See how Jeffry’s been able to go 82-0 on the same trade for 32 months straight — LIVE at 2 p.m. ET!
We’re seeing a little bit of a bounce this morning across all three major indexes, but I don’t trust it at all just yet…
Markets are hopeful of some relief in Trump’s ongoing tariff spat with Canada and Mexico after the president made more threats Tuesday. All of this back and forth is roiling the market and creating a lot of volatility.
Bank stocks took a big dump yesterday because of all the tariff news, and retail earnings haven’t been great so far as Best Buy (BBY) fell double digits.
One sector that had a good day Tuesday? Chip stocks!
Marvell (MRVL) and Advanced Micro Devices (AMD) rose nearly 3% and 2%, respectively, and they’re all looking up again ahead of the open this morning with the SMH ETF up 1.2%.
The bond market (TLT) is cooling off, which is inflationary, but I think it’s more of a flight to quality because money may be coming into the market — we’ll have to wait and see on this.
The U.S. dollar is also coming down…
I’ll cover all that, my daily hitlist of longs and shorts and more in this morning’s “Premarket Must Watch” video!
Roger Scott
Roger Scott Trading
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P.S. Roger and Jeffry Will LIVE for the Income Glitch Summit at 2 PM ET!
Come see how Jeffry’s been able to go 82-0 on the same trade for 32 months straight…
And how you can tag along for what could be win No. 83!
