Sell-off Got You Down? Why It’s a BIG Buying Opportunity for 2 Stocks

I���m becoming more and more focused on small-cap stocks lately���

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Published: January 12, 2022 2 Stocks I’m Targeting After the Market’s Recent Pullback Thanks to the recent downside, I’ve been talking a lot about what stocks to trade when the market pulls back.    I explained the 90/10 strategy I use to find mechanical pullbacks without having to dig deep into reading charts, which is hard for traders who don’t have a trained eye for technical analysis like I do.    It looks for stocks making three-month highs, and then waits for a 10-day pullback against the main trend to occur. Then, we enter if the stock turns back around to the upside again.    Now, I want to give away a few low-risk stocks to trade when the market pulls back that we can use to take advantage of the current sell-off in the broader market… which is the worst we’ve seen since October 2021!  Give Me the Names ________________________________________________________ Roger Scott 27+ years of trading experience. Traded multi-million dollar accounts and has trained thousands of new and experienced traders. ________________________________________________________ 1 Long, 1 Short Trade as the Market Digests Data, Fed Remarks Stocks were up as the markets digested remarks made at Federal Reserve Chair Jerome Powell’s confirmation hearing Tuesday and in anticipation of important upcoming data — and more in Wednesday’s stock market recap.   Consumer Price Index (CPI) data came out early Wednesday morning. This number gives us an idea how the supply chain and inflationary pressures affect prices at the consumer level.   The CPI increased 7% year over year, which was in line with estimates and the biggest increase since 1982.    Another report that has the potential to impact the market is retail sales, which comes out on Friday. Tuesday’s Redbook number, which gave us a glimpse at retail sales, was weak. But Redbook comes from the private sector, so those numbers can be a little off compared to public data.    During his confirmation hearing, Powell reiterated that the U.S. economy is healthy enough to proceed with plans to tighten monetary policy in order to rein in inflation.    This includes previously mentioned interest rate hikes, tapering bond purchases and reducing the Fed’s balance sheet.   As the market digests all this data, I have one long pullback stock and one short stock for you, both complete with an option and levels. Get Both Trades Here WE WANT TO HEAR FROM YOU! I do a ton of sector analysis and use back-tested, proven strategies to beat the market. I use proprietary formulas based on relative strength to track the top 5 strongest stocks… You know, the ones I send you in my new weekly watchlist. But now I want to know which stocks you’d like to see rankings for! All you have to do is reply directly to this email with your tickers!  The Weekend Trader Is at It Again The weekend trader is at it again, folks…   While most people called it quits over the holidays, the weekend trader went to work, delivering six winning trades and zero losses over Christmas and New Year’s.    And he’s just getting started…   Because a new wave of weekend news continues to propel stocks higher — and lower  — every single week, and he knows exactly how to trade them...    He’s ready to hand everyone the Friday afternoon strategy that’s helped him close dozens of weekend winners over the past 17 weeks.  Click Here! ________________________________________________________ Toolbox: A Day Trader is a trader who establishes and liquidates positions within one day's trading, ending the day with no open position in the market. ________________________________________________________ ________________________________________________________ The Top 20 Trading Tips I’d Give My Younger Self January 8, 2022 I thought I’d do something a little different with this video by giving everyone some important trading tips I’d tell my younger self. Continue Reading Why 2022 Is Finally the Year to Invest in 5G and Data Centers January 10, 2022 I’ve been telling anyone who’d listen to me over the past few years that 5G stocks are about to become the next big thing. Continue Reading A WealthPress Publication   Disclaimer & Disclosures The information in this email is intended for informational purposes only and does not guarantee specific results as there is a high degree of risk involved with trading. Also, our traders are real traders and may have financial interests in the companies discussed.  Please see our  Terms and Conditions for more information. Manage Your Email Preferences Unsubscribe This email was sent by: WealthPress 7751 Belfort Parkway #120 Jacksonville, FL, 32556, US Roger Scott Update Profile

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