The Top Sectors to Trade as New Inflation Data Shakes Up the Markets

Here���s everything traders need to be on the lookout for in the coming weeks���

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Published: February 12, 2022 Will New Inflation Data Sink the Stock Market? There are a lot of things traders and investors can make out of the February stock market… both threats and opportunities.    That’s because Wednesday was our last day to lock in profits before the latest Consumer Price Index data was released Thursday morning before the bell.    The CPI, which measures the cost of everyday consumer goods, ended up posting a 7.5% annual gain in January… This solidifies the likeliness of Federal Reserve interest rate hikes in 2022 — as soon as March — with inflation hitting a 40-year high.    This is bad news for big tech and growth names…   So one thing we know for sure is if you’re not long on or holding some type of commodity-related stocks, you’re doing it wrong…    They’re still the low-hanging fruit!    In this week’s WealthPress Live Roundtable, Joy of the Trade’s Jeff Zananiri, New Money Crew’s Lance Ippolito and myself took the time to discuss inflation… all of the latest mergers and acquisitions activity shaking up the market… why mega-caps like Meta, PayPal and Netflix are selling off… and most importantly, everything traders should be on the lookout for in the coming weeks. Check It Out ________________________________________________________ Roger Scott 27+ years of trading experience. Traded multi-million dollar accounts and has trained thousands of new and experienced traders. ________________________________________________________ The Top Sectors to Trade as Markets Grapple With New Inflation Data U.S. stocks traded mostly flat on Friday following Thursday’s sharp sell-off thanks to higher-than-expected inflation data.   The S&P 500 and Dow are both holding above their 200-day moving averages, an important level of support, despite the market turmoil.   On the other hand, the Nasdaq 100 is trading below its 200-day moving average. If it fails to rally, it could drop lower once again. But when the Nasdaq 100 typically reaches these levels, it tends to bounce higher.    Meanwhile, earnings reports still remain strong.   Under Armour beat analysts’ estimates, causing shares to initially jump 7% before falling 2.5% premarket on concerns regarding supply chain expenses and increased shipping costs.   Shares of Zillow also rose 13.5% premarket after the company reported a smaller-than-expected quarterly loss and higher revenue as it plans to exit the home-flipping business faster.    In this stock market recap video, you'll learn whether stocks are set to break down or head higher… key levels for the major sectors… a review of the recent Consumer Price Index data and its impact on the bond market… plus which sectors are outperforming and which are lagging.  Get Them 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!  Do This When Stocks Tank… The market’s recent shift has forced me to break one of my top trading rules…  and take a look at a powerful signal I used to ignore!    As you probably know by now, I haven’t always been a huge fan of trading gaps…    But the way the market is moving right now, doing just that could be essential to trading success.     I know one expert who has these setups down to a science. In fact, she’s been making major overnight gaps like 29%... 40%... and even 102% in just a matter of days!  Learn the Secret ________________________________________________________ Toolbox: Learn to Day Trade With the 52-Week Pop Strategy One thing I’ve learned over the years is stocks tend to get volatile when they approach and break through the 52-week high or low price point… That’s why I want to teach you my 52-week pop strategy. Learn It Here ________________________________________________________ ________________________________________________________ 2 Must-See Health Care Stocks for 2022… and Beyond February 9, 2022 The Health Care sector and its top stocks could end up being a rather lucrative spot for investors in a volatile 2022… Continue Reading What to Expect From the Biggest Earnings Reports Yet to Come February 7, 2022 I always say when earnings start to come out higher and higher, expectations for even better reports set in… Continue Reading A WealthPress Publication   ABOUT US:   We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. WealthPress provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Wealthpress LLC are for your informational purposes only. Neither Wealthpress nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Wealthpress is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions.  Please visit wealthpress.com/terms for our full Terms and Conditions. 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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