Before I get to today’s stock market outlook, I wanted to let you know that I’ll soon be going live alongside Celeste Lindman and Jack Carter at 11 a.m. ET for today’s Roundtable session with Don Yocham!
We’ll be discussing earnings and whether recession warning signals are flashing, the Federal Reserve’s upcoming meeting and potential interest rate hike next Wednesday, how the exchanges are adapting to market conditions and more!
Use this link to join us at 11 a.m. ET: https://prosperitypub.com/roundtable
The broader market rose Wednesday morning and Nasdaq futures gained 1% during premarket trading following a strong earnings report from Microsoft.
Microsoft Corp. (Nasdaq: MSFT) beat top- and bottom-line Wall Street estimates Tuesday afternoon, reporting a big jump in revenue from its cloud business segment. Shares rose 8% during after-market hours.
Google parent Alphabet Inc. Class A (Nasdaq: GOOGL) also came in ahead of estimates.
All eyes are now on Meta Platforms Inc. (Nasdaq: META) as it prepares to report after the bell Wednesday.
In this morning’s stock market recap video, I’ll discuss which Federal Reserve reports could be dangerous for this market… which sectors are heating up and which are cooling down… why the bond market is trading higher right now… if tech is going to rebound or drop like a rock… how to position yourself for safety in light of earnings… which stocks to avoid right now… if the global economy is following the U.S. economy… plus my top actionable long trade and short trades for Wednesday!
Don’t forget to like, subscribe and leave your comments and questions on our YouTube videos — we will respond!
P.S. Live Reveal: No More ‘BS’ With Celeste’s New Indicator
Celeste Lindman and her team just created a brand-new indicator designed to help protect fellow traders from all the “BS” out there.
This new indicator shows potential entry and exit points, helping fellow investors cut through the noise and trade with less emotion.
There are no complicated patterns… no guesswork… and no BS!
And Celeste is holding a special live presentation to reveal her new indicator at 1 p.m. ET today, April 26!
Save Your Spot for Celeste’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.
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]!
- 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.