Before we begin, I want to let you know that I’m holding a special open house session of our VIP Trade Room at 11 a.m. ET today, Feb. 3!

I’ll dive into what earnings are telling us about the quarter, which sectors are gaining in strength, how to position ourselves in the current market, five stocks I would sell, and which stocks I’m targeting right now!

Use this link to join:

Moving on to today’s stock market recap…

The major indexes dipped Friday morning as traders digested a stronger-than-expected jobs report.

January payrolls increased by 517,000, crushing the 187,000 estimate. The unemployment rate dropped to 3.4% versus an estimate of 3.6%. This is also the lowest jobless level since 1969.

Such a strong labor market has investors concerned that the Federal Reserve is likely to keep raising rates.

Meanwhile,  Apple Inc. (Nasdaq: AAPL) and Google parent company Alphabet Inc. Class A (Nasdaq: GOOGL) both missed top- and bottom-line estimates, sending shares down 2% and 4%, respectively, during premarket trading.

In this morning’s stock market recap video, I’ll discuss what’s going on with tech and whether it’s going higher or lower… what algorithms are doing to distort your view of reality… whether volatility has bottomed out… what to expect from the Fed… whether market internals are signaling more upside or downside ahead… plus the major earnings data the markets need to digest!

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

P.S. Newly Discovered ‘Pricing Mismatch’ in the Options Market

We’ve just discovered a shocking “pricing mismatch” in the options market…

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.

Once you learn how to use this pricing mismatch to your advantage, you’ll never look at the markets the same way again.

And I just held a special presentation to show this “pricing mismatch” in action and how to apply it to options trades…

Watch 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. 

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.