The major indexes are mixed Thursday morning as the latest data pointed to cooling inflation.

The March Producer Price Index declined 0.5% month over month versus flat expectations. Core PPI, which excludes food and energy prices, decreased 0.1% month over month versus expectations of a 0.2% increase.

These numbers, which measure the prices paid by companies and producers, indicate that inflation is starting to cool.

Investors are still worried about the possibility of a recession, especially as the latest Federal Open Market Committee meeting minutes revealed the Fed is concerned about the recent banking crisis causing a mild recession later this year.

In this morning’s stock market recap video, I’ll discuss why the market was weak Wednesday… what Thursday’s PPI report is telling us… why the bond market is driving stocks right now… which ETFs I’m avoiding… why I’m being cautious with the Utilities and Health Care sectors… plus my top ETF and option pick for today’s choppy market action!

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’m going live at 1 p.m. ET today, April 13, to show this “pricing mismatch” in action and how to apply it to options trades. And as always, it doesn’t cost a thing to attend!

Sign Up for 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. 

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.