All Eyes on Consumer Discretionary — Plus Your Weekly Preview!

by | Sep 6, 2022 | Market Updates

The major indexes rose Tuesday morning following a three-day weekend for Labor Day — and more in Tuesday’s stock market recap.

Since we have a shortened trading week, the market is likely to be subdued and we might not see much volume the first few days.

We don’t have many earnings reports or much data to look forward to this week, but we will hear from Federal Reserve Chair Jerome Powell on Thursday.

Investors will look for more guidance on what’s to come, but it’s widely assumed the Fed will once again raise interest rates by 0.75% this month.

In this morning’s stock market recap video, I’ll reveal why current bond levels are crucial… if the real estate sector is set for a big bounce… if consumer discretionary stocks are ready to break lower… what medium-term momentum levels indicate… an update on the most important Fed announcements this week… why volatility isn’t spiking anymore… plus an update on the global economy and what it means for U.S. stocks.

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 Powerful ‘Numerical’ Sequence Hidden Behind Every Stock

Part supercomputer and entirely algorithmic…

We’re not talking about the next self-driving car, but rather the remarkable trading breakthrough known as the “S3 Advantage.”

After two years in development, this brainchild of myself and Jack Carter is finally ready to be released to the public!

It has to do with a powerful “numerical” sequence hidden behind every stock…

And at 1 p.m. EDT TODAY, Tuesday, Sept. 6, Jack Carter and I are going live one final time to show the system in action and answer your questions!

Watch the Presentation 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. 

On Tuesdays, I’ll detail the strongest and weakest sectors in the entire market. I’ll tell you exactly where I’d put my money and go long, and which ones I’d avoid or even short. Using my proprietary momentum indicator, you’ll get actionable ideas on every market sector, every single Tuesday.

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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