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Big Consolidation or Major Breakout Ahead? Plus the No. 1 Sector!

by | Jul 7, 2022

The major indexes are poised to open higher as volatility cools off — and more in Thursday’s stock market recap.

The fact that volatility is cooling off is a good sign. And if it continues its downward trend, it’ll be bullish for the market.

Another good sign is that the bond market continues to trade sideways.

We’re at a higher risk for a recession right now… And when we’re at a higher risk for a recession, the Federal Reserve is likely to refrain from raising interest rates to avoid adding further stress to the economy. And by trading sideways, the bond market is pricing that in.

In this morning’s stock market recap video, you’ll learn why I’m expecting volatility to decline in the near term… whether stocks will continue following the long bond… which sectors would thrive during a recession… whether energy will rally again or fall out of bed… how to prepare yourself for the next quarter… plus the biggest indicator and what it means for stocks.

Don’t forget to like and subscribe to our YouTube channel if you haven’t already so you can be notified as soon as we post our next video and see what other trade opportunities we’re paying close attention to!

P.S. Urgent Training Session at 1 p.m. EDT Today!

The market sits at a major crossroad.

No one knows for sure which way the market will move next. And anyone that tells you otherwise is lying.

That’s why it’s critical to use strategies that have the opportunity to do well – regardless of which direction the market moves. And that’s why I’ve baked it into a strategy that I’ll be sharing at 1 p.m. EDT today, at no cost!

Join the Session Here 

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. 

Each Thursday, I’ll combine two of my favorite things into a big-money opportunity: options plays and ETFs. Using options, we can turn momentum analysis of a specific sector — or even an entire country’s stock market — into an actionable trade with double- or triple-digit upside potential. I’ll give you all the details you need to execute this plan.

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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