The S&P 500, Nasdaq and Dow all logged their best weekly performance since November 2020 last week — and more in Monday’s stock market recap.
All three indices broke multi-week losing streaks on Friday, with the S&P 500 gaining nearly 6.2% for the week, the Dow 5.5% and the Nasdaq 8.2%.
The markets were steady Monday morning following a turbulent weekend.
All eyes are still on the war as Ukraine rejected Russia’s demand to surrender its port city of Mariupol.
Dow stock Boeing Co. (NYSE: BA) was also down premarket following the crash of a 737-800 jet in China with 132 people on board.
In this morning’s stock market recap video, you’ll discover major resistance levels on the big indices… whether volatility is moving higher or lower… an update on the bond market… a key takeaway from major sector analysis… plus an update on all the threats and opportunities ahead of us this week.
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. In a Sea of Red, I Found Some Green!
There’s a right way and a wrong way to trade this volatility.
The secret to finding winning trades right now is all in what I call the “Super Stocks.”
I’m going live at 1 p.m. EDT on Tuesday, March 22, to break down a strategy that will help investors take a more systematic approach to trading.
But first, I recommend potential attendees read a free e-book so they can better understand all the information I’ll be giving on Tuesday.
In it, I talk about the No. 1 mistake traders make that allows Wall Street algorithms to rob them blind. I also reverse engineer the algorithmic system I use in the strategy to show everyone exactly how it works.
Click Here to Get My New E-book and Register for Tuesday’s Class!
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.
Stock Market Recap: By the Numbers
This morning’s stock market futures recap:
DOW (mini)
- Close: 34,754.93.
- Futures: 34,592.
- Change: -42.
S&P 500 (mini)
- Close: 4,463.12.
- Futures: 4,454.
- Change: +0.25.
NASDAQ (mini)
- Close: 14,420.08.
- Futures: 14,372.25.
- Change: -41.25.
RUSSELL (mini)
- Close: 2,086.14.
- Futures: 2,081.6.
- Change: +1.4.
Note: Updated as of 9:22 a.m. EDT
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.
