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July 26, 2022 My Top, Bottom Sectors as the Markets Slide on Walmart Guidance News The broader market slid lower following Walmart’s announcement that it is cutting its profit forecast — and more in Tuesday’s stock market recap. Citing rising food prices and consumers pulling back on purchases of general merchandise, the big-box retailer cut both quarterly and full-year profit estimates ahead of its upcoming earnings report on Aug. 16. The news sent Walmart plunging 9% in premarket trading, also dragging down names like Target, Amazon and Kohl's, which all fell about 4.5% to 5%. Investors are keen to hear what the Federal Reserve has to say regarding inflation as its two-day meeting kicks off Tuesday ahead of this week’s gross domestic product and consumer sentiment reports. Earnings season continued with Coca-Cola beating Wall Street estimates on both earnings per share and revenue.  Meanwhile, McDonald’s reported a narrow revenue miss but beat on EPS estimates. The fast food giant also reported a same-store sales increase of 3.7%, above analyst estimates of 2.8%. In this morning’s stock market recap video, I’ll reveal the biggest Fed news to pay attention to today… an update on two of the biggest tech earnings reports this week… whether it's time to move back into defensive stocks… what current volatility levels are confirming… an update on the long bond and why it's more important to follow than ever before… plus how to trade the current market and the biggest threats of the week.  Get the Details Here ________________________________________________________ Roger Scott 27+ years of trading experience. Traded multi-million dollar accounts and has trained thousands of new and experienced traders. ________________________________________________________ The Fed’s Next Interest Rate Hike Might Be the Biggest in Decades The writing is on the wall… Investors are pulling BILLIONS of dollars from bond and money market funds at the fastest pace in years, according to CNBC. And this purge of capital could escalate… But Joy of the Trade’s Jeff Zananiri is prepping for some of the biggest overnight turnarounds we’ve ever seen!    Get the Details Here ________________________________________________________ Earnings Preview: Are Tech Stocks Poised to Break Out? July 26, 2022 The broader indexes rose ahead of a busy earnings week with a Federal Reserve interest rate decision also looming.  Continue Reading Market Approaches a Major Resistance Level as the Nasdaq Falls July 22, 2022 The broader indexes are mixed, with the Nasdaq sliding on Snap’s disappointing earnings report.  Continue Reading A WealthPress Publication   *Stated results are typical for given period. Past performance is not indicative of any future results. Trade at your own risk. From 5/23/22 to 7/12/22 on live trades the average win rate is 100%, the average return is 15.3% over a 3 day average hold time.    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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