Are Volatility Levels
Pointing to Major Bounce?
Plus My Top ETF Pick

U.S. stock futures are down yet again this morning, but there are many signs telling me the market bottom is near — and more in Thursday's stock market recap.

The put/call ratio is at 1.19, which is huge because we haven’t gone to these levels in quite some time. I mean, the last time we were trading around these levels was the COVID-19 crash of 2020, so don’t say this lightly.

If you turn your attention to the DIA, you’ll notice it’s sitting right at its previous lows and starting to bottom out. And if you look at its average true range, which measures volatility, you’ll see that it’s peaking out.

This tells me that the market’s downside pressure was too much too fast, which means there’s a great chance stocks will experience a big bounce.

In this morning’s stock market recap video, I’ll show you why I believe stocks are oversold… which sector is set to rise… an update on earnings and expectations for retail stocks… why the bond market is so choppy right now… a deep look into market internals and the current divergence… and whether volatility is peaking or not.

Catch the Video Here

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Roger Scott

27+ years of trading experience. Traded multi-million dollar accounts and has trained thousands of new and experienced traders.

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Check This out Before You Make Your Next Move

I’m willing to bet everyone is tired of hearing about things like the Russia-Ukraine crisis, inflation and the Federal Reserve…

And if you’ve decided to take a more bearish stance because of them, I don’t blame you.

The danger we’ve seen in the markets the past couple of months has left a sour taste in our mouths. But here’s the thing…

I recently discovered a key indicator that finally has me feeling bullish.

So I decided to put together a “meat and potatoes” training class to cover everything people need to know about the key indicator I’ve found, and why I’m so happy about the current economy's trajectory.

Access It Here

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How Tuesday’s Retail
Sales Data Will Shape This Week’s Trading Action

May 17, 2022

In Tuesday’s stock market recap, U.S. futures were higher as Wall Street attempted to recover from weeks of steep losses.

Why I’m Feeling so Bullish Right Now… Plus My Top
and Bottom Stocks

May 18, 2022

In Wednesday’s stock market recap, U.S. futures traded lower this morning after another major retailer warned that costs are rising.

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