The market rose Wednesday morning as the most recent economic data hints that inflation may have peaked — and more in Wednesday’s stock market recap.

The Producer Price Index, which measures the wholesale cost of goods and services, fell 0.5% in December. Analysts expected a 0.1% decline.

With the PPI coming in much lower than estimates, investors are hopeful inflation is beginning to ease.

The core PPI, which excludes food and energy, was in line with estimates at 0.1%.

Meanwhile, earnings season continues with Kinder Morgan Inc. (NYSE: KMI) reporting after the close on Wednesday, Netflix Inc. (Nasdaq: NFLX) and Procter & Gamble Co. (NYSE: PG) reporting on Thursday, before the open and after the close, respectively, and Schlumberger Ltd. (NYSE: SLB) reporting before the open on Friday.

In this morning’s stock market recap video, I’ll reveal which sector is ready to move higher and which is ready to sink lower… whether the overall market is setting up to rise or fall… whether volatility is set to head higher or lower… which earnings you need to watch carefully and why… which stocks I would sell immediately… plus my No. 1 favorite stock today!

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

P.S. The Market Shift That’s Turned Stock Trading on its Head

There’s been a huge change in the markets lately.

You’ve probably felt it in your own trading.

It used to be that stock prices pushed around the direction of options prices…

But for the first time ever, we’re now seeing so many options contracts being traded…  options contracts are pushing around the underlying stocks!

It’s getting to the point where it may soon be more important to analyze options data than the stock itself to forecast potential opportunities…

And to be completely honest — this is a huge shift that most traders have no idea how to handle.

But Jack Carter has teamed up with Celeste Lindman to share a single, critical stock that could see huge upside from this major change.

And they’re going live at 1 p.m. ET today, Jan. 18, to share how you can get ahead of the curve and take advantage of this seismic shift.

Register for Their 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. 

Building on the sector analysis from Tuesday, I’ll take things a step further every Wednesday with two FREE trade alerts! I’ll identify my favorite stock in the strongest sector, and even a short opportunity from the weakest sector. That’s two trades… absolutely free… each week!

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.