We have a fragmented market this week with bonds closed for Veterans Day on Monday, but we still have a big slate of earnings on deck that could provide some firepower.
Here are the top stocks reporting this week with their expected moves higher or lower — many of them are coming Tuesday.
So far this morning, the market is humming…
Liquidity will be lower, at least until the Consumer Price Index at 8:30 a.m. ET on Wednesday. Any time you have a fragmented week like this, it usually takes a day or two to get going.
So while I like what I see so far this morning, don’t expect much volatility. We’re also entering a bullish period in the market, so we should see continued upside.
Rate-sensitive stocks are seeing upside, and crypto is making all-time highs…
I’ll cover all that, my daily hitlist of longs and shorts and more in this morning’s “Premarket Must Watch” video!
Roger Scott
Roger Scott Trading
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P.S. You See This Pink Line?
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Neither do you need to bet on earnings reports…
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Open a trade the very next morning…
Just like I did with Bath & Body Works Inc (BBWI) back on Aug. 1…
Anyone who followed along could’ve come back to…
A mind-melting 82% return in one day!
Now, there were smaller wins, and I can’t promise that this pattern will stay undefeated forever but…
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P.S. This is the exact pattern I prefer to teach to our employees, because It doesn’t require them to be glued to the markets all day.
*The profits and performance shown are not typical, we make no future earnings claims, and you may lose money. From 7/15/2024 through 11/6/24, the average win rate on live, published trade alerts is 100%. The average return on options trades was 27.82% over a 3.83-day average hold time.
