Stock Market Update- 3/9/18
This week’s stock market trading ended with a bang.
Despite President Trump’s insistence on steel and aluminum tariffs, which drove stock prices down, on Friday the bulls took control on Wall Street. Here is why:
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US economy added 313,000 jobs in February, the strongest monthly gain since July 2016
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The unemployment rate remained at 4.1% for the fifth straight month.
There are two Wealthy Investor stocks that are sitting near or close to their 52 week highs: Activision Blizzard, Inc. (ATVI) and Netflix, Inc. (NFLX).
You will have to decide if each one of these stocks makes a better trade or investment in your portfolio.
Fasten your seat belts I expect wild volatility to continue over the next seven trading days.
Stay Focused! Stay Disciplined!
Tyrone Jackson
The Wealthy Investor