The market is opening soft, with the major indices all down, and we have a lot of Federal Reserve data coming this week.
Nothing major, but a lot of individual reports. We also have earnings, earnings, earnings coming — I posted a doc in my Telegram channel where you can find all of the companies reporting, and their stocks’ expected moves.
I have concerns about the bond market breaking below key levels, which would be bad for stocks and likely lead to a bigger market downturn.
The strongest sectors currently include Consumer Staples and Health Care, while Consumer Discretionary appears weak.
I also have a full hit list of stocks I’m watching this week…
I’ll cover all that and more in this morning’s “Premarket Must Watch” video!
In today’s all-new briefing… I’ll discuss how to navigate the current stock market levels… if bonds will revert higher or break down hard… if stocks will finally make all-time highs or retrace… my top 3 sectors that have solid relative strength… which stocks to avoid right now and why… and if small caps are ready for action or breaking down?
Roger Scott
Roger Scott Trading
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P.S. Today’s the Day: The World Premiere of My ‘Gap to Green’ Phenomenon!
I couldn’t be more excited because something I’ve been cooking up is finally ready for the big stage!
That’s right, at 1 p.m. ET today, Jan. 16, I’m hosting the world premier of a new strategy…
Think about this…
Say a stock like Apple, Tesla or Nvidia — you know, the cream of the crop — were to suddenly tank overnight from a bad headline.
Well, if these stocks meet my criteria, they could be ripe for a double-digit opportunity when they fill the gap back to the upside.
So join me at 1 o’clock ET to learn the specifics of this “Gap to Green” phenomenon!