That and more this morning’s “Premarket Must Watch” video!
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ON DECK FOR TODAY’S VIP TRADE ROOM: Monday-Wednesday: noon ET | Thursday-Friday: 11 a.m. ET Retail earnings, critical levels for the major indices and breakout sectors! Time to be more defensive? Top stocks I’m watching for another leg up and bottom stocks looking at a major breakdown! _________________________________________________
New S&P 500 Stocks, Retail Earnings on Deck, Energy Breakout, Industrials and My Hitlist
We don’t have any major reports this morning and stocks are opening mixed, but nothing crazy out of the ordinary.
Retail earnings are on deck this week but we are on the brink of getting through the season. Reports have been strong for the most part in the face of weaker expectations.
We have a lot of Fed data coming this week to keep an eye on, the biggest of which being comments from Fed Chair Jerome Powell at 10 a.m. ET on Thursday.
The Fed has also been hinting at keeping rates higher for longer. Right now, the market is pricing in a cut this summer. But if you look at recent comments, they’re not even mentioning 2024 anymore.
I wouldn’t be surprised if Powell pours even more cold water on rate cut talks when he speaks this week — I don’t believe we’ll get a cut until September, so let’s talk about it!
I’ll cover all that and more in this morning’s “Premarket Must Watch” video! _________________________________________________
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My pick is locked and loaded, and I’ll reveal it at 1 p.m. ET TODAY!
If everything goes according to plan, it should tee up nicely to use with my revolutionary software that tracks the moves of institutional traders in real time.
So far, my software is serving up trade wins at a 95% win rate in my Trading Pit!
Of course, I cannot promise future wins or against losses…
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But I CAN promise to show you exactly why this revolutionary software is my favorite way to trade, and how we’re doing it in my active day and swing Trading Pit!
All you have to do is be there at 1 o’clock…
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| Today’s Top S&P 500 Sectors | Today’s S&P 500 CSI Leaders | | Technology (XLK) | Nvidia (NVDA) | | Financial (XLF) | AMD (AMD) | | Communication Services (XLC) | Constellation Energy (CEG) |
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CUSTOMER STORY OF THE DAY
Just wanted to say .. listening to Rodger can get crazy cool. 30 percent in 2 days on DELL — Ralph _________________________________________________ Follow along and join the conversation for real-time analysis, trade ideas, market insights and more! *This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. >>>Join the Conversation<<<
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