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Reversal or Downtrend Continuation for a BIG Week of Fed Data? Top Sectors and Fast-Moving Stocks!

by | Aug 12, 2024

It’s going to be a busy, busy week with a ton of crucial Fed data and earnings to consider

Here’s a doc with the expected moves for the biggest stockist this week. 

About 98% of the S&P 500 companies have already reported, and then we’ll have small caps reporting after this week. 

For the big Fed data, we have the Producer and Consumer Price Index reports at 8:30 a.m. ET on Tuesday and Wednesday, respectively. Normally, the CPI comes out first and is the more important of the two. 

We should see some big movements in volatility because these are likely to be the most important reports ahead of a potential September rate cut. 

We also have Retail Sales on Thursday, and Consumer Sentiment on Friday, which can also move markets, along with some other important data. 

Today’s levels will be crucial to watch, so I’ll cover those in today’s video…

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

Follow along and join the conversation for real-time analysis, trade ideas, market insights and more!

P.S. Get Ready for the Coming Volatility…

I can’t wait to show everyone the inner workings of the “Gap to Recovery” setup with Nate Tucci, LIVE at 1 p.m. ET TODAY, Aug. 12.

You can join us here!

This will be a fun, informative, no-holds-barred demonstration of a setup that absolutely SHINES in a volatile market. 

I know a lot of traders start to sweat when they say crazy swings in the chart…

But me? I love ’em!

When there’s a big tug of war between bulls and bears… 

I’m like a kid in a candy store because there’s a new way to trade that’s ONLY possible with falling stocks…

A way that Nate and I would love to share with you later today. 

Plus, we’re going to reveal the No. 1 asset we have our eyes on right now. 

If that sounds interesting to you… 

Join Us By 1 p.m. ET SHARP

WRITTEN BY<br>Roger Scott

WRITTEN BY
Roger Scott

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