loader image

Strongest and Weakest Stocks as Wall Street Takes the Week Off

by | Dec 28, 2021 | Market Updates

It’s a quiet week on Wall Street but there’s still some important data to come while COVID-19 continues to be a driving force — and more in Tuesday’s stock market recap.

On Wednesday, we’ll get the international trade in goods and services report, which will expose bottlenecks and reflect whether COVID-19 is still having a major impact on the supply chain.

This report could affect the markets, but it’s most likely going to be a quiet week. Most investors and traders are out on holiday, and the bulk of the activity is algorithmic traders trying to time the market and take advantage of the lack of liquidity.

Speaking of COVID-19, it’s still the main force driving the markets. The omicron variant is revealing itself to be more contagious but less lethal, as well as here to stay, much like the flu.

In this morning’s stock market recap video, you’ll discover the most probable trading action for the next few days… whether small caps are gaining on large caps… whether market internals are stable right now… the biggest factor driving the markets right now… an update on the long bond… the strongest sector and strongest stock… and the weakest sector and weakest stock.

Don’t forget to like and subscribe to our YouTube channel if you haven’t already so you can be notified as soon as we post our next video and see what other trade opportunities we’re paying close attention to! 

P.S. Turning Point 2022: My Top Predictions for Next Year

I’ve already nailed past predictions in 2020-21 like:

  • Called for the rally in small caps post-election (414% on CLNE, 153% on DDD, even 246% on GME, all in just seven days).
  • Nailed forecasts on “e-commerce,” predicting triple-digit moves in Etsy, Shopify and Meli.
  • Formulated a large-cap trading algorithm that signaled over 1,400% in net cumulative profits in 2020.
  • Told investors to get into RIOT early before the big shift to cryptos — RIOT soared 1,122%.
  • And over the past six months, I pinpointed a major rally in industrials and basic materials that most hedge funds completely missed on!

Now, today Dec. 28 at 1 p.m. EST, I’m revealing my top predictions for 2022! 

Download My FREE Report Now to Save Your Spot! 

On Tuesdays, I’ll detail the strongest and weakest sectors in the entire market. I’ll tell you exactly where I’d put my money and go long, and which ones I’d avoid or even short. Using my proprietary momentum indicator, you’ll get actionable ideas on every market sector, every single Tuesday.

Check back each morning for Roger’s Radar and the most important news and numbers in the WealthPress stock market recap.

WRITTEN BY<br>Roger Scott

Roger Scott

What to read next

99 Problems and a “Pivot” is One

99 Problems and a “Pivot” is One

A friend of mine sent me this chart about three months ago. I should probably print it and keep it in my wallet next to a photo of my daughter. Given the sheer number of questions I’ve fielded lately, I’ll probably end up showing this chart more than her picture.

read more
Everything Everywhere, Going Down, All At Once

Everything Everywhere, Going Down, All At Once

When our momentum reading went negative last week, I didn’t know that we’d have the second largest bank failure in U.S. history three days later. All I knew was that it went negative… and that we got out of the way.

read more
Trust But Verify…

Trust But Verify…

I want to talk about our version of “Trust but Verify” in the markets. Qualification is the most important part of the investing process. And this F score value strategy looks to be crushing the current market.

read more

Have any questions? Contact Our Customer Service Team