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FOMC, Key Levels for Bonds and QQQ, Top Stocks, Chip Analysis and My Morning Hitlist!

by | Mar 20, 2024

We’ve been seeing rotations between blue chips one day and tech the next, and Wednesday will be a little different with the latest FOMC rate decision on the table. 

The announcement will come at 2 p.m. ET and Fed Chair Jerome Powell will speak at 2:30 p.m. We won’t get a rate cut today or likely any time soon, and the market will be muted up until then.

Even though we won’t get a cut, it will still be a market-moving event and Powell could reveal the Fed’s thinking about future rate cuts. 

Sentiment right now still believes there’s a 50% chance we’ll get a cut this summer. As long as Powell doesn’t spoil that sentiment, then the market should remain strong. 

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.See My No. 1 Hotspot Seasonality Stock LIVE at 1 p.m. ET TODAY

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My “hotspot dates” debut has been a monster hit, and I’m glad to see so many of you as excited as I am about its potential! 

I’m going live again today at 1 p.m. ET today, March 19, with special guest Graham Lindman!

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After pouring nine months into crafting this tool, I couldn’t be happier to see the enthusiasm. This tech is all about giving us a leg up by pinpointing those critical “hotspot dates” when our favorite stocks are primed to jump.

It’s pretty straightforward… 

Look out for those standout green windows on your calendar, and get your trades ready to roll before they open up.

So, don’t miss out — join us at 1 p.m. ET today and…

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WRITTEN BY<br>Roger Scott

Roger Scott

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