It’s hardly no surprise that the Russia-Ukraine turmoil is the hottest topic on Wall Street right now…
It’s heartbreaking to hear about it and the people living there.
But… When I sat down to film this video, the Dow started to rise after making a slight lower low on Monday’s open. It's a positive sign for the overall economy and tells me the markets aren’t as worried as we might think.
So instead of going over some market fundamentals like I usually do, I thought I’d focus on what’s hot and go over some key levels to pay attention to right now… along with six stocks bucking the trend.
The conflict between Russia and Ukraine is the major driving force of stocks right now — and more in Monday’s stock market recap.
The major indices traded lower on Monday and virtually everything will be overshadowed by what happens between Russia and Ukraine.
Meanwhile, the Department of the Treasury announced new sanctions against Russia that could immobilize any assets of the Russian central bank in the U.S. Western nations also blocked some Russian banks from the global payments system, which caused the ruble to plunge to a record low of less than one U.S. penny.
What all this means is that if Russians have money outside of the country itself, aye yai yai… no soup for them!
In this stock market recap video, we’ll discuss the latest news between Russia and Ukraine… the key price levels to watch… and all of this week’s most important data and reports.
I do a ton of sector analysis and use back-tested, proven strategies to beat the market. I use proprietary formulas based on relative strength to track the top 5 strongest stocks… You know, the ones I send you in my new weekly watchlist. But now I want to know which stocks you’d like to see rankings for! All you have to do is reply directly to this email with your tickers!
The heart-wrenching news of the Russia-Ukraine crisis has most traders feeling lost right now…
And the majority will fall to fear and media pressure, which can lead to trade losses and missed opportunities.
But smart investors know with a heavy heart that historical events tend to open up a pullback opportunity soon after the sell-off…
So I’m hosting a live complimentary bootcamp training session at 1 p.m. EST on Tuesday, March 1, to show people how to correctly trade these pullbacks, and I’ll give away six stocks set to come out on top.
If you want to build real market knowledge, then forget about all the trading experts and gurus who only want to scare you into listening to them every time the market adjusts or corrects.
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