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The Fed, Rates in Focus as Tesla Earnings Could Be a Major Market Catalyst

by | Oct 23, 2024

TODAY AT 1 PM ET: THE 2024 ELECTION SUMMIT — A Final Quarter Market Outlook Event!

The market’s opening down again because of overnight data, but we have a big market catalyst today in the form of Tesla (TSLA) earnings after the close. 

Tesla is below its 100-day moving average right now, and we have a slew of other companies on deck. 

McDonald’s (MCD) also took a hit late yesterday after an E.coli outbreak that sadly killed a person and hospitalized several others. 

Much like yesterday, stocks fell overnight due to global markets, not because of poor earnings in the U.S., but things are again picking up this morning. 

We may very well fill the gap higher on the open, and this is why we do my Premarket Must Watch, weekdays at 9 a.m. ET, to see what’s happening across the markets — and how to play it once the market opens.

The 10-year note, meanwhile, is going lower, putting pressure on the market. This means the Fed has to take action…

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

Follow along and join the conversation for real-time analysis, trade ideas, market insights and more!

P.S. TODAY AT 1 PM ET: THE 2024 ELECTION SUMMIT

A Final Quarter Market Outlook Event

It’s finally here, and in just a couple of hours from now, I’ll be LIVE with Kane Sheih, former Vice President and Portfolio Manager at PIMCO.

At exactly 1 p.m. ET, we’ll cover topics like: 

  • Our Top Predictions On Post-Election Volatility, Interest Rates, Oil, Gold, Cryptos… And A Shocking S&P 500 Price Forecast You Can’t Afford To Miss.
  • A New Way To “Piggyback” On Institutional And Hedge Fund Buying Activity As It’s Happening… Plus: How We’ve Booked 159 Wins With A 95.7% Success Rate Doing It. 
  • Our No. 1 Election Stock and Sector Set To Outperform After The 2024 General Election. 

And while I can’t promise future returns or against losses, I anticipate this could be our biggest event of the year… 

Don’t Miss Out!

Stated results are from hypothetical options applied to real published trades from 10/30/23 – 10/21/24. The result was a 95.75% win rate on 259 trades, an average return of 12.3% including winners and losers and average hold time of less than 24 hours. Performance is not indicative of future results. Trade at your own risk and never risk more than you can afford to lose.

Join Roger’s free Telegram channel for a link to join minutes before the show!

WRITTEN BY<br>Roger Scott

WRITTEN BY
Roger Scott

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