U.S. stock futures are down to start the week following Friday’s sell-off — and more in Monday’s stock market recap.
Investors are concerned with how aggressive the Federal Reserve will be with its upcoming interest rates hikes…
However, the bond market has been choppy for the past two weeks. This is a good sign because it indicates that most of the upcoming rate fluctuations are already priced into the market.
In other news, Twitter Inc. (NYSE: TWTR) rose 5% in premarket trading on reports that the social media giant is ready to reach a deal with Tesla CEO Elon Musk following his bid to buy the company.
And The Coca-Cola Co. (NYSE: KO) is up about 1% on better-than-expected earnings and revenue as companies continue reporting during another busy week for quarterly reports.
In this morning’s stock market recap video, you’ll learn why I’m focused on the bond market… why market internals are overbought… a preview of volatility and how it’s impacting stocks… the major levels to watch on the key indices and sectors… the biggest Fed data that’s crucial for the economy to digest… plus an earnings update on the biggest three companies reporting Monday.
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. The 10-Time World Champ Is Back…
Ten-time world trading champion Chuck Hughes is back to grace us with his presence once more at 1 p.m. EDT on Tuesday, April 26.
And this time around, things are going to be a heck of a lot different!
In fact, Chuck is going LIVE to bring traders an opportunity he’s calling his boldest prediction yet.
It’s not about a single stock, taking risky all-out short bets or 1,000% returns on Bitcoin or other cryptos…
It’s going to be even bigger than that.
Be sure to get on Chuck’s exclusive VIP list to get exclusive intel before Tuesday’s live event!
Click Here to Sign Up!
P.P.S. When it comes to trading, every second counts. And in choppy markets like these, often driven by headlines, stocks can make big moves in a flash.
That’s why I want you to get my latest trading ideas and market updates as fast as possible. So I’m rolling out an all-new option for my students to receive trade alerts with Telegram!
Telegram allows me to get trade ideas, videos and watchlists to you in a matter of seconds.
Check out this short article we put together with instructions on how to download telegram and access my private channel. Go here to get the details.
Stock Market Recap: By the Numbers
This morning’s stock market futures recap:
DOW (mini)
- Close: 33,811.4.
- Futures: 33,604.
- Change: -124.
S&P 500 (mini)
- Close: 4,271.78.
- Futures: 4,250.25.
- Change: -17.
NASDAQ (mini)
- Close: 13,356.87.
- Futures: 13,301.75.
- Change: -51.75.
RUSSELL (mini)
- Close: 1,940.66.
- Futures: 1,927.
- Change: -11.7.
Note: Updated as of 9:23 a.m. EDT
To kick off the week, each Monday video will outline my weekly outlook and any actionable announcements, news or catalysts I’m watching. I’ll also outline exactly which opportunities I expect to unfold in the coming five trading days, so check out this short video for more information!
Need help understanding some basics that we discuss frequently? Check out some of our educational pieces to help get yourself up to speed! Have a question or a topic you’d like us to explain in a future article? Send your thoughts to support@marketgeeks.com!
- What Is the Dow and How Does It Work?
- A Beginner’s Guide to the Nasdaq and How to Trade It
- What Companies Make up the S&P 500 and How Can I Trade It?
- What Is the VIX? Understanding Stock Market Volatility
- A Beginner’s Guide to Stock Sector Analysis and Relative Strength
- How to Pick Winning Stocks With Simple Market Analysis Tools
Check back each morning for the Roger Scott newsletter and the most important news and numbers in the WealthPress stock market recap.
