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The Key Price Levels, Stocks to Watch as COVID-19 Resurfaces in China

by | Mar 14, 2022 | Market Updates

Futures are up slightly as the markets remain focused on the war between Russia and Ukraine — and more in Monday’s stock market recap.

Peace talks between the two countries are ongoing but “hard,” according to Ukrainian presidential advisor Mykhailo Podolyak.

While concerns regarding the war are dominating market action, it’s not all investors are worried about. Investors still anticipate interest rate hikes in light of rising inflation. And now COVID-19 has resurfaced in China, bringing more pain to supply chain issues.

Beijing paused production in the manufacturing hub of Shenzhen, home to companies such as telecom equipment-maker Huawei Technologies and Foxconn, which supplies Apple and other electronics brands.

Foxconn announced its factories will be closed until it receives government approval to reopen.

In this morning’s stock market recap video, you’ll discover whether sentiment is favoring bulls or bears… which way volatility is shifting… whether bonds are pricing in the next rate hike… the strongest and weakest sector right now… plus my top stocks and price levels.

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. In a Sea of Red, I Found Some Green!

There’s a right way and a wrong way to trade this volatility.

The secret to finding winning trades right now is all in what I call the “Super Stocks.”

Our biggest winners were found by cutting all the deadweight out of the market, focusing only on the strongest stocks.

So I’m going live at 1 p.m. EDT Monday, March 14 to go over my Super Stocks algorithmic trading strategy.

Tune in even if you stopped by last week as I will be giving away five stocks to take action right now!

Don’t Miss It! 

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: 32,944.19.
  • Futures: 33,060.
  • Change: +247.

S&P 500 (mini)

  • Close: 4,204.31.
  • Futures: 4,214.75.
  • Change: +22.25.

NASDAQ (mini)

  • Close: 13,301.83.
  • Futures: 13,296.5.
  • Change: +7.5.

RUSSELL (mini)

  • Close: 1,979.67.
  • Futures: 1,984.9.
  • Change: +10.6.

Note: Updated as of 9:27 EDT a.m.

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!

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

Roger Scott

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