Last week was the first real week of trading for the year as far as the stock market is concerned.
We had a full five sessions, remarks from Federal Reserve Chair Jerome Powell and other officials, Consumer Price Index inflation data and other reports, not to mention the big banks kicked off earnings season with their quarterly reports on Friday.
As we move into the thick of earnings season, I expect activity and volatility to pick up.
That’s why I held this special open house session to review upcoming reports and the potential opportunities around them.
I also zeroed in on the Energy sector and whether it’s heating up or cooling down, shared my top 3 energy stocks for the quarter, revealed whether it’s time to go bargain hunting for tech stocks or if there’s more downside ahead, and explained how current market choppiness affects trading stops.
Watch my open house session above for all the details!
P.S. Now You’ll Look at Earnings Season in a Brand-New Way
If you’ve traded earnings, you’ve probably seen some good plays go south… But don’t worry, it’s not your fault.
If you’ve ever listened to legendary trader Tom Busby, you know he usually tells folks to get out of any trades when earnings season comes around.
But because of a recent discovery he’s made… he is revamping the whole playbook!
Tom discovered that right after certain earnings announcements…
There’s a special window that opens up for just 72 hours…
And this discovery has completely changed how he trades earnings.
We’re talking about huge opportunities for traders to take advantage of these 72-hour windows.
And I’m sitting down with Tom at 8 p.m. ET today, Jan. 16, so he can explain how these windows work, and how everyday traders like us can start taking advantage of them.
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.
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.