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Join Graham and Roger LIVE at 1 p.m. ET TODAY for their No. 1 ‘hotspot dates’ stock, and see the tech behind it! I wanted to send an update expanding a bit on something I covered in my morning video: today’s Federal Open Market Committee meeting rate decision and comments from Chair Jerome Powell following at 2:30 p.m. ET. No, we will not get a rate cut today. The CME FedWatch Tool has the chances of us staying in the current 5.25% to 5.5% range at 99%. The chances of us staying in the same range after the May FOMC meeting are at 94.1%. Powell said “we are not far” from gaining confidence that inflation is heading to a sustainable target of 2%, the Fed’s mandated goal. And since that time, a few damning things have happened… The Consumer and Producer Price indexes — an inflation gauge used by the Fed — came in above estimates. Retail spending — which makes up two-thirds of the U.S. economy — slowed. And unemployment rose to 3.9%, which is higher than expected. The two main things I’m focused on today is whether he talks about pushing rate cuts back to the fourth quarter, and how many cuts he expects to happen over the next 12 months. I don’t think he’ll do a full 180 because he’s under political pressure to act, so it will be interesting to see how things shake out later today — get your popcorn ready! Before Powell speaks at 2:30 p.m. ET, Graham Lindman and I are hosting a special session to cover my new “hotspot dates” technology at 1 p.m. ET. We’ll also give everyone in attendance our highest conviction, No. 1 hotspot seasonality stock, just for coming! The excitement around my new tech has been massive this week and I expect another full house of people ready to see it in action! Just go here to join us at 1 o’clock! Roger Scott Roger Scott Trading Follow along and join the conversation for real-time analysis, trade ideas, market insights and more! Telegram: https://t.me/+_vmfwkeP8fA5YWQ5 *This is for informational and educational purposes only. There is an inherent risk in trading, so trade at your own risk. Join Graham and Roger LIVE at 1 p.m. ET TODAY for Their No. 1 Hotspot Seasonality Stock! Wow, what a kickoff week we’ve had — and it’s not over yet! My “hotspot dates” debut has been a monster hit, and I’m glad to see so many of you as excited as I am about its potential! I’m going live again today at 1 p.m. ET today, March 19, with special guest Graham Lindman! Not only will we dive into the ins and outs of this groundbreaking tech, but we'll also share our No. 1 hotspot seasonality stock! After pouring nine months into crafting this tool, I couldn’t be happier to see the enthusiasm. This tech is all about giving us a leg up by pinpointing those critical “hotspot dates” when our favorite stocks are primed to jump. It’s pretty straightforward… Look out for those standout green windows on your calendar, and get your trades ready to roll before they open up. So, don’t miss out — join us at 1 p.m. ET today and… The Average Market Move on FOMC Day Here's a cool look at the average FOMC day market move from BeSpoke… That green line in the chart below is the average market move since March 2022 when the Fed started raising rates. Let's hope we get THAT or better today 😎 My expectation is "no change" and that the Fed will say something along the lines of "we still see rate cuts later in the year and will act according to the data." Want to get a link to TradingPub content, trade ideas, real-time market analysis and educational tidbits? We have you covered! Telegram is an entirely free messaging app and getting access is as easy as 1… 2… 3… 1. Download Telegram on your mobile device (Before you can add Telegram to your desktop computer, you must download the application on your phone and create your account: To download to your iPhone, click here. To download to your Android device, click here. After the download is complete, please create an account. NOTE: You can manage your privacy settings by clicking “Settings,” and then “Privacy & Security.” 2. Download Telegram on your desktop: Once you’ve downloaded Telegram onto your mobile device and created your personal account, you can download it onto your desktop computer. To download onto your PC, click here. To download onto your MacOS, click here. 3. Then add our channels by clicking these links!
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