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ON DECK FOR TODAY’S VIP TRADE ROOM: Monday-Wednesday: noon ET | Thursday-Friday: 11 a.m. ET Double top consolidation or new leg up and how high could energy stocks climb? Best sector for upside, a fizzling industrial rally and potential chip stock sale. Plus, my top and bottom stocks — with options! TSLA Sell-Off, GOOGL Accumulation, Energy Breakout, Bonds Breakdown, Momentum and My Hitlist Keep your eye on chip and bank stocks Wednesday after Intel and Ally Financial, respectively, each received downgrades. The Dow is flat and the Nasdaq is down a bit premarket ahead of an OPEC meeting and more scheduled Federal Reserve speakers, including Chair Jerome Powell at 12:10 p.m. ET. The latest ADP nonfarm employment change showed 184,000 jobs were added in March versus estimates of 150,000, which is not good news for people hoping for a rate cut after the biggest jump in hiring since July. I don’t believe this report is particularly accurate, especially over the last 15 sessions or so, so I don’t know if it’s really worth paying attention to in terms of what it says. It is important, however, to pay attention to how it can affect the market… We’ll learn more on Friday with the Employment Situation report, which will tell us average hourly earnings and the unemployment rate. The bond market (TLT), meanwhile, crapped out on Tuesday... The bond market going lower tells us rates are going to go higher — which is why stocks fell hard Tuesday. So there’s a big, big disconnect in the market right now, BUT, the bond market has been wrong more this year than I’ve ever seen. So I don’t know how meaningful it is… See My Most Shocking Q2 Predictions Later Today! I’ll be live later today with a special presentation I call “Fresh Highs: A Q2 Market Outlook.” Be sure to be there at 1 p.m. Eastern because I’m going to share some BIG predictions for stocks, oil, bonds and, yes, even crypto. You’re bound to be shocked by a few of them! Plus, I’m also sharing my top two stock picks for the second quarter of 2024! If you’re serious about trading and investing, you’re going to have an absolute blast! 🎥 LIVE TRADE ROOM ACCESS 🎥 Join me and dozens of traders each day inside my LIVE VIP Trade Room! Each day, we analyze the markets together, build relationships and, more importantly… go over market education and new trade ideas! With the VIP Trade Room, you’ll have the opportunity to multiply your trading knowledge and confidence as quickly as possible. I’ll take the time to answer all of your trading questions, so fire away! Make sure to join us LIVE each day! SCHEDULE:
JOIN US HERE: http://rogerscott.com/viproom CUSTOMER STORY OF THE DAY Made 20 percent on GDYN 12.50 Puts EXp 4-19. And made 33 percent on MSFT Calls from your morning briefing last week. In Medical School we called our best professors method as “spoon feeding “ us the important pearls. You are spoon feeding us the market analysis each morning. I’m learning a lot from your methods. Thanks — Dan Follow along and join the conversation for real-time analysis, trade ideas, market insights and more!
*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. |
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No, seriously - I am curious. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ...
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