It’s the final low-volume trading day of the holiday season before things start to pick up again, and the markets are down a little beyond random on the tech side (QQQ)…
A week ago, there were 88 stocks making new 50-day highs and just three stocks making 50-day lows. That’s not the case today, but the market hasn’t really been ready to start trading to the short side just yet…
But we’re getting closer.
What we’re still waiting to see is who is going to take control: the bulls or the bears. Until the market really shows its hand to the downside — no soup!
We must be patient…
I’ll cover all that and more in this morning’s “Premarket Must Watch” video!
In today’s all-new briefing…
I’ll discuss current momentum levels… the best time to NOT take trades… what my scanner is telling me… the top sectors to watch right now… if Financials and Health Care have more upside left… and when will the bears start waking up?
Roger Scott Trading
Follow along and join the conversation for real-time analysis, trade ideas, market insights and more!
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P.S. There’s a strange market phenomenon that very few traders know about….
Certain stocks have gone up on the same days every year for the past decade, over and over again without fail.
And anyone privy to these tickers and dates can play these stocks with options for the chance at outsized returns.
While we can’t guarantee future returns or against losses, the power behind these “On the Clock Stocks” is undeniable…
And Graham wants to give YOU his top 2 On the Clock Stocks for the rest of the month of January at absolutely no cost to you!