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Warning for FANG Stocks, 50-Day MA for Blue Chips, PCE Data, Bonds and Fast-Moving Stocks!

by | Jul 26, 2024

Stocks are up big to close out the final premarket trading session of the week…

We don’t have any big-impact earnings reports today, but rather some more broad market stocks. So I’m not expecting as much volatility today.

The three sectors doing really well are Health Care, Financials and Utilities, and these are the three to watch today.

All of the stocks on my shortlist are tech stocks. And if you watched the market Thursday, then you likely know that tech stocks huffed and puffed early…

Only to fall off as the day went on. The Nasdaq is now right at the 100-day moving average. 

The bond market (TLT) is pinched right now, and there’s really no big catalyst aside from Friday’s big jobs report.

Crude oil is also pinched and likely to be range-bound for a while…

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. BREAKING: Trump Could Send Bitcoin Ballistic in 48 Hours! 

In less than 48 hours, Donald Trump is speaking at the BIGGEST Bitcoin conference in the world. 

Rumor has it that he’ll announce plans to create a Bitcoin Strategic Reserve… 

This could ignite a buying frenzy unlike anything we’ve ever seen… 

Potentially sending the price of Bitcoin soaring past $100,000 for the first time in history! 

So I’ll be live at 10:30 a.m. ET TODAY, July 26, for an Emergency Bitcoin Briefing.

We’ll cover: 

  • My expectations for what happens during Trump’s Bitcoin speech. 
  • My exact price targets for Bitcoin over the next year. 
  • How I plan to target 100% or more in the next eight days or less! 

Go Here to Join the Room!

WRITTEN BY<br>Roger Scott

WRITTEN BY
Roger Scott

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