The major indexes are flat as investors weigh recession risks — and more in Monday’s stock market recap.
A lot of institutions and professional traders are already taking time off as we head into the holidays, leaving the market to smaller retail traders.
Any moves that occur during market hours during this time of the year tend to not be sustainable — without much volume, there’s not a lot of follow-through.
During times like these, I like to exercise more caution and hesitate to react to both breakouts and breakdowns.
In this morning’s stock market recap video, I’ll discuss important levels on the bond market… key reports to keep an eye on this week… and why I don’t think we’ll have a Santa Claus rally this year!
Don’t forget to like, subscribe and leave your comments and questions on our YouTube videos — we will respond!
P.S. Don’t Miss This Live Training!
With the markets so unpredictable and volatile lately, it’s been tricky to trade, even for pros.
That’s why I love my Quantum Indicator.
It allows me to quickly scan for stocks due for a pullback or bounce, signaling potential long and short trades.
And I’m going live at 1 p.m. ET on Wednesday, Dec. 21, to share how it works… what it’s signaling… and how it can be a great addition to any trader’s toolbox.
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.
To kick off the week, each Monday video will outline my weekly outlook and any actionable announcements, news or catalysts I’m watching. I’ll also outline exactly which opportunities I expect to unfold in the coming five trading days, so check out this short video for more information!
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!
- What Is the Dow and How Does It Work?
- A Beginner’s Guide to the Nasdaq and How to Trade It
- What Companies Make up the S&P 500 and How Can I Trade It?
- What Is the VIX? Understanding Stock Market Volatility
- A Beginner’s Guide to Stock Sector Analysis and Relative Strength
- How to Pick Winning Stocks With Simple Market Analysis Tools
Check back each morning for the Roger Scott newsletter and the most important news and numbers in the WealthPress stock market recap.
