VIDEO REMINDER In Today’s Masters in Trading: Live What’s Moving the Markets This Week? -
President Trump’s proposed tariffs on Mexico and Canada are set to kick in on March 4th. An additional 10% tariff is also expected on Chinese goods. -
A whole range of important jobs and manufacturing data comes out this week, including the February employment report on Friday and The Institute for Supply Management's February manufacturing index later this morning. After a volatile February for stocks, Wall Street is looking for a little optimism as we enter March… Investors are bracing for a new round of jobs data to hit the ticker this week that could seed a much-hyped market rally in the coming weeks. They’re also waiting to see if the Trump administration follows through on 25% tariffs on goods from Canada and Mexico (as well as additional tariffs on Chinese goods), which would likely kick in tomorrow – if all goes to plan. There’s a lot of volatility and uncertainty in the stock market right now. But if we look at the fundamentals, the markets are a lot healthier than the headlines would have us believe. And our latest QQQ reading shows us why…  Even with heightened volatility hitting the markets over the last month, we’re standing on firm ground… The markets are still moving in our favor, with market volatility (in yellow) moving roughly in line with our buy signal and the expected move on the chart. And we have history on our side here… Just as the long-term trend on the chart shows us, there’s still plenty of room to trade through the current market storm from here. In today’s Masters in Trading Live at 11 a.m. ET, I’ll explain my outlook on the stock market as we enter March. I’ll also show you how we can use our Masters in Trading tools to anticipate any big moves in stocks in the coming weeks. Got a Question for JR? Be sure to join me live on YouTube. Viewers can leave questions, comments, and even recommendations for stocks to analyze. It’s a great way to connect directly with our trading community and make sure you’re getting the insights you need to help build a deeper understanding of the markets. Remember, the creative trader wins, |
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