The market is showing bullish sentiment despite cautious comments from Federal Reserve officials regarding interest rate cuts.
I’ve been saying I think people are getting way ahead of themselves expecting a rate cut as soon as March.
Meanwhile, the stock market is still bullish, but the bond market indicates belief in rate cuts.
Fed officials have downplayed the likelihood of aggressive rate cuts, contradicting market sentiment, which shows a 68% chance of a 0.25% cut by March, according to the CME FedWatch Tool.
Key reports such as GDP, personal income, housing starts, and earnings from FedEx, Nike, and others will impact market direction this week.
The Industrial, Technology and Consumer Discretionary sectors look strong, while interest rate-sensitive sectors and midcaps are showing signs of cooling off.
I’ll cover all that and more in this morning’s “Premarket Must Watch” video!
In today’s all-new briefing…
I’ll discuss whether or not bonds are ready for a breakdown… the biggest news to pay attention to this week… which sectors are showing signs of selling pressure… how the market is setting itself up for year end… earnings we need to follow closely… and key levels we need to watch carefully!
Roger Scott Trading
Follow along and join the conversation for real-time analysis, trade ideas, market insights and more!
- Telegram: https://t.me/+FlOoWSAseoFjNDUx
- YouTube: https://www.youtube.com/@Roger-Scott/videos
- Instagram: https://www.instagram.com/thetradingpub/
- Facebook: https://www.facebook.com/TheTradingPubOfficial
Craving the insider’s edge of a Wall Street whiz?
Tired of the same old trading slip-ups haunting your portfolio?
Then it’s time to check out my ProTrader Dashboard – your trading revolution.
This isn’t just a tool… It’s darn near three decades of my personal market expertise condensed into over 3,000 lines of precision code. Just copy, paste into Thinkorswim, and watch the transformation begin.
I’m talking crystal-clear price action, relative strength indicators and pure trading logic without the emotion — it’s all baked in for you.
Strip away gimmicky indicators and zoom in on what truly counts for day-to-day trading.
Ready for the ultimate market advantage? It’s here, and it couldn’t be simpler!