Markets worldwide bounced up on strong U.S. jobs and retail sales data. But can the gains be sustained?
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Markets worldwide bounced up on strong U.S. jobs and retail sales data, with investors instantly latching onto the hope that the Land of Opportunity can survive this recession. But can the gains be sustained when they're happening a little too big and quick for comfort? Analysts think otherwise, as rising cases of infections have been seen in the U.S., Brazil, and other places -- further hampering economic recovery. However, what's even more interesting to me is how the Nasdaq 100 is reacting… Check out why I think it's unimaginable that this is happening. In today's video, you'll also discover why the technical charts look different than internals… the key levels pointing to a bearish market cycle… the most probable outcome of the next few weeks… and the market's biggest surprise of the week. | |
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