Roger Scot
09/23/2020
World stock markets rose this morning as European shares advance despite new information that its regional economic recovery is unstable. After Federal Reserve Chair Jerome Powell encouraged Congress to provide a new stimulus package, many traders and investors are keeping close tabs on how the coronavirus pandemic is affecting the […]
09/22/2020
Wall Street opened higher but turned choppy ahead of testimony from Federal Reserve Chair Jerome Powell and U.S. Treasury Secretary Steve Mnuchin — and more in Tuesday’s stock market update. Both expressed cautious optimism that the economy is rebounding from the pandemic-induced recession with federal support, but said more help […]
09/22/2020
It’s easy to see why investors and traders flock to the best REITs to buy now… Real estate investment trusts (REITs) offer reliable and growing income streams with market-beating returns. They give huge amounts of cash to shareholders and produce yields that squash what the average S&P 500 companies offer. […]
09/22/2020
Global stock markets are mixed this morning. Shares in Europe bounced back as Asian benchmarks continue to decline. Multiple big bank stocks fell following a report that several are allegedly profiting from illicit dealings with criminal networks, and even continued to do so after being warned of potential criminal prosecutions. […]
09/21/2020
Wall Street was weak throughout Monday’s session following the passing of Supreme Court Justice Ruth Bader Ginsburg over the weekend — and more in Monday’s WealthPress stock market update. News of Ginsburg’s death broke Friday evening, and it will surely add more uncertainty to an already fraught U.S. election in […]
09/21/2020
Global stock markets and U.S. futures plunged this morning following Wall Street’s third straight week of declines, and a rise in U.S.-Chinese tensions over technology and security. Since the Federal Reserve announced the U.S. economic outlook as unclear, market momentum has shifted. Progress in some sectors has declined as lawmakers […]
09/18/2020
Wall Street was tentative to open Friday’s action after the Commerce Department announced that it will prohibit TikTok and WeChat transactions as of September 20 — and more in Friday’s WealthPress stock market update. And more importantly for TikTok, it will be shutdown altogether on November 12 if there is […]
09/18/2020
Ever since I did a little exposé on Nasdaq stocks losing relative strength, my inbox has been flooded with questions about the financial sector. I knew straight away that I had to film this video. The coronavirus pandemic isn’t going anywhere anytime soon, which could result in the highest unemployment […]
09/18/2020
If you’ve been keeping up with my videos, then you already know my favorite analysis method for medium-sized stocks is to screen for earnings per share (EPS) increases over a quarterly and annual basis. Combining that metric with my technical relative strength scan helps me find stocks ready to take […]