The major indexes are little changed as the market looks to close out a week that saw the S&P 500 hit a new low for 2022 — and more in Friday’s stock market recap.
Once again, global news is weighing on the U.S. stock market, as inflation in 19 countries using Europe’s euro spiked to a record high.
Federal Reserve Vice Chair Lael Brainard spoke Friday morning, stressing the need to continue fighting inflation. Brainard said the central bank remains “committed to avoiding pulling back prematurely” on its restrictive monetary policy.
In this morning’s stock market recap video, I’ll discuss why U.S. stocks are trading lower each day… whether the correlation between stocks and bonds remains strong… how to gauge the market environment over the past few sessions… if momentum levels are rising or falling… which sectors to stay away from… plus an update for the week ahead.
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!
I’m often asked how traders can participate in my upcoming projects…
The answer has always been the same…
When I have something, you’ll be among the first to know.
And right now, this is me letting you know!
What I uncovered in this new strategy shook me to my core…
That’s why I’m about to go live at noon EDT on Saturday, Oct. 1, for the full reveal!
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.
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 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.