loader image

5 Stock Market Predictions for the Rest of July

by | Jul 21, 2021 | Uncategorized

If you’ve paid attention to anything I said the past week, then Monday’s stock market sell-off shouldn’t have surprised you. I mean, I told anyone who’d listen that it’d be smart for traders to get defensive and move their money into consumer staples stocks. 

I hit the nail on the head, for lack of a better phrase… 

No wonder I’ve received so many emails asking me, “Roger, do you have a crystal ball or something? 

“How did you know this would happen?!”

Well, I’m back in my office this week so I thought I’d share my screen to walk everyone through my stock market predictions for July, and outline most of the telltale signs I picked up on. I’d say we could go through all of the minor things, too… but there are so many that we’d be sitting here all day. 

Stock Market Predictions for July: What I Expect to See the Rest of the Way

The first thing I picked up on — which gave me the willies, so to speak — was how over-inflated and vulnerable the market is. 

I compared all the market caps, or the total value of all of a company’s shares of stock, of each Nasdaq 100 stock with the composite. For those of you who don’t know, Nasdaq 100 stocks are the largest, most actively traded companies listed on the Nasdaq composite index. 

I found that about 70% of Nasdaq 100 stocks were trading above their 50-day moving averages last week. And that number was 60% when I later sat down to film this video.

But it’s the full Nasdaq composite’s numbers that will blow you away… 

Only 27% of its stocks were trading above their 50-day MA! 

That’s not something a lot of traders and investors see very often, so it raised a huge red flag with me. And then… I realized the market is being driven by just a handful of large-cap stocks right now. 

And that’s not sustainable… 

So check out my short video below to get the rest of my stock market predictions for July 2021, and see how I’m planning my next move ahead. 

And don’t forget to subscribe to our YouTube channel if you haven’t already so you can be notified as soon as we post our next video! 

P.S. Most traders are content with a 65% or so win rate…

While there’s nothing wrong with that, they’re also missing out on so much more.

There is a brand-new strategy that’s allowed stock market legend Chuck Hughes lock in a 97% accuracy rate in real trading… 

And it could pay off generously for everyday traders. 

I mean, it’s already given Chuck the chance to score gains like 389.8%… 713.1%… and even 935.4% — on repeat. 

Chuck is now ready to help a small group of traders take advantage of it, too. 

Click here now!

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