Futures are up slightly as the markets remain focused on the war between Russia and Ukraine — and more in Monday’s stock market recap.
Peace talks between the two countries are ongoing but “hard,” according to Ukrainian presidential advisor Mykhailo Podolyak.
While concerns regarding the war are dominating market action, it’s not all investors are worried about.
Investors still anticipate interest rate hikes in light of rising inflation. And now COVID-19 has resurfaced in China, bringing more pain to supply chain issues.
Beijing paused production in the manufacturing hub of Shenzhen, home to companies such as telecom equipment-maker Huawei Technologies and Foxconn, which supplies Apple and other electronics brands.
Foxconn announced its factories will be closed until it receives government approval to reopen.
In this morning’s stock market recap video, you'll discover whether sentiment is favoring bulls or bears… which way volatility is shifting… whether bonds are pricing in the next rate hike… the strongest and weakest sector right now… plus my top stocks and price levels.
P.S. When it comes to trading, every second counts. And in choppy markets like these, often driven by headlines, stocks can make big moves in a flash.
That’s why I want you to get my latest trading ideas and market updates as fast as possible. So I’m rolling out an all-new option for my students to receive trade alerts with Telegram!
Telegram allows me to get trade ideas, videos and watchlists to you in a matter of seconds.
Check out this short article we put together with instructions on how to download telegram and access my private channel. Go here to get the details.
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