2 Hot Stocks as Market Prepares for a BIG Rally

by | May 13, 2022 | Market Updates

U.S. stock futures bounced Friday morning and the 10-year Treasury yield ticked higher — and more in Friday’s stock market recap.

Federal Reserve Chair Jerome Powell said he can’t guarantee a “soft landing” for the economy in an interview released Thursday. Powell’s comments have caused a lot of concern that inflation will remain high even as the economy slows.

As the war in Ukraine continues, the head of the UN World Food Programme said “millions of people around the world will die” if Ukraine’s Black Sea ports aren’t reopened, pleading with Russian President Vladimir Putin to reopen trade channels.

This has been a concern of mine for months — and time and again I’ve been highlighting the companies whose products will be in high demand… like dry and canned goods producers Campbell Soup Co. (NYSE: CPB), Kraft Heinz Co. (Nasdaq: KHC), Kellogg Co. (NYSE: K) and Hormel Foods Corp. (NYSE: HRL).

To me this was obvious, and that’s why I make these daily videos — to bring you the news before it makes headlines.

In this morning’s stock market recap video, you’ll discover which sectors are ready to trade higher… why the market sold off yesterday… whether volatility is peaking or ready for take off… which sector remains in the first position and why… two hot stocks showing strong pullbacks… plus a full update on the global turmoil and some stocks poised to help.

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. The Markets Are Going Haywire 

Even if investors could figure out this market’s insane volatility, there are still too many disadvantages to deal with.

We’ve seen stocks rebound from similar environments in the past… but we don’t know exactly when that could happen.

So I just went live to share one of my favorite rotational strategies that includes a hedge to help protect against downside moves.

Watch the Replay Here

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: 31,730.3.
  • Futures: 31,909.
  • Change: +257.

S&P 500 (mini)

  • Close: 3,930.08.
  • Futures: 3,973.75.
  • Change: +46.25.

NASDAQ (mini)

  • Close: 11,945.5.
  • Futures: 12,148.75.
  • Change: +201.5.

RUSSELL (mini)

  • Close: 1,739.38.
  • Futures: 1,757.5.
  • Change: +19.9.

Note: Updated as of 9:28 a.m. EDT

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 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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