The markets rose Friday morning ahead of Federal Reserve Chair Jerome Powell’s comments out of Jackson Hole, Wyoming — and more in Friday’s stock market recap.
The Fed is expected to implement another 0.75% interest rate hike next month. The markets are lacking clarity about what else the Fed might have in store, so investors are keen to hear how hawkish or dovish Powell sounds in regard to the Fed’s next moves.
In this morning’s stock market recap video, I’ll discuss whether the Fed will raise or lower rates… what the most probable scenario is for the bond market… whether the tech pullback will turn into a rally or fizzle… whether volatility is set to rise or fall… which sectors are leading and why… how to position yourself for the current volatility… and we’ll learn about Pattern Trader and how we nailed 15 winners* in a row!
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!
Pattern Trader members just had the chance to lock in a 20%* overnight gain on Apple Thursday, Aug. 25, which is right in line with our average return of 18% and our average hold time of three days per trade…
But most importantly, it maintains our coveted 100% win rate!*
If you’re interested in learning more about Pattern Trader, then I have something very exciting in the works…
I’m going LIVE at 10 a.m. tomorrow, Saturday, Aug. 27 to give away all the details of how the strategy works.
By the time I’m done with the presentation, you’ll be able to spot the patterns on your own! Plus, I’ll give you the exact exit and entry rules I use with the strategy.
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.
On Fridays, we’ll review the week that was… We’ll discuss how our trades did, what we learned and how to apply it to next week’s trading plan, and any developing trade setups. This video will put a bow on the week. We’ll also go over winners from my different member strategies.
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 email@example.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.
*Stated results are typical for given period. Past performance is not indicative of any future results. Trade at your own risk.