Even if you don���t trade momentum stocks on a regular basis, you still need to learn how to spot the main trend���

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Published: December 21, 2021 How I Spot Momentum Stocks and Avoid False Breakouts Even if you don’t trade momentum stocks on a regular basis, you still need to learn how to spot the main trend.   I hate to be the bearer of bad news, but finding the main trend is the key behind momentum trading.     Whether you trade momentum or pullbacks, you must do it the right way.    Because it’s also a very dangerous game…   So I thought it’d be beneficial for me to show everyone how I trade momentum without getting false breakouts or stopped out prematurely. Follow My Lead… ________________________________________________________ Roger Scott 27+ years of trading experience. Traded multi-million dollar accounts and has trained thousands of new and experienced traders. ________________________________________________________ 1 Long and Short Trade as the Market Digests GDP Data The markets are steady after breaking a three-day losing streak while investors waited for the latest gross domestic product data.   The GDP is the biggest report of the quarter and will tell us if the economy is growing, and by how much.   This quarter’s GDP came in at 2.3%, right in line with consensus estimates of 2.1% to 2.3%. Had it been lower, the Federal Reserve might have had reason to reconsider its plan to pull back on bond purchases. But as it stands, the Fed will likely hold its course.    The Biden administration announced plans to hold a meeting to address ongoing supply chain issues. Private sector companies, such as transport business FedEx, and U.S. officials will discuss efforts to fix disruptions caused by the pandemic. In this stock market recap video, you’ll learn why Wednesday’s GDP data could shape market direction in the days to come… the most likely scenario for the bond market… and my favorite long and short stocks right now with options criteria. Get the Trades Here 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!  Want Bigger Trades? Try the Weekend Instead Anyone placing trades during the week may actually be stacking the deck against themselves…   Look, every week, thousands of headlines like earnings or bad news out of the Federal Reserve or China wreck what may seem to be perfectly good trade setups.    So instead of traders risking their hard-earned cash during the meat of the week, there’s a simple Friday afternoon strategy that is able to skip all of the madness… It taps into some of the most reliable forces in the market, already giving New Money Crew Head Trader Lance Ippolito direct access to trade gains like 90% on ZNGA… 96% on INTC… and even 610% on CRSR! Learn How It Works ________________________________________________________ Toolbox: A Breakdown is the movement of a market's price down through an established support level. ________________________________________________________ ________________________________________________________ STOP Fading These Strong Stocks… or Pay the Price December 19, 2021 Whenever the stock market gets close to hitting all-time highs, there’s always a group of traders asking me if it’s time to fade it. Continue Reading The No. 1 Indicator to Use for Pullback Trading December 20, 2021 It makes sense for there to be a ton of market volatility right now thanks to the holiday-fragmented week. 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