by rogerscott | Jun 13, 2023 | Daily Videos
The Consumer Price Index data released this morning showed inflation rose at the slowest annual rate in two years for the month of May, sending futures higher. The CPI rose just 0.1% for the month, bringing the year-over-year number down ro 4%. The number was 0.4%...
by rogerscott | Jun 12, 2023 | Daily Videos
The Nasdaq is up pretty big for a Monday, and we have some fairly big earnings reports coming this week… There aren’t a lot of companies left that still have to report, but Oracle Corp. (NYSE: ORCL) goes today, and Adobe Inc. (Nasdaq: ADBE) on Thursday,...
by rogerscott | Jun 9, 2023 | Daily Videos
Algo traders have been hitting energy, industrial and real estate sectors while tech has plateaued. Meanwhile, jobless claims have risen, which may lead to the Federal Reserve holding off on raising rates. Initial claims came in at 261,000, which means the jobs market...
by rogerscott | Jun 8, 2023 | Daily Videos
I’m back with an exciting bonus video where I reveal an approach to selecting chart patterns… And I’m going to dive into the world of Apple – one of the most popular stocks on the planet – to do it! So in today’s bonus video, I highlight the importance of a solid...
by rogerscott | Jun 8, 2023 | Daily Videos
The major indices are flat before the open as investors await the next market catalyst and digest the recent rally. We are seeing some movement in individual stocks, with meme stock GameStop’s shares plummeting about 21% following CEO Matthew Furlong’s firing....
by rogerscott | Jun 7, 2023 | Daily Videos
The major indices are mostly flat ahead of the open as the market is still digesting the big 700-point gain we saw in the Dow at the end of last week… And the big thing is we don’t have any major catalysts to rally, but I still believe the Dow can rise to the 34,250...