U.S. stocks fell 9% yesterday.
This morning the U.S. Department of Labor announced 281,000 jobless claims last week. That’s a 70,000 increase from last week’s report of 211,000 jobless claims.
That news gave stocks another reason to sell off. And early trading Thursday shows another 2% decline in the major indices.
The coronavirus is sending stock market volatility surging. You can see this with major 2%, 5% and even 10% daily moves in the market.
This chart shows what’s happening.
See how the volatility has surged?
It may be terrible for “buy and hold” investors. Yet it’s creating once-in-a-lifetime profits for active traders.
Go here to discover this trading secret – and start profiting from the market’s big moves.
The Big News…
CONGRESS: Infected with Coronavirus
Two members of Congress just tested positive for Covid-19. Rep. Mario Diaz-Balart and Rep. Ben McAdams both tested positive in the last 24-hours.
France Issues FALSE Warning
The French health minister warned NOT to take ibuprofen. And he said that the medicine could make coronavirus worse. That claim has been rebuffed by most infectious disease experts who say there is no evidence.
New Yorkers: Prepare for “Shelter in Place” Order
NYC is preparing to “shelter in place.” That means most businesses will close. Public transit will shut down. And people will stay at home unless they’re going to the grocery, pharmacy or park. It’s a remarkable change for the city that never sleeps.
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Walmart Cuts Store Hours
Over 5,000 Walmart stores are cutting business hours. The move is designed to give employees more time to stock shelves and clean the stores. The company also opens one hour early – allowing senior citizens first access to shopping.
100% Increase in Cases in New York State
The Empire State reports that Covid-19 cases doubled overnight. The state now has 1,871 confirmed cases and 11 deaths. Meanwhile, unemployment claims are rising in the state. Last week, 21,000 people filed unemployment claims – a 10X increase in a week.
China Reports Zero New Cases
For the first time in three months, China reports zero new cases of locally transmitted coronavirus. The country says new cases are a result of people entering the country with the virus.
The Coronavirus Numbers
Here are the numbers from Thursday morning at 9:45 a.m. ET.
- 227,761 Infected worldwide
- 9,304 Deaths
- 9,486 Infected in the U.S.
- 155 Deaths in the U.S.
The negative news headlines are creating huge volatility in the stock market. And that’s why these quick 10-minute V-Trades are working so well.
In fact, 100% of these current trades are WINNERS. And you could be earning profits of:
Here’s the thing: you can make these profits even when stocks plunge. And this has NOTHING to do with “short selling” the stock market.
The next trade is going LIVE today.
Yours in Health & Wealth,