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ON DECK FOR TODAY’S VIP TRADE ROOM: Monday-Wednesday: noon ET | Thursday-Friday: 11 a.m. ET Are we about to test old highs, will small caps see upside with bonds signaling deflation, and which sector will lead? Weaker commodity prices and basic materials, an attitude for long-term success and fast-moving stocks! Critical Nasdaq Levels, SPY Is Breaking Its 50-Day Line and BIG News Ahead Markets are up as we head into the final trading day of what’s been a big week in what is historically the worst month of the year for stocks. I was concerned that Adobe (ADBE) earnings would put a damper on things after it fell about 8%, but it only accounts for about 1.64% of the Nasdaq 100 (QQQ). Adobe can, however, have a big impact on big stocks like Microsoft (MSFT) and Inuit (INTU), so we could see a little weakness in software companies. Otherwise, tech looks pretty good this morning ahead of the open, all things considered. The Nasdaq is now above its 50-day average, so the big question is whether or not it will now fall back, or continue to gain steam. We won’t see much impact from today’s economic reports, which include Consumer Sentiment at 10 a.m. ET. I’ve been bullish on gold the past several days, and it’s breaking out to $2,600 an ounce — I still like the top stocks in this sector. Crude oil, however, is an entirely different story… LIVE at NOON ET TODAY: 3 Stocks to Combat the September Swoo… and More! I’m opening up the live room at noon ET TODAY, Sept. 13, to reveal THREE stocks on my watchlist to help you battle September’s usual swoon in the markets. These stocks are currently glued to this predictable pink indicator line… Which means they could be poised to cross above it for an entry at any moment. Once that happens, we’ll have the ability to target trades outperforming the market during the worst month of the year. Obviously, I cannot promise future results or shield against losses but… You can see the names of those tickers… 🎥 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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