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Blue Chips or Tech Leading? NVDA, HD, WMT, a Bond Breakdown, Sector Rotation and My Morning Hit List

by | Feb 20, 2024

Everything is down more than random to start the new trading week, and most of the trouble resides in the Nasdaq — no surprise there!

Whenever we have a short week, volume won’t start picking up until after the first day or two. 

It’s also a pretty slow week for Federal Reserve data, including the FOMC minutes coming at 2 p.m. ET on Wednesday, which I don’t expect will tell us anything we don’t already know. 

This is the last big week of earnings, with Nvidia on deck after the close on Wednesday, before mid-cap stocks take center stage. 

We already know we’re not getting rate cuts any time soon, and I believe the market is finally pricing that in. So I expect this minutes dump will be a big nothing burger. 

I’ll cover all that and more in this morning’s “Premarket Must Watch” video!

I’ll cover all that and more in this morning’s “Premarket Must Watch” video!

Roger Scott
Roger Scott Trading

Follow along and join the conversation for real-time analysis, trade ideas, market insights and more!

P.S. It’s the Game-Changer We’ve ALL Been Waiting For!

Jack Carter’s unleashing a game-changer at 1 p.m. ET on Wednesday, Feb. 21, and it’s not just a trading tool. 

It’s a revolutionary timer, and a culmination of his brilliant 30-plus-year legacy!

This timer springs to life after spotting “unusual” signals across select stocks with an astonishing 81% backtest accuracy. 

Remember the moves on Square back in March? Roku and DraftKings in November? Docusign in December? 

His timer nailed them! 

Right now, there’s about $8.8 trillion gearing up to flood the markets, and Jack is ready…

His record speaks volumes — the guy’s a former market maker! — but this timer might just steal the show.

The world premiere is drawing close, but only 500 people are getting full access at the launch!

Ready to be one of the few?

Save Your Spot Here

WRITTEN BY<br>Roger Scott

Roger Scott

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