Now is not the time to be a hero in the market, and good stocks have been hard to find lately. A world leading innovator in material science is in one of the hottest sectors right now. I expect it to test and make a new high in the next eight to 10 weeks.
The gross domestic product report for the first quarter is out today, and Wall Street expected strong numbers. This week's jobless claims was also released today, and analysts expected a slight rise from last week's fantastic drop to 547,000 new claims.
In today's stock market recap, global markets are pushing forward in anticipation of the U.S. economic data, and after President Joe Biden laid out a tremendous education and family stimulus plan.
In today's video, you'll discover current expectations based on Fed data… whether bonds will trade higher or lower… how to determine if stocks are overbought… and the top low-risk pullback opportunity. |
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