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Markets Live Recap: Why Stocks Closed Lower for the First Time in 3 Days

For the first time in three days, the Dow and S&P 500 closed lower as investors weighed the prospects of reopening the economy as job losses grew across the country.

A grim U.S. payrolls report showed private payrolls dropped by 20.2 million in April – the worst job loss in the history of the ADP report.

At the same time 30 U.S. states have already partially reopened their economies or are planning on doing a partial reopening soon.

Here's how our experts – D.R. Barton, Jr., and Shah Gilani – see things playing out in the economy moving forward.

They even provided some of the top stocks to buy and sell today...

Trading Strategies

Why I Love to See This Extreme Shape in My Charts

Aristotle is traditionally credited with the concepts behind the familiar idiom "nature abhors a vacuum."

It's just a way of saying, "when something is moved out of a space, something else will move in," or, "there is no truly empty space."

Some incredible minds have grappled with the ramifications of this concept over the 23 centuries since Aristotle.

To name a few: Galileo, Blaise Pascal, Thomas Hobbes, Robert Boyle, and even calculus co-inventors Sir Isaac Newton and Gottfried Leibniz have all weighed in.

Modern science has answered this question… with a few equivocations.

From a quantum perspective, there is no true empty space – it would still be filled with quantum fields. Nonetheless, there's a good deal of mostly empty space and plenty of partial vacuums.

Just like nature, the markets find a few things abhorrent – most of all the parabola.

A parabola is, at its essence, an exponential function. Galileo in his final, 1638 work, "Discourses on Two New Sciences," proved that the trajectory of a projectile traveling through a non-resisting medium is a parabola.

Like a cannonball or bullet dropping back to the ground, trading patterns that look like parabolas inevitably come back to earth as well.

For investors, the results can be disastrous. But for nimble traders on the right side of the "landing," a parabola can be extremely lucrative...

Trading Strategies

How Our Beliefs Give Us a 140% Trading Advantage

Last week we talked about the overall importance of beliefs.

I told you about the systematic application of winning beliefs by professional traders in The Wall Street Journal's pros versus dartboard competition.

You'll recall that through 100 contests, the pros' average win was a striking 140% higher than those stocks picked at random, striking a blow against the old academic tenet that markets are random.

I want to give you a guided tour of the beliefs that form the foundation for The 10-Minute Millionaire's systematic approach to trading.

So today, I'm going to show you the individual steps that form the foundation of how we believe the markets work. Think of it as our "beliefs roadmap."

Let's get started...