European shares advance despite new information that its regional economic recovery is unstable.
The Trophy Trader's Secrets REVEALED | | | | | | Roger Scott | 20+ years of trading experience managed over $900 million teaching thousands daily. | | | | | Global Shares Rise Despite Concerning Economic Data | | | | World stock markets rose this morning as European shares advance despite new information that its regional economic recovery is unstable.
After Federal Reserve Chair Jerome Powell encouraged Congress to provide a new stimulus package, many traders and investors are keeping close tabs on how the coronavirus pandemic is affecting the U.S.'s economic outlook.
At a House of Representatives committee hearing Tuesday, Powell said that while the U.S. economy is improving in some areas, it's also showing signs of weakness in others after the expiration of $600 in extra weekly employment benefits.
If Congress doesn't make a decision soon, the markets aren't going to be pretty…
In today's video, I have more on how global data impacts the stock market… the best entry zone for the Dow Jones… the best buy zone for the S&P 500… and one sell zone on the Nasdaq 100. | | | |  |
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