Stocks are down around 1% premarket thanks to overnight news that central banks around the world will raise interest rates. I’ll cover that and other market-moving news you may have missed, plus give you an update on critical levels to watch in Friday’s video.
And since it’s Friday, we’ll also review the week that was… We’ll discuss how our trades did, what we learned and how to apply it to next week’s trading plan, and any developing trade setups. This video will put a bow on the week.
We’ll also go over trades from my different member strategies, and you’ll get my latest tips and tricks from my new “Algo Corner” Friday segment!
In today’s video, you’ll get…
An update on the global economy and why it’s pushing U.S. stocks lower… an update on momentum levels… why volatility is muted to the upside… critical support levels for major indexes… an update on consumer discretionary stocks… a recap of a Code Breaker Alerts trade… and what to expect next week from stocks.
By the way, I put together an educational session you can watch NOW about my Code Breaker strategy.
You’ll have access to all the details of my algo strategy, plus the top stocks straight from my watchlist.
Get the names and tickers here.
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!
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.
