Futures are flat as the markets await data from several important reports — and more in Tuesday’s stock market recap.
Tuesday is all about energy and supply chain issues, with the report for international trade in goods and services being released. This report gives us an idea of how supply chain issues are impacting the economy.
And the fact that COVID-19 hit our supply chains hard could be nothing compared to the impact of the war between Russia and Ukraine.
The prices for oil and other commodities are already soaring, with oil surging to its highest price in 14 years over concerns regarding supply, especially as the U.S. is set to ban oil from Russia.
In this morning’s stock market recap video, you’ll discover what Federal Reserve data will impact the market the most… key price levels on the major indices… whether volatility is increasing or not…. a deep dive into the 11 major sectors… the strongest and weakest stocks… plus low-hanging fruit opportunities in three sectors right now.
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. 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.
P.P.S. Traders Left to Fend for Themselves
Funds and institutions use algorithmic trading to give themselves an almost unfair advantage over the rest of the market… leaving other traders to fend for themselves.
That’s why I created this brand-new e-book where I breakdown how Wall Street has found a way to win no matter what direction the market goes.
I’m going live at 1 p.m. EST today, Tuesday, March 8, to break down how my strategy works, and how any trader can use it to battle the algos in the market right now.
Click Here to Get My E-Book and Register for Today’s Event!
Stock Market Recap: By the Numbers
This morning’s stock market futures recap:
DOW (mini)
- Close: 32,817.38.
- Futures: 32,778.
- Change: +1.
S&P 500 (mini)
- Close: 4,201.09.
- Futures: 4,196.25.
- Change: -2.25.
NASDAQ (mini)
- Close: 13,319.38.
- Futures: 13,279.75.
- Change: -41.
RUSSELL (mini)
- Close: 1,951.33.
- Futures: 1,953.5.
- Change: +2.8.
Note: Updated as of 9:21 a.m. EST
On Tuesdays, I’ll detail the strongest and weakest sectors in the entire market. I’ll tell you exactly where I’d put my money and go long, and which ones I’d avoid or even short. Using my proprietary momentum indicator, you’ll get actionable ideas on every market sector, every single Tuesday.
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.
