The major indexes fell Friday morning as investors worried over still-high inflation — and more in Friday’s stock market recap.

This week’s Consumer Price Index and Producer Price Index reports indicate inflation hasn’t peaked, which is weighing on the markets.

Investors are also considering St. Louis Federal Reserve President James Bullard’s recent comments… Bullard said he backed a 0.50% rate hike at the central bank’s most recent meeting when it raised its benchmark 0.25%, and he believes such a move could be on the table at the upcoming meeting in March.

With Richmond Fed President Tom Barkin scheduled to speak about the labor market on Friday, investors will be waiting to hear more hints of what’s to come next in the Fed’s rate-hiking campaign.

In this morning’s stock market recap video, I’ll discuss how algo traders are distorting historic trading action… the most likely scenario for stocks in the next few days… which sectors show promise of upside movement… what the Fed will do next… how bad earnings estimates are compared to expectations… plus how to gauge current market momentum!

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

P.S. I Just Revealed My Top 3 High-Alpha Stocks

Hot inflation data, better-than-expected jobless claims, earnings reports rolling in, fears of continued rate hikes… It’s been a crazy week in the markets!

That’s why I just held a special emergency briefing to cover the market’s reaction, and share my No. 1 way to capitalize on the craziness.

I even revealed my top 3 high-alpha stocks!

Watch the 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. 

On Fridays, we’ll review the week that was… We’ll discuss how our trades did, what we learned and how to apply it to next week’s trading plan, and any developing trade setups. This video will put a bow on the week. We’ll also go over winners from my different member strategies.

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.