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August 05, 2022 Indexes Fall on Strong Jobs Report — What It Means for the Market The major indexes are down as a strong jobs report hints the Federal Reserve will keep hiking rates – and more – in Friday’s stock market recap. The U.S. added more than 500,000 jobs in July, well above consensus estimates of 258,000. The unemployment rate also fell to 3.5%, below estimates of 3.6%. Jobs growth was expected to slow as the Fed raised rates to curb runaway inflation. But with the most recent report coming in better than expected, the Fed is likely to remain in rate-hiking mode. In earnings news, DoorDash beat on revenue but fell short on earnings per share. The company also warned that consumer spending will be softer in the third and fourth quarters. Despite the warning, shares jumped more than 9% in premarket trading. In this morning’s stock market recap video, I’ll reveal why I'm hesitant to go all in on tech… whether volatility is set to rise or fall… whether the energy market is dead in the water or pulling back… the most probable scenario for stocks in the near term… whether tech and consumer stocks are overdone… plus which sectors are showing fragmentation and what it means for the market.  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. ________________________________________________________ How Long Can I Keep Up the 100% Win Rate? The 100% win rate* keeps on rockin’! Pattern Trader members had the ability this past Friday to lock in their biggest win yet — a 36% gain** on COF in just two days! That’s right on par with our average hold time of three days per trade… That makes a total portfolio gain of 188%, with an average return of 17.1% per trade — what a hot streak! And it was all possible with the power of today’s state-of-the-art algos at the tip of your fingers… Pattern Trader members know the historic win rate, profit factor and equity curve of the trades before they even get in! That’s why I just went LIVE to break down the strategy for anyone who wants to learn about it, at absolutely no cost!  Watch the Event Here ________________________________________________________ Is the Tech Sector Hot or Cold? Plus My Top ETF and Option August 4, 2022 The broader indexes are flat as the market digests jobless claims and International Trade in Goods and Services data.  Continue Reading Is Energy Making a Comeback? Plus an Earnings Season Update August 03, 2022 The markets moved higher, looking to break back-to-back losing sessions, as House Speaker Nancy Pelosi departed Taiwan. 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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