The major indexes slipped Tuesday morning as investors considered the latest round of earnings reports.
First Republic Bank fell more than 20% after revealing that deposits dropped 40% in the first quarter, and that it will have to trim expenses in the second quarter.
Shipping company UPS missed earnings and revenue estimates, causing shares to fall almost 5%.
But investors are most keen to see how tech giants Alphabet Inc. Class A (Nasdaq: GOOGL) and Microsoft Corp. (Nasdaq: MSFT) perform when they report after the close Tuesday.
In this morning’s stock market recap video, I’ll discuss which sectors are hot and which ones are not… which stocks we should pay attention to right now… why the long bond is jumping higher all of a sudden… whether the economy will continue to cool off or heat up… the strongest sectors right now and why… which sectors continue to lose momentum… plus my favorite stocks and the ones I would fade today!
Don’t forget to like, subscribe and leave your comments and questions on our YouTube videos — we will respond!
P.S. Live Webinar: Unveiling the Hidden Stock Calendar with Jack Carter
There have been a lot of ups and downs in the stock market lately. And if you’re like most traders, you’re tired of it!
Well, my friend and fellow trader Jack Carter has something exciting to share that could be a game-changer during difficult market conditions like these…
It’s a hidden stock “calendar” that he recently discovered.
And he’s preparing to go live at 2 p.m. ET today, April 25, to reveal the calendar and 10 potential trades it’s highlighting right now!
Save Your Seat for Jack’s Presentation
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 Tuesdays, I’ll detail the strongest and weakest sectors in the entire market. I’ll tell you exactly where I’d put my money and go long, and which ones I’d avoid or even short. Using my proprietary momentum indicator, you’ll get actionable ideas on every market sector, every single Tuesday.
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 firstname.lastname@example.org!
- 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.