Covid-19 continues to surge across the U.S., and Big Media has trouble covering anything else.
And while it’s without a doubt a human and economic tragedy, the Reality Gap of the Week is that crucial deals are being made at the highest levels of government to support the global economy.
Deals that you won’t hear much about from Big Media.
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.