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ON DECK FOR TODAY’S VIP TRADE ROOM: Monday-Wednesday: noon ET | Thursday-Friday: 11 a.m. ET Earnings scorecard, momentum levels for short-term price action, levels for the major indices, volatility, isolating sectors moving directionally, and the fastest-moving stocks — with options to leverage today’s edge! Why This Market Is so Hard to Day and Swing Trade Stocks are relatively flat premarket with a few interesting earnings plays to watch today. Eli Lilly (LLY) is up over 12% after reporting before the open. We have some decent reports left but earnings season is beginning to slow down. We didn’t have any big premarket catalysts aside from jobless claims, but this report is broken in my mind because it’s been in the low-200K range for the past three years. We’ve had a lot of nondirectional volatility this week, which makes it very difficult to make short day and swing trades. In markets like this, it’s best to sit on your hands and wait for a directional bias. Otherwise, you just get whipsawed back and forth. Here’s a broad, general rule of thumb for markets… Usually but not all the time, when you’re in a true bullish phase, markets tend to open lower and then rise through the day. When you’re in a bearish phase, markets tend to open higher and fall lower as the day goes on. This is just a general observation and not something you can build a timing strategy around. But it is a good wrinkle to keep in mind! We’ll cover levels and stocks to watch… Did You Catch My BIGGEST Event of the Summer? If you missed August Seasonality Surge… it’s not too late! But you’ll want to do it ASAP because I just gave away THREE stocks with “Wealth Windows” that just opened. This means these three stocks could be gearing up for an explosive move to the upside, just like they have year after year in the past… And that’s based on DECADES of data! Now, I don’t want to reveal all the secrets in this short email… And of course, I cannot promise future returns or against losses... But if you want the tickers of these three three stocks and see our specific trading plan for free… The profits and performance shown are not typical and you may lose money. The trades expressed are based on historical signals from the new Data Mining Software to demonstrate the potential of the trading tool. While we have been using the Data Mining Software with great success, we cannot guarantee any future results. 🎥 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 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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ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. The TradingPub provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. Unsubscribe |
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