loader image

Don’t Panic! Your Plan of Action for Monday’s Big Sell-Off

by | Sep 20, 2021 | Market Updates

We’ve been talking about a much-needed pullback to fix fragmentation and get back to a more consolidated market. And this could be a huge buying opportunity. So I’ve picked out four plays to trade this market pullback — and more in Monday’s stock market recap.

But first…

Stock Market Recap

In this stock market recap, global stocks are lower as China and interest rates pressure Wall Street.

The S&P 500 sectors are showing a recovery from the fragmentation we’ve seen in previous months. Monday’s pullback could be a representation of large caps consolidating and trading more in tune with the rest of the stock market.

The latest Federal Open Market Committee announcement is scheduled for Wednesday, and Federal Reserve Chair Jerome Powell will speak on Friday. Traders are also concerned about the debt ceiling and possible cuts if the cap isn’t raised. Chinese real estate developer Evergrande could default on its debt, which could affect other companies, industries and markets — hence Monday’s sell-off. 

But this market could be a great buying opportunity. We don’t know exactly when it could bottom out, so make sure to spread your entries and don’t jump in all at once.

Roger’s Radar: Four Pullbacks to Trade Market Cooldown

Facebook Inc. (Nasdaq: FB) has been pulling back to its 50-day moving average, dipping below it this past trading session. It’s had a strong six-month upward trend, and this could be a great entry point if the market bounces. 

The second stock on my radar is an energy company that dropped too far, too fast. I mentioned the third pick recently and it’s a communications company better known for its navigation business. The last pick is a real estate investment trust involved in the self-storage property business. 

In this video, you’ll discover whether the sell-off is sustainable or a blip… what market internals are showing us… a big update on China and the Fed’s agenda…  what bonds will likely do this week… and the top low-risk pullback opportunities for right now. 

Know Your Moves Before the Market Opens

Wall Street has been choppy of late, and it’s getting harder and harder to analyze the market. 

There’s so much data pulling investors in different directions… like rising COVID-19 cases, an economy running too hot, then an economy slowing down, rampant inflation, bond tapering, rising interest rates and supply chain issues…. phew! 

It’s a daunting task just to have a proper gameplan when the market opens these days…

But there’s a way to start each trading day with specific predictions on how stocks are going to move… and it all occurs before the opening bell!

It’s a pattern called “Early Bird Cash,” and the world’s No. 1 premarket trader is sharing it with investors who are ready to step up their game.

Click Here to Unlock It  

WRITTEN BY<br>Roger Scott

Roger Scott

What to read next

99 Problems and a “Pivot” is One

99 Problems and a “Pivot” is One

A friend of mine sent me this chart about three months ago. I should probably print it and keep it in my wallet next to a photo of my daughter. Given the sheer number of questions I’ve fielded lately, I’ll probably end up showing this chart more than her picture.

read more
Everything Everywhere, Going Down, All At Once

Everything Everywhere, Going Down, All At Once

When our momentum reading went negative last week, I didn’t know that we’d have the second largest bank failure in U.S. history three days later. All I knew was that it went negative… and that we got out of the way.

read more
Trust But Verify…

Trust But Verify…

I want to talk about our version of “Trust but Verify” in the markets. Qualification is the most important part of the investing process. And this F score value strategy looks to be crushing the current market.

read more

Have any questions? Contact Our Customer Service Team