Senior Strategist Roger Scott just went live to reveal his No. 1 Frontrunner Stock for the rest of 2022…
Not only that, but he also discussed the core factors behind what he calls “Frontrunner Stocks,” how to build your own custom ETF, portfolio management and more.
He even went into great detail on the formula used to backtest the Frontrunner Portfolio, and shared the results!
The market has, for the most part, been trending up since June... As I mentioned in Friday’s stock market recap, the S&P 500 locked in its fourth positive week in a row.
The Consumer Price Index and Producer Price Index both came in lower than expected, giving investors hope that inflation has peaked.
While things look rosy for the market, its recent upward trend could be too much too soon, and we could be in store for a major pullback.
That’s why I sat down Friday with investors Jack Carter and Don Yocham for the most recent episode of “Ask the Pros.” We discussed some warning signs hinting at a pullback, and our favorite strategies for trading it.
I even gave away some of the stocks on my watchlist, and their price targets!
I have some thoughts on how to play the market in September, but first…
We’re through the meat of earnings season and we didn’t see any massive earnings numbers or big tech companies move the needle…
But we did have some amazing action on the back of the latest Consumer Price Index number.
The reading came in on the low side of expectations and seems to have also caught the market a bit off guard.
The expectations were for an 8.7% increase, but instead we got 8.5%, and a 0% rise month over month, mostly because of a drop in energy prices.
For those who don’t understand why lower inflation is good for the market, it means the Federal Reserve may not have to keep raising interest rates as aggressively or as long. And that leads me to how I’d play the market in September…
Implied Volatility is the estimated volatility, or gyrations, of a security's price, and is most commonly used when pricing options. In general, implied volatility increases while the market is bearish, when investors believe the asset's price will decline over time. And it decreases when the market is bullish, when investors believe the price will rise over time. This is due to the common belief that bearish markets are riskier than bullish markets. Implied volatility is a way of estimating the future fluctuations of a security's worth based on certain predictive factors.
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