You Need to Know About These Rallying Sectors

I’ve got another weekly market update video on tap for you today as you are hopefully enjoying your weekend.

The big narrative from the media this week continued to be worsening coronavirus, but you would be completely oblivious to it if you just looked at the market’s performance.

The market is back to testing a new “line in the sand” after recovering from the March lows. If we can break this level, we’ll be off to the races to test the all-time highs. I’ll show you this level and let you know what I think is likely to happen in today’s market update video.

We’ve also had some very big changes in the sector rotation this week, with many of the beaten-down sectors starting to show some renewed strength. I’ll show you which have been the biggest movers, and talk about one geopolitical event that’s hurting a major sector.

Finally, I’ve got a couple of new stock recommendations to add to your portfolio on any dips.

Click below to watch.

The Fed’s Alchemy is Turning Just Right Bad News into Good News

There must be some kind of way outta here,
Said the joker to the thief.
There’s too much confusion,
I can’t get no relief.

–Bob Dylan (though best performed by Jimi Hendrix)

While these famous words from the song “All Along the Watchtower” were recorded all the way back in 1967, they seem very fitting for the situation we find ourselves in today, over 53 years later.

But it’s not necessarily relief from the worst pandemic in over 100 years that traders and investors are necessarily looking for right now (though it would certainly be welcome). Instead, it is relief from another source that would continue to push the market higher.

From the market’s perspective, the “way outta here” is through the Federal Reserve.

Here’s what I mean

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