The major indexes slumped as investors brace for a busy week of earnings and the Federal Reserve’s latest interest rate announcement — and more in Monday’s stock market recap.
The Federal Open Market Committee meeting starts on Tuesday, with the Fed expected to announce a 0.25% interest rate hike on Wednesday.
This week also brings some of the most important earnings reports of the season.
General Motors Co. (NYSE: GM) reports before the bell on Tuesday, and Advanced Micro Devices Inc. (Nasdaq: AMD) reports after the bell.
Meta Platforms Inc. (Nasdaq: META) reports after the bell on Wednesday, while tech titans Apple Inc. (Nasdaq: AAPL), Alphabet Inc. (Nasdaq: GOOGL) and Amazon.com Inc. (Nasdaq: AMZN) all report after the bell on Thursday.
I’m expecting a lot of volatility and non-directional trading this week.
In this morning’s stock market recap video, I’ll discuss the biggest earnings coming out this week and why we need to be careful… if the bond market is our friend or enemy as we head into tech earnings… whether tech will rise or fall in the coming weeks… which sectors remain the strongest and why… why trading blue chips has been frustrating the last few months… what I expect from the Fed this week… how to gauge price levels on the three major indexes… plus where the action is in the second part of the week!
Don’t forget to like, subscribe and leave your comments and questions on our YouTube videos — we will respond!
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.
And once you learn how to use this pricing mismatch to your advantage, you’ll never look at the markets the same way again.
If you want to see this “pricing mismatch” in action and learn how to apply it to options trades…
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]!
- What Is the Dow and How Does It Work?
- A Beginner’s Guide to the Nasdaq and How to Trade It
- What Companies Make up the S&P 500 and How Can I Trade It?
- What Is the VIX? Understanding Stock Market Volatility
- A Beginner’s Guide to Stock Sector Analysis and Relative Strength
- How to Pick Winning Stocks With Simple Market Analysis Tools
Check back each morning for the Roger Scott newsletter and the most important news and numbers in the WealthPress stock market recap.