19, it doesn’t ensure the drug will be approved by U.S. regulators or how long it will take to be distributed if approved.
In today’s video, I have more on what the stock market is assimilating into its price right now… an update on medium-term momentum levels for all major indexes… which resistance levels are broken… and one low-risk, high-probability trade setup with its projected profit level.
P.S. Most of you don’t know this…
But massive hedge funds, institutions and banks are gearing up to take over the stock market with algorithmic trading.
And they plan on leaving you in the dust!
But there’s still hope left for the everyday investor.
You see, I’ve developed an algorithmic trading machine that investors just like YOU can use without millions of dollars in upfront capital.
If you’d like to get your hands on it, just click on the button below. I’ll show you how to not only get ahead of Wall Street, but supersize your account.