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Published: June 1, 2022 Will the Fed Back Away From Rate Hikes? Plus 2 Top Stocks for Today U.S. stock futures traded higher this morning following a rough and volatile month of May — and more in Wednesday's stock market recap. If you look at volatility levels on the DIA, an ETF that tracks 30 large-cap Dow stocks, you’ll notice that it’s still declining. When volatility turns lower, it usually means the market is going to rally.  If the DIA can reach the $340 level, there’s a great chance it’ll bypass its 200-day moving average, which will push us back into bullish territory.  The big report for Thursday is the ISM manufacturing index, which is important because it’ll tell us how supply chains, exports, imports and prices are impacting manufacturing firms nationwide.  If the number meets consensus — now at 54.5 — it means things aren’t slowing down and that bottlenecks, inflationary pressures and China’s slowdown aren’t affecting the global economy as much as we might think.  In this morning’s stock market recap video, you’ll also learn which sector keeps trending higher… what industry I’m targeting right now… whether market volatility is set to rise or fall… if the Federal Reserve is ready to back down on its commitment… the top levels for stocks to buy and sell… one consumer staple stock you’ll want to own… and one Chinese tech stock you might want to sell, liquidate or avoid completely.    Catch the Video Here ________________________________________________________ Roger Scott 27+ years of trading experience. Traded multi-million dollar accounts and has trained thousands of new and experienced traders. ________________________________________________________ These Stocks Are Still Trading at All-Time Highs! In case you missed the memo, 22% of stocks in the market are still bullish… They aren’t the well-known names that people were trading during the post-COVID-19 bull market…  I’m talking about the value plays that have dirt cheap call options right now, or the defensive names that thrive during bear markets. But it means we have almost a quarter of stocks in the market to play with right now…  Stocks that have previously led to some big wins, and hardly anyone knows about them!  Check out These Stocks ________________________________________________________ Key Resistance Levels for 3 Major Indices and What to Expect Next Week May 27, 2022 In Friday’s stock market recap, U.S. stock futures edged higher following a report revealed that inflation is slowing down. Continue Reading Crucial Resistance Levels to Watch This Week… Plus the Top Catalyst May 31, 2022 In Monday’s stock market recap, U.S. stock futures were down as Wall Street resumed trading following the long holiday weekend. 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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