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ON DECK FOR TODAY’S VIP TRADE ROOM: Monday-Wednesday: noon ET | Thursday-Friday: 11 a.m. ET What’s next for tech, will chips keep rising, are Chinese stocks still in play and is it too late to fade volatility? Best to trade trade gap setups, and my top and weakest stocks! JOIN US HERE! _________________________________________________ Dow, Nasdaq at Their 50-Day MA, MSFT, Energy Stocks, Volatility, Bonds and My Top Picks for Tuesday! We don’t have much Federal Reserve data but we do have a lot of earnings on deck… The trillion-dollar question is whether the Nasdaq and Dow have enough strength to continue moving higher. Why is that a big question? Because they’re both sitting right on their respective 50-day moving averages. So today will be a big step toward figuring out whether or not the market has more steam left, or if it’s ready to pull back. The Dow is a little weaker than I would like to see. Whenever you see divergence between the Dow and Nasdaq, you have to ask yourself which one is going to take over. More often than not, you’ll see a battle between blue chips and tech stocks. Usually by the end of the day, you’ll see a clear trend one way or the other, and what we’re seeing this morning is what I expected to see Monday, and vice versa. One downside of this battle is the S&P 500 (SPY) is often flat when the other two are battling. And this of course leads to lower-probability day trading because half of it’s being pulled down while the other half is being pulled up. I’ll cover all that and more in this morning’s “Premarket Must Watch” video! That and More in Today’s ‘Premarket Must Watch’_________________________________________________ It’s Almost Time for My Big Picture 2024 Presentation If you missed us yesterday, we had a gangbuster session with record attendance for my “Big Picture 2024” event… And I can’t wait to do it all over again at 1 p.m. ET TODAY, May 7! I’ll show everyone my top predictions for the rest of the year, and how to trade the incoming election volatility… We’re going to cover interest rates, oil, gold, crypto… you name it! I’m also going to show everyone how I track institutional buying and selling in real time, and how I’ve used this information to rack up a near-96% win rate with a group of over 800 traders! Just Go Here to Join the Fun! ________________________________________________
🎥 LIVE TRADE ROOM ACCESS 🎥 Join me and dozens of traders each day inside my LIVE VIP Trade Room! Each day, we analyze the markets together, build relationships and, more importantly… go over market education and new trade ideas! With the VIP Trade Room, you’ll have the opportunity to multiply your trading knowledge and confidence as quickly as possible. I’ll take the time to answer all of your trading questions, so fire away! Make sure to join us LIVE each day! SCHEDULE: Monday-Wednesday: noon to 1 p.m. ETThursday-Friday: 11 a.m. to noon ET. JOIN US HERE: http://rogerscott.com/viproom _________________________________________________ CUSTOMER STORY OF THE DAY Investing I've been pretty successful. But only in trading because of you. Way quicker acceleration thanks to you and Matt. Really appreciate you both and your patience in teaching us even when we have wrong ideas or ignorant questions. Invaluable and life changing. Thank you. — Ben_________________________________________________Follow along and join the conversation for real-time analysis, trade ideas, market insights and more! Telegram:https://t.me/+_vmfwkeP8fA5YWQ5 *This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.Join the Conversation Give us a follow on your social media platform of choice, and make your voice heard! |
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