The major indexes are flat to start the week as the market awaits a bevy of upcoming earnings reports.

This week’s reports will set the tone for the rest of earnings season, and give investors some insight into the health of these companies and the economy.

Investors have been eyeing the overall health of the Financials sector after the collapse of Silicon Valley Bank last month, spurred a liquidity crisis.

JPMorgan Chase & Co. (NYSE: JPM) and Wells Fargo & Co. (NYSE: WFC) beat expectations on Friday, indicating larger banks are standing strong despite worries of a coming recession.

Earnings on deck this week include Netflix Inc. (Nasdaq: NFLX) after the close Tuesday, International Business Machines Corp. (NYSE: IBM) and Kinder Morgan Inc. (NYSE: KMI) after the close Wednesday, and AT&T Inc. (NYSE: T) before the open Thursday.


In this morning’s stock market recap video, I’ll discuss what to expect from the Federal Reserve this week… if rates will move up 0.25% or stay flat… which sectors are set to trade higher and which are in the danger zone… why I’m super cautious on the overall market right now… if bonds are pricing in a recession or if the Fed will lower rates due to deflation… the biggest reports on the table Monday… plus how to stay away from danger this week!

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

P.S. Bargains DO Exist in the Market

I love a good bargain, don’t you?

And little do people know… hefty bargains do exist in the stock market! You just have to know where to look.

The “pricing mismatch” I just discovered requires traders to disregard the share price and focus on the options…

And thanks to this mismatch, even a tiny 1% move in a stock could lead to gains as high as 31%… 41%… even 46% or more in a matter of days.

That’s why I just held a special presentation to show this “pricing mismatch” in action and how to apply it to options trades!

Watch My 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. 

To kick off the week, each Monday video will outline my weekly outlook and any actionable announcements, news or catalysts I’m watching. I’ll also outline exactly which opportunities I expect to unfold in the coming five trading days, so check out this short video for more information!

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.