Banks are starting earnings season off with a bang!

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Published: October 16, 2021 Get Ready for Bank Stocks to Break Out It’s earnings season, and bank stocks are starting things off with a bang!    Financials were the first to report, and most posted better-than-expected earnings.    And even one well-known name that didn’t (looking at you, Wells Fargo) still posted third-quarter profits that rose compared to the same quarter last year.    The reason it failed to beat expectations is because its expectations were quite high. The company still topped analyst estimates.     Two other banking stocks that beat quarterly expectations both traded higher on the news. Get the Names Here ________________________________________________________ Roger Scott 27+ years of trading experience. Traded multi-million dollar accounts and has trained thousands of new and experienced traders. ________________________________________________________ The No. 1 Sector Breaking Out Ahead of Retail Sales Data The markets were up again on Friday, with the Dow climbing about 150 points. This is anything but random. Anything above a range of 75-85 points, up or down, is not random, so this means the market is looking strong.  The bond market was down a little bit, but if retail sales come in weaker than expected, or if we have some volatility in stocks, we may see bonds move higher. In today’s video, I’ll reveal how retail sales will impact the market… the past week’s winners… how momentum is shaping the market… the No. 1 sector to pay attention to right now… and a brand-new trade idea. Don’t Miss This Trade WE WANT TO HEAR FROM YOU! I do a ton of sector analysis and use back-tested, proven strategies to beat the market. I use proprietary formulas based on relative strength to track the top 5 strongest stocks… You know, the ones I send you in my new weekly watchlist. But now I want to know which stocks you’d like to see rankings for! All you have to do is reply directly to this email with your tickers!  2 Years in the Making, 1 Controversial Strategy Millions of traders lose money every day.    Imagine being able to flip their losers into winners…   Discover the simple trick that’s been two years in the making, taking the winning side of losing trades! It’s helped dozens of new traders see profits like 78%... 82%.... 91%... and even triple digits!   That trick? Proper positioning against the worst traders on the planet… Click Here to See How! ________________________________________________________ 2 Agriculture Stocks That’ll Grow Your Portfolio in Q4 October 13, 2021 When I figured out the surge in demand for agricultural commodities is impacting things like fertilizers, you bet your bottom dollar that I got in on the trend. Continue Reading Combat Market Volatility With These 2 Defensive Stocks October 11, 2021 The best thing we can do is start shifting our money into defensive stocks that go up during both bullish and bearish cycles. Continue Reading A WealthPress Publication   Disclaimer & Disclosures The information in this email is intended for informational purposes only and does not guarantee specific results as there is a high degree of risk involved with trading. Also, our traders are real traders and may have financial interests in the companies discussed.  Please see our  Terms and Conditions for more information. Manage Your Email Preferences Unsubscribe This email was sent by: WealthPress 7751 Belfort Parkway #120 Jacksonville, FL, 32556, US Roger Scott Update Profile