This past week ended with the market at peak euphoria on Friday — we had a breakthrough after Pfizer announced a super-effective COVID-19 treatment. In even better news, PFE was my bullish free trade I gave to my readers at the beginning of last week — you’re welcome!
This was a massive game-changer, though, for the trajectory of the economy and life in general post COVID-19… And it’s given me a good idea of the stocks to watch this week.
The jobs numbers also came out Friday. Nonfarm payrolls increased by 531,000 versus the 450,000 expected — the biggest number since July — and the unemployment rate shrank to 4.6%.
There were also 604,000 of the expected 420,000 private payrolls added! This is great news for the economy.
But we have some major economic numbers coming in that could change that, sending things crashing down...
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