We Should Expect Choppy Markets Ahead of Thursday’s CPI Report — Watch for Volatility

by | Oct 9, 2024

Get my pre-election hitlist of FIVE stocks entering “wealth windows”
as soon as next week — LIVE at 1 p.m. ET TODAY!

Institutional traders are unlikely to make any big moves before Thursday morning’s Consumer Price Index report, so markets should remain choppy until then. 

Stocks are relatively flat premarket, and we have the latest FOMC minutes coming at 2 p.m. ET today, which could provide some volatility. 

 Watch the lower 21 levels for the VIX. 

Crude oil has started to come back down and gold is now approaching support levels. 

China’s market is imploding, and if I’m holding gold right now, I’d be very careful. I would not initiate any new long positions in gold while it’s below the eight-day exponential moving average. 

I would wait for it to jump back up to the high-$2,600 level before initiating any new positions…

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: 5 Pre-Election Stocks Are Entering Their ‘Wealth Windows’ During The Month Of October!

As we get closer to the U.S. presidential election…

I believe now is the PERFECT time to target these five stocks with “Wealth Windows” hitting in October!

That’s because my system shows these tickers have historically gone up during the month of October for DECADES.

Now I know it might sound crazy…

But I’m hosting a special broadcast at 1 p.m. ET on Wednesday, Oct. 9, to share my Pre-election Stock Hitlist…

To show exactly how these “Wealth Windows” work… 

And why I believe they’re such an exciting opportunity for anyone with a regular brokerage account. 

In the meantime, check out the free report my team put together… 

Of course, I can’t promise future returns or against losses… 

But this report is a special preview that includes charts, market caps, and the specific dates to target five popular stocks that I know everyone will be watching this month. 

So don’t miss out!

Get Your Free Report Here!

WRITTEN BY<br>Roger Scott

WRITTEN BY
Roger Scott

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