This week is going to be all about the Federal Reserve. Chair Jerome Powell speaks Tuesday and Wednesday morning, while Vice Chair Lael Brainard and President and CEO of the Federal Reserve Bank of New York, John C. Williams, both speak Friday, among others…
We also have reports on consumer confidence on Tuesday, gross domestic product and jobless claims on Thursday, and consumer sentiment on Friday.
I’m most concerned to see how GDP holds up, especially personal consumption expenditures. We want to see this number heating up because that will indicate that people are spending more.
In this morning’s stock market recap video, I’ll discuss what’s been causing U.S. stocks to slide the past few sessions… if the bond market is finally overdone… which sector is set to hold up best during the corrections… which three sectors show the most stability… an update on market sentiment and the weekly Fed agenda… which sector remains bearish… plus the stocks I love and hate 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!
I’m often asked how traders can participate in my upcoming projects…
The answer has always been the same…
When I have something, you’ll be among the first to know.
And right now, this is me letting you know!
What I uncovered in this new strategy shook me to my core…
And I just went LIVE for the full reveal!
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.
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 email@example.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.