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The Strongest Stock, Sector as the Latest Fed Rate Hike Meeting Begins

by | Dec 13, 2022 | Market Updates

Before we begin, I want to let you know about a special emergency briefing I’m holding at 1 p.m. ET today, Dec. 13!

The Federal Reserve’s next rate hike announcement is coming soon, and it has the potential to make the stock market sink or swim.

That’s why I’m going live to talk about market action, how I’m preparing my portfolio, and I’ll even reveal a top trade idea I have my eye on.

Save this link and use it to join the room at 1 p.m. ET!

Now, on to today’s stock market recap…

The major indexes shot up Tuesday morning on a lighter-than-expected inflation report.

November’s Consumer Price Index rose just 0.1% from the previous month, and 7.1% year over year versus expectations of 0.3% and 7.3%, respectively.

The news lifted the stock market, with investors taking it as a sign that inflation is finally peaking.

The CPI numbers could play a key role in the Fed’s next rate hike decision and future guidance, due out Wednesday afternoon.

In this morning’s stock market recap video, I’ll discuss why volatility is so high right now… what to expect from bonds once the excitement is over… how to gauge current stock market action… the biggest reports from the Fed and why they’re important… whether to fade or follow the current upside momentum… if energy is still in play… plus what to expect from the Fed on Wednesday!

Don’t forget to like, subscribe and leave your comments and questions on our YouTube videos — we will respond!

P.S. Catastrophic Consequences Could Be on the Horizon

If you haven’t taken steps to protect your portfolio… it’s not too late…

Because I’m about to hold an emergency briefing at 1 p.m. ET today, Dec. 13!

I’ll outline what you should expect from the market…

How to hedge your portfolio from the inevitable volatility…

And, most importantly, how to set yourself up to trade no matter which direction the market goes from here.

You need to see this before the Federal Reserve’s next big announcement, because I’m also going to reveal my top actionable trade idea!

Don’t be the only trader without a plan!

Save This Link for Today’s Event 

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 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.

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!

Check back each morning for the Roger Scott newsletter and the most important news and numbers in the WealthPress stock market recap.

WRITTEN BY<br>Roger Scott

WRITTEN BY
Roger Scott

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