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My Top Short Trades as the Fed Prepares to Raise Rates

by | May 2, 2023

The major indexes slipped Tuesday morning as investors braced for the Federal Reserve’s upcoming interest rate decision.

The Fed is expected to announce another 0.25% rate hike at the conclusion of its two-day meeting at 2 p.m. ET on Wednesday afternoon.

Investors will also listen to learn if the Fed plans to hold rates steady following its next hike, or plans to continue tightening monetary policy.

In this morning’s stock market recap video, I’ll discuss what to expect from the Fed… what the major catalyst is for the market right now… if chip stocks are outperforming the market… which sector is the safest bet during earnings… which sectors I’m staying away from right now… why bonds have been so darn volatile these past few days… plus the top stocks I’m looking to sell short!

Don’t forget to like, subscribe and leave your comments and questions on our YouTube videos — we will respond!

P.S. Unveiling the Hidden Stock Calendar with Jack Carter

There have been a lot of ups and downs in the stock market lately… And if you’re like most traders, you’re tired of it!

Well, my friend and fellow trader Jack Carter has something exciting to share that could be a game-changer during difficult market conditions like these…

It’s a hidden stock “calendar” that he recently discovered.

He just held a special presentation to reveal the calendar and 10 potential trades it’s highlighting right now!

Watch Jack’s Presentation

P.P.S. When it comes to trading, every second counts. And in choppy markets like these, often driven by headlines, stocks can make big moves in a flash.

That’s why I want you to get my latest trading ideas and market updates as fast as possible. So I’m rolling out an all-new option for my students to receive trade alerts with Telegram!

Telegram allows me to get trade ideas, videos and watchlists to you in a matter of seconds.

Check out this short article we put together with instructions on how to download telegram and access my private channel. Go here to get the details. 

On Tuesdays, I’ll detail the strongest and weakest sectors in the entire market. I’ll tell you exactly where I’d put my money and go long, and which ones I’d avoid or even short. Using my proprietary momentum indicator, you’ll get actionable ideas on every market sector, every single Tuesday.

Need help understanding some basics that we discuss frequently? Check out some of our educational pieces to help get yourself up to speed! Have a question or a topic you’d like us to explain in a future article? Send your thoughts to support@marketgeeks.com!

Check back each morning for the Roger Scott newsletter and the most important news and numbers in the WealthPress stock market recap.

WRITTEN BY<br>Roger Scott

Roger Scott

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