The market closed strong near all-time highs Monday, but everything is down a little premarket, which isn’t unexpected.
In terms of earnings… oh boy, we have Starbucks, UPS, Microsoft, Google, AMD and more.
So it’s a big, big earnings day, making it a very tricky market to day trade — expect a lot of volatility. However, when the market opens lower, it makes it easier to find day and swing trades than when it opens higher.
We also have big Federal Reserve data coming through the rest of this week, which I’ll cover. We’ll get the latest interest rate decision from the Fed at 2 p.m. ET on Wednesday.
They will not raise rates right now, but we should find out a bit about where we stand for March when Chair Jerome Powell speaks at 2:30 p.m. ET.
I’ll cover all that and more in this morning’s “Premarket Must Watch” video!
Roger Scott Trading
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P.S. This Could Change How You Think About Options
At 1 p.m. Eastern today, I’m going to reveal a “pricing mismatch” in the options market that’s been known to deliver double- or even triple-digit returns from mere 1% moves in stock prices…
A stock doesn’t always need to make a big leap to potentially trigger a significant spike in its option prices.
Sounds a bit out there, right?
Even my publisher was skeptical — until I laid out the evidence.
So here’s the deal: You don’t have to take my word for it just yet…
Not until you’ve tuned in to today’s Dirt Cheap Options Summit!
We’re kicking off at precisely 1 p.m. ET, so don’t miss out — this could be a game-changer for your trading strategy.