Join Roger for the WORLD PREMIERE of brand-new “hot spot” trading tech, live at 1 p.m. ET — save your seat here!
Stocks are relatively flat this morning and the big question for the market right now is the next major catalyst that could get us out of this sideways action.
Next week’s Federal Open Market Committee meeting is that next catalyst and what everyone is waiting for.
The bond market (TLT), meanwhile, closed down 1.5% on Thursday, below the 200-day moving average — $91.82 is the next area of support. And it’s falling because the Fed is going to keep pushing back the next interest rate cut.
The stock market is pricing in a June rate cut — no chance, in my opinion.
What’s happening in the market right now is normal after hitting all-time highs. I haven’t seen any real signs of a breakdown…Things are neutral and rotational instead of directional.
The first thing you should ask yourself before trading each day is ask yourself if the market is rotational or directional. If it’s rotational, you need to be patient because stocks aren’t going anywhere.
If it’s directional, that’s when you need to get trading the right stocks and taking advantage of the direction before you’re late to the party.
I’ll cover all that and more in this morning’s “Premarket Must Watch” video!
Roger Scott
Roger Scott Trading
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P.S. Ready for a World Premiere of Amazing New Tech?
If you know me, then you know I’m always on the hunt for a new trading edge, constantly refining strategies and techniques…
And boy do I have some exciting news!
I’m hosting the world premiere for my brand-new trading tech at 1 p.m. ET on Monday, March 18.
It has the ability to help us isolate the most bullish windows to buy a particular stock, each and every year.
I call these bullish windows… “Hotspot Dates”!
And my brand-new trading tech makes spotting them a cinch.
You just skim the calendar for the big green trading windows that you see below…
Then place your trade before it opens.
And anyone who traded those dates would’ve enjoyed substantial gains in less than a week in some instances…
Don’t worry! I’ll reveal the exact numbers during my live event.
Just remember, I cannot guarantee you future profits or against losses.
If you’re interested in learning more, just use the link below to save your seat…
And See the World Premiere of My New Tech!
*The profits and performance shown are not typical and you may lose money. The trades expressed are based on historical signals from the new Data Mining Software to demonstrate the potential of the trading tool. While we have been using the Data Mining Software with great success, we cannot guarantee any future results.
