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Why FANG Stocks Should Bounce in What Could Be a Volatile Week

by | Apr 22, 2024

It’s going to be a volatile week for stocks. Typically, there’s a 75% or so chance we’d see a rally in the FANG stocks because of seasonal bullishness. 

We have a ton of big earnings reports on deck including General Motors (GM), Tesla (TSLA), Amazon (AMZN), Meta Platforms (META), Microsoft (MSFT) and more!

As the week moves on, we’ll discuss this more in-depth. 

The big thing to worry about today is Verizon (VZ) before the open — up about 1.6% — and Nucor (NUE) after the close. 

We have to keep our eye on volatility, which should revert lower after Friday’s BIG spike. The level to watch is 21.80 on the VIX Volatility Index. I’d like to see us stay below this level. 

I’ll cover all that 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. Wait Till You See THIS!

Former Nasdaq market maker Jack Carter just discovered conclusive evidence that a certain mega-cap tech stock could skyrocket 8.2% after earnings this Wednesday. 

He called me to verify what he saw in the data, and it’s absolutely stunning… 

Of course, we can’t guarantee future returns or against losses… 

But you have to see this with your own two eyes to believe it! 

Follow the link to hear our private conversation, and we’ll even give you a free option trade if you want to follow along! 

Just don’t wait because this opportunity is only good for the next few days… 

Eavesdrop on Our Private Phone Call!

WRITTEN BY<br>Roger Scott

Roger Scott

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