Daily Alert – Tuesday 10th March 2020: Markets recover; Trump to announce fresh stimulus
The dramatic oil-inspired moves of yesterday are over. Today, as of 0945 GMT, equities and oil have almost reached their Sunday open prices. Steve and I discuss what to trade and when. In a nutshell, with the oil price sitting around half of the mid-January price, we see this as a significant opportunity for going long.
I am also keen to get into the S&P500 long and will do so now, prior to Trump’s announcement later today regarding financial stimulus designed to counter the economic effects of COVID-19.
VIP Club members can watch the video HERE