A Note from Roger Scott: I know many of you are getting ready for the long Fourth of July holiday weekend, but I encourage you to join me, Lance Ippolito and Tom Busby at noon EDT today for an urgent market update. We'll break down how we're playing the low-volume and potentially volatile holiday week ahead. Plus, I'll give the details on an obscure market pattern that happens about 75% of the time on a historical basis.
And that's not all I have for you today... After that, Tom and I are hosting a LIVE trading session where we’ll reveal the names of three stocks that are in motion right now.
At noon, you'll get a market update and our game plan. Then at 1 p.m., you'll get the names of three stocks we're tracking.
The major indexes are down following the S&P 500’s worst first half since 1970 — and more in Friday’s stock market recap.
With a three-day holiday weekend for the Fourth of July coming up, a lot of traders are going to be taking off Friday for travel, so expect low volume and little to no directional bias.
Chip-maker Micron released earnings just below expectations Thursday after the market close. Micron is oversold to the downside, as we can see in the divergence between the stock price and its Relative Strength Index.
Micron’s earnings could impact the chip sector, so we’ll want to keep an eye on the VanEck Semiconductor ETF, SMH.
In this morning’s stock market recap video, you’ll learn what to expect from the market Friday… whether volatility is declining and what it means for the overall market… why the bond market is dictating how tech and consumer stocks behave… an update on volatility and how it's impacting current trends… an update on what to expect next week with key levels… and how to trade the current market with seasonal patterns!
Quick reminder that I’m going live at 1 p.m. EDT TODAY, Friday, July 1!
I know many of you are getting ready for the long Fourth of July holiday weekend, but I strongly encourage you to join me and Tom Busby in the trade room before markets close today...
The Best Strategy for Today’s Market and My Top ETF With an Option Pick
June 30, 2022
U.S. stock futures fell as inflation fears continued driving the market while the S&P 500 got ready to wrap up its worst first half of the year in decades.
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 "S&P 500 Logs Worst First Half Since 1970 — Plus an Urgent Update!"
Post a Comment