I’ll be live at 1 p.m. ET TODAY to give my top economic, sector and No. 1 stock projections for Q2!
The Dow is down about 200 points and the Nasdaq is down about 90 points premarket, which is significant.
It’s a gap down day at the open, which allows for some of the best trading days. The idea is to find the strongest stocks holding up best after the fall.
If the market is strong, you’ll generally see a turnaround later in the day.
We have a lot of Federal Reserve speakers up today, but I don’t think they’ll say anything to move markets.
Something else to watch today is the Health Care sector after U.S. regulators said Monday that payments to Medicare Advantage plans will only rise by 3.67% on average in 2025.
I actually said Humana (HUM) is my No. 1 bearish stock for 2024 back in December. Since then, it’s down over 30%. If you want another one of my stocks just like this, be sure and join me at 1 p.m. ET TODAY!
Homebuilders is also a sector to watch today, and it will be interesting to see if Tech can gain some steam.
I’ll cover all that and more in this morning’s “Premarket Must Watch” video!
Roger Scott
Roger Scott Trading
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P.S. Get My Top Q2 Projections LIVE at 1pm ET TODAY
As we step into the second quarter of 2024, emotions are running high…
Questions are swirling…
When will we see a rate cut? Can we expect inflation to spike once again? Is a soft landing still on the table?
So, where do you stand? Are concerns about 2024’s market trajectory keeping you up at night?
Regardless of your current sentiments, my aim is for you to enter this new quarter not just ready, but brimming with confidence, equipped with the finest tools, and a robust plan of action.
That’s why I’m inviting you to a unique event I’m hosting called “Fresh Highs: A Q2 Market Outlook,” happening live at 1 p.m. Eastern today.
I’ll share my key predictions, sectors to keep an eye on and, best of all, my top stock pick for the quarter.
