Stocks are trending higher to kick off a new trading week that includes a couple of big earnings reports from Nvidia and a number of big retail companies.
We have a lot of Federal Reserve speakers on deck for this week, including five today and six Tuesday, and they’re likely to keep telling the market we aren’t getting a rate cut anytime soon…
We also have the latest FOMC minutes dump at 2 p.m. ET on Wednesday. Here’s something to keep in mind…
What’s happening next week?
The first major holiday of the summer, Memorial Day. And that means the week will be fragmented, and the end of this week is also likely to be light as people take off.
Tuesday and Wednesday of next week will also be muted. This is a good time for selling premium, which will talk about more as the week goes on.
I’ll cover all that, my daily hitlist of longs and shorts and more in this morning’s “Premarket Must Watch” video!
Roger Scott
Roger Scott Trading
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