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ON DECK FOR TODAY’S VIP TRADE ROOM: Monday-Wednesday: noon ET | Thursday-Friday: 11 a.m. ET CPI, FOMC minutes, bond analysis, key levels for the major indices, FANG stocks update and if we should chase bank stocks for earnings, top and bottom stocks — with options! Stocks Sink Fast on the Heels of Another HOT Inflation Report Stocks are sinking premarket on the heels of another hot Consumer Price Index inflation report… The most important number is core CPI year over year, which came in at 3.8% versus expectations of 3.7%, and the market did not like this at all. The S&P 500 (SPY) went from up 0.4% to down 1.3% in a flash on the news. But I don’t believe it’s all bad. The Federal Reserve will have to spin it, but I don’t know how they can claim things are getting better if the number is the same. This pushes the likelihood of an interest rate cut back, and I’m dying to see how they spin this. This is why you only hold the best stocks through a big data drop like this if you’re swing trading. Crude oil, meanwhile, has been falling back to the eight-day exponential moving average. This Strategy Is HOT! There’s a perfect setup forming in one of my strategies that’s hit on 25 of 26 trades! I’ll be live at 1 p.m. ET TODAY, April 10, with all of the details on that perfect setup, plus my top 3 “Weekly Cash Flow” stocks to know for this week! Just click on the link below and I’ll see you at 1 o’clock! 🎥 LIVE TRADE ROOM ACCESS 🎥 Join me and dozens of traders each day inside my LIVE VIP Trade Room! Each day, we analyze the markets together, build relationships and, more importantly… go over market education and new trade ideas! With the VIP Trade Room, you’ll have the opportunity to multiply your trading knowledge and confidence as quickly as possible. I’ll take the time to answer all of your trading questions, so fire away! Make sure to join us LIVE each day! SCHEDULE:
JOIN US HERE: http://rogerscott.com/viproom 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. |
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