The major indexes stumbled Monday morning as investors look ahead to key inflation data this week as fears of a coming recession grow.

This week’s Consumer Price Index and Producer Price Index data — scheduled for Wednesday and Thursday, respectively — will give us more information about the current rate of inflation, and will help the Federal Reserve determine its next steps.

Last week’s employment data indicated the labor market is weakening. This lines up with economists’ expectations for the beginning of a slow-moving recession.

In other news, companies begin reporting first-quarter earnings this week. Tilray Brands Inc. (Nasdaq: TLRY) reports on Monday after the close, while big banks JPMorgan Chase & Co. (NYSE: JPM), Wells Fargo & Co. (NYSE: WFC) and Citigroup Inc. (NYSE: C) report on Friday before the open.

In this morning’s stock market recap video, I’ll discuss the biggest reports of the week and why they’re so important… which sectors are showing extreme vulnerability right now… if tech is going to stay firm or start trading lower… which sectors are set to thrive in the current landscape… if the bond market is set to trade higher or lower… why last Friday’s employment data is so important to this week’s trading action… plus how to gauge financial results from big banks right now!

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

P.S. Turn Deadbeat Stocks into Tradeable Opportunities

I’ve built my career exploiting the strongest stocks in the market…

But right now, the opportunity in the weakest stocks is too big to ignore.

I don’t have to tell you that stocks are crashing lower. Or that, unlike popular belief, most stocks actually go down over time, not up.

We’ve all experienced it.

But thanks to a single pattern that preceded some of the market’s biggest drops, we can use the worst stocks to find some of the best potential trading opportunities.

That’s why I’m holding a special training session at 1 p.m. ET tomorrow, April 11 to share my strategy.

Save Your Seat for the Event 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.