by rogerscott | Jun 6, 2023 | Daily Videos, Market Analysis, Trade Ideas
We’re seeing mostly random action in the major indices this morning… Just last week, we saw the Dow rally about 750 points on news of a resolution to the debt ceiling… And the question I have is whether that price action will remain, or if the market is due to cool...
by rogerscott | Jun 5, 2023 | Daily Videos
There’s a lot to discuss this week, the most important of which is probably the energy market… I mentioned just over a week ago that energy looked ready to start running higher. And in the past week or so, boy oh boy did we run up! Just check out how much we’ve run...
by rogerscott | Jun 2, 2023 | Daily Videos
The major indices are up premarket and we finally have a debt ceiling bill in place. Friday’s big report is the employment situation, and payrolls rose by 339,000 for May, much better than the 190,000 Dow Jones estimate. It was the 29th straight month of positive...
by rogerscott | Jun 1, 2023 | Daily Videos
The market is little changed following news that the U.S. House passed a debt ceiling bill and sent it to the Senate. The Fiscal Responsibility Act passed with bipartisan support, and is key in raising the debt ceiling and preventing the U.S. from defaulting....
by rogerscott | May 31, 2023 | Daily Videos
Before we get to today’s stock market outlook, I want to let you know that I’m appearing on “Roundtable With Don Yocham” alongside Celeste Lindman and Jeffrey Muller at 11 a.m. ET today, May 31! Join us here: https://prosperitypub.com/roundtable We’ll discuss...
by rogerscott | May 30, 2023 | Daily Videos
The major indexes rose to start the shortened trading week Tuesday morning on positive news regarding the debt ceiling debate. President Joe Biden and House Speaker Kevin McCarthy appeared to reach a deal over the long Memorial Day weekend on raising the U.S. debt...