Stock Market Points to Third Straight Day of Losses

Published: September 8, 2020

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Roger Scott

20+ years of trading experience managed over $900 million teaching thousands daily.

Stock Market Points to Third Straight Day of Losses

Global stock markets are mixed this morning. European shares edged lower amid little gains in Asia, while U.S. futures slipped.

The Japanese government also announced today that its economy shrank at a far worse rate than initially expected during the April-June quarter. The country's seasonally adjusted real gross domestic product reportedly cratered 28.1% — exceeding last month's record of 27.8%.

Japan's not getting off to a good start, and here's what it could mean for us…

In today's video, I have more on the near-term support levels for the major U.S. indices… if stocks are due for a major correction… which sector is leading ahead of the rest… and top stocks to focus on right now.

Get today's market action

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