U.S. stock futures are up this morning as Wall Street attempts to recover from yet another down week — and more in Monday’s stock market recap.
The two most important reports this week are the international trade in goods and services on Tuesday, which will tell us how supply chains are holding up with things like the Russia-Ukraine war… And then the Consumer Price Index report on Friday, which will help us see if inflation has peaked out or not.
If the results of these reports are positive, then it means traders, investors and, most importantly, consumers aren’t too worried about the current financial situation or interest rates going higher…
Speaking of interest rates, the iShares 20-Plus Year Treasury Bond ETF (Nasdaq: TLT) has been trading sideways for almost two months now.
If the bond market can’t move lower, then it means long-term rates also can’t go higher. So the fact that the TLT is consolidating and that volatility is also falling is a positive sign that things aren’t as bad as they seem.
In this morning’s stock market recap video, I’ll show you what is on the Federal Reserve’s agenda this week… why the bond market has remained choppy for almost two months… why small-cap stocks are trading higher… which sectors are prone for upside action and which ones aren’t… key resistance levels on the major indexes… and the best way to trade the current market cycle.
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. There are three “R words” right now… Russia, Recession and Rates.
All of them suck, which means now isn’t the time to mess around without a hedged trading strategy.
Can the markets bounce hard from these oversold levels? Of course!
Are you ready?
Can the markets dip another 10% because of the three looming R words? Of course.
Are you ready for that, too? The key is being able to capitalize no matter which direction the markets go…
That’s why Joy of the Trade Head Trader Jeff Zananiri just went live to reveal his top secret hedging techniques, including everything from the best stocks to buy during bear markets to how to leverage short positions to protect your gains when the markets fall.
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:
- Close: 32,899.7.
- Futures: 33,156.
- Change: +268.
S&P 500 (mini)
- Close: 4,108.54.
- Futures: 4,153.5.
- Change: +46.6
- Close: 12,548.03.
- Futures: 12,742.75.
- Change: +192.
- Close: 1,883.05.
- Futures: 1,903.1.
- Change: +21.8.
Note: Updated as of 9:19 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 firstname.lastname@example.org!
- 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.