We can all agree that the Nasdaq triggered the downward selling pressure we���re seeing, right?

To view this email as a web page, go here.

Published: January 26, 2022 My Go-to Trade When Markets Are Volatile We can all agree that the Nasdaq triggered most of the downward selling pressure we’re seeing, right? It’s just full of big, index-swaying names like Apple, Microsoft, Amazon, Meta (Facebook), Intel and Nvidia!    The number of Nasdaq 100 stocks trading above their 50-day moving averages right now is only about 11%.    That number hasn’t been this low since the COVID-19 crash in 2020!    But the point I want to make is that it doesn’t often fall to these levels. And if it does, odds are the markets will go back up.    That’s why I believe we should turn all of our focus to trades we can take when markets are volatile… Just Like This! ________________________________________________________ Roger Scott 27+ years of trading experience. Traded multi-million dollar accounts and has trained thousands of new and experienced traders. ________________________________________________________ Here’s What’s Next as Markets Bounce Following Strong Retail Sales The markets traded higher following encouraging data on Tuesday, ahead of Wednesday’s Federal Open Market Committee meeting — and more in Wednesday’s stock market recap.   On Tuesday, we had consumer confidence data and the Redbook, a private report on retail sales. As I’ve said many times before, retail sales make up two-thirds of our economy, so they’re important numbers to pay attention to because of their ability to impact the markets.   Both reports came in better than expected, setting a positive tone for Wednesday’s retail inventories report and Thursday’s gross domestic product data.   Federal Reserve Chair Jerome Powell will also speak following the central bank’s two-day meeting Wednesday afternoon. He’s expected to signal an interest rate hike as early as March, as well as further tightening on monetary policy.    In this stock market recap video, you'll discover how the market is interpreting key Fed data… whether stocks are set to rise or fall… crucial levels for all three major indices… what to expect from the market on Wednesday… plus my top ETF, complete with option price! Get the ETF 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!  How I Nailed 13 Times What the S&P 500 Returned… Compared to the 8% return the S&P 500 has yielded since October…   I’ve used a unique trading tactic to generate an overall 134% return during the same time period… All generated by moves in the S&P 500!   But this strategy isn’t only geared to go long in the strongest sectors…    It’s also designed to short the weakest sector, so when days like Monday happen… and our strongest positions turn to the downside…    We’re at peace, knowing our risk is limited and our portfolio is hedged. Get It Here! ________________________________________________________ Toolbox: 1 Day Trading Indicator That Actually Works: The U-Turn Pattern I’m always looking for simple strategies that we can apply to day trading with short-term price patterns and indicators. One of the easiest to learn — and one of the first ones I teach new traders — is the U-turn trading pattern.   Learn About It Here ________________________________________________________ ________________________________________________________ Citigroup’s Top 20 Stocks — Fade Them or Trade Them? January 23, 2022 Believe it or not, but most financial institutions have an unlimited amount of money to throw at analysts…  Continue Reading The Top 11 Consumer Staples Stocks for 2022 January 24, 2022 Whether we believe the markets are headed up or down, they’re a great way for people to ground their trading accounts and reduce volatility and negative exposure… 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