The bond market rallied after Tuesday's better-than-expected Consumer Price Index data. Keep your eye on the markets as we continue to receive new economic data every day this week. The global economy, COVID-19 and interest rates are dominating investor sentiment, and will likely define how stocks perform in the short term.
This will be a defensive market until the SPDR Dow Jones Industrial Average ETF Trust (NYSEArca: DIA) is trading above its 50-day moving average for at least two days. So I'm sticking to pullbacks and I've picked out one REIT and one ETF that are ready to bounce. In this video, you'll discover what to expect from the bond market in the next few sessions… whether stocks will stay choppy or reverse higher once again… which industry and sector I'm following closely… and the top defensive pullbacks to buy right now.
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