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My Top ETF and Option Pick as Fear, Volatility Move the Markets

by | Mar 3, 2022 | Market Outlook

The war seems to be priced in as the markets open higher despite Wednesday’s large attack on Ukraine — and more in Thursday’s stock market recap.

However, I still expect a degree of volatility. We have a lot of important reports being released throughout Thursday including factory orders, productivity and costs, jobless claims, the PMI Composite Final and the ISM Services Index.

The Federal Reserve also confirmed it will take action on raising interest rates, although not as aggressive as originally planned. This news had little impact on the bond market, which is still seeing a flight to quality as investors seek safer investments.

In this morning’s stock market recap video, you’ll discover which piece of Fed data is impacting the market right now… two major indicators to pay close attention to… which sector is starting to show signs of strength… major levels for all three indices… plus my top ETF complete with an option strike price.

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. To Put It Simply, It’s Chaos

The markets are in a free fall and many investors are struggling with where to move their money.

And while we go about our day with heavy hearts, it’s important to remember that behind most setbacks come new opportunities.

So I went live on Tuesday to reveal my time-sensitive insights into stocks I’m focusing on right now. It’s time to set aside the media-induced fears and position ourselves for a potentially big recovery.

Click Here to Access the Recording

Stock Market Recap: By the Numbers

This morning’s stock market futures recap:

DOW (mini)

  • Close: 33,891.35.
  • Futures: 34,095.
  • Change: +246.

S&P 500 (mini)

  • Close: 4,386.54.
  • Futures: 4,418.5.
  • Change: +36.75.

NASDAQ (mini)

  • Close: 14,243.69.
  • Futures: 14,368.75.
  • Change: +124.5.

RUSSELL (mini)

  • Close: 2,058.87.
  • Futures: 2,068.
  • Change: +11.9.

Note: Updated as of 9:15 a.m. EST

Each Thursday, I’ll combine two of my favorite things into a big-money opportunity: options plays and ETFs. Using options, we can turn momentum analysis of a specific sector — or even an entire country’s stock market — into an actionable trade with double- or triple-digit upside potential. I’ll give you all the details you need to execute this plan.

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 Roger’s Radar and the most important news and numbers in the WealthPress stock market recap.

WRITTEN BY<br>Roger Scott

Roger Scott

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