Key Resistance Levels for
3 Major Indices and What
to Expect Next Week

U.S. stock futures edged higher this morning following a report revealed that inflation is slowing down a bit — and more in Friday's stock market recap.

Most of my attention is still on the TLT because I want to see if the bond market can assimilate interest rates staying stable or going lower versus higher.

The bond market trading sideways — like it is right now — is the first sign we’ve seen that it doesn’t want rates to go up. I don’t know how long this will last, but it tells us that the market isn’t pricing in any more rate hikes right now.

I also have my eye on the CBOE Volatility Index, also known as the VIX, or fear gauge, which is the range of price changes the market or stocks experience over a given period of time. Volatility is coming down and if it can go below the 25 level, there’s a good chance we’ll get a nice market rally.

In this morning’s stock market recap video, I’ll explain why Friday’s income report is so important… why the bond market is moving sideways and what it means for stocks… how to gauge current strength in the market and specific price levels… one sector that’s showing major earnings surprises and how to interpret it… and whether the market is setting up for an upward move or if it's going to continue trading lower.

Watch 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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Is This 1 Indicator
Really All We Need?!

Want to hear something funny?

I built a trading strategy with the premise to rip in bull markets, and it completely proved me wrong in the sense that it works just as good — if not better — in crashing markets…

The conclusion is this is all thanks to one basic indicator I’m guessing most people don’t know about…

But it’s been alerting the upside and downside potential in the markets!

That’s because instead of trying to guess the peaks on stocks, we’re getting in when things are “out of whack,” and then closing the position when it normalizes.

Learn About It Here

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4 Factors Pointing to a
Market Rally… And 3 Actionable Trade Ideas

May 25, 2022

In Wednesday’s stock market recap, U.S. stock futures were down as investors waited for the Federal Reserve to release its policy meeting minutes.

The Biggest Report of the Quarter… Plus My Top ETF and Option Pick

May 26, 2022

In Thursday’s stock market recap, U.S. futures traded higher as Wall Street attempted to recover from a string of losses.

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Roger Scott