The market was flat Thursday morning as investors considered Disney’s second-quarter earnings report and lower-than-expected wholesale inflation.

The Walt Disney Co. (NYSE: DIS) narrowly beat revenue estimates and missed on earnings, causing shares to fall more than 5%.

The company posted a loss on streaming, having lost subscribers during the second quarter. Recent price increases translated to higher revenue per subscriber, which helped to soften the blow.

Meanwhile, the latest Producer Price Index report came in at 0.2% versus estimates of 0.3%, giving investors further hope that inflation is easing.

In this morning’s stock market recap video, I’ll discuss why today’s PPI report is vital… whether the bond market is set to trade higher or lower… which sector appears bullish but is actually losing momentum… plus my top ETF and option pick for Thursday!

Don’t forget to like, subscribe and leave your comments and questions on our YouTube videos — we will respond!

P.S. Headline News Drives Market’s Biggest Moves

Only about 30 stocks in the S&P 500 are trading higher in 2023, the other 470 are still in the red!

But what’s really interesting is the reason why those 30 stocks are trading higher…

It has nothing to do with momentum or fundamentals. It’s all because of news headlines and catalysts.

And if you know how to target those headlines, you could unlock the potential for some amazing gains.

And my buddy Lance Ippolito is about to go live at 1 p.m. ET today, May 11, to reveal all the details on how he uses this information as a key part of his trading strategy.

Save Your Seat for the Session 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. 

Each Thursday, I’ll combine two of my favorite things into a big-money opportunity: options plays and ETFs. Using options, we can turn momentum analysis of a specific sector — or even an entire country’s stock market — into an actionable trade with double- or triple-digit upside potential. I’ll give you all the details you need to execute this plan.

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 [email protected]!

Check back each morning for the Roger Scott newsletter and the most important news and numbers in the WealthPress stock market recap.