U.S. stock futures are lower this morning as inflation fears continue driving the market while the S&P 500 gets ready to wrap up its worst first half of the year in decades — and more in Thursday's stock market recap.
The good news is that the TLT is still moving sideways. The fact that the TLT is trading like this is instrumental because it tells us that it doesn’t anticipate long-term yields going higher.
If the TLT can continue to trade within its current range while the U.S. economy works itself back into a positive state, it’ll be extremely beneficial and relieve some of the pressure on the broader market.
In other words, the bond market’s choppiness buys us some more time…
But another positive thing to note is that volatility via the VIX, or fear gauge, is also starting to narrow out and move in line with what I’m seeing in the bond market.
In this morning’s stock market recap video, I’ll give you a deep dive into the major sectors… what the bond market is signaling right now… whether the Energy sector has peaked out… what current volatility levels tell me about the broader market… if more speculative stocks are set to start leading… the top strategy for today’s market… and the top ETF with option pick.
Did you miss this week’s WealthPress Live Roundtable? Catch the replay video below…
And be sure to join Joy of the Trade’s Jeff Zananiri, New Money Crew’s Lance Ippolito and me each Wednesday at 11:30 a.m. EDT for the WealthPress Live Roundtable, where we’ll discuss the biggest topics on Wall Street.
In this week’s roundtable, we covered:
Current market conditions and the long bond’s effect on it.
China’s reopening and why it’s big, bullish news for the U.S. economy — and a few stocks to play it.
The trend in retail stocks following Bed Bath & Beyond’s poor earnings report.
Unusual options activity Lance has been seeing of late.
I also gave away a free trade idea in the S&P 500 that has almost 70% historical accuracy!
And more!
Be sure and tune in every Wednesday at 11:30 a.m. EDT for the WealthPress LIVE Roundtable!
2 Major Fed Reports This Week and the Strongest Sector, Stock
June 28, 2022
In Tuesday’s stock market recap, U.S. stock futures traded higher this morning as Wall Street attempts to sustain its rebound from the bear-market lows.
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.
0 Response to "The Best Strategy for Today’s Market and the Top ETF With Option Pick"
Post a Comment