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Latest PCE Report Gives the Market Some Juice — Why We Could Bounce From These Levels

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rogerscott.com

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Roger@p.rogerscott.com

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Fri, May 31, 2024 01:22 PM

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[] That and more this morning’s “Premarket Must Watch” video! To view this email as a web page, go [here.]( To view this email as a web page, go [here.]( [] [] [] [ON DECK FOR TODAY’S VIP TRADE ROOM:]( Monday-Wednesday: noon ET | Thursday-Friday: 11 a.m. ET Are consumer staples oversold, utilities overbought? The best options strategy for this market cycle, next major catalyst, critical midday levels, fastest-gaining stocks, fastest breakdown stocks — with options! [JOIN US HERE!]( [] _________________________________________________ [] [] PCE and Volatility Analysis, Bond Market Review, Commodities and My Hot Stocks! We’ll have a strong gap up after stocks were mixed this morning with volume rising as we get further away from the holiday, and I wouldn’t be surprised to see the Dow rise from these levels of support. The S&P 500, meanwhile, is getting closer to its 50-day moving average, and the key levels to watch are $519 and $523. [The Nasdaq 100 (QQQ) is also at a key level]( and it’s either going to bounce or fill the gap lower. Stocks got some juice at 8:30 a.m. from the latest Personal Income and Outlays report, which came in line with expectations — though, we have made any progress. [] The data is positive for the market so hopefully it will continue pushing volatility down and give us a new leg higher. We also got a couple of bad earnings reports late Thursday after both Dell (DELL) and Marvell (MRVL) took a dive. People have asked if the market will be impacted by what’s happened to Donald Trump with his felony convictions, but I don’t see that impacting the markets at all. We typically start seeing an impact in regard to who’s going to win after the first debate on June 27. [That and More in Today’s ‘Premarket Must Watch’]( [] [] _________________________________________________ [] The Most Underrated Chip Stock Just Flashed a Buy Signal Graham Lindman is going live at 10 am ET TODAY, May 30, to show everyone the most underrated chip stock with an 89.66% confidence rate from his Apex Stock Indicator. No, it’s not NVDA or SMCI! [He’ll give you the exact name and all of the details]( about this ticker for FREE today… And you better believe he’s rubbing his hands eagerly with anticipation about this opportunity… Because the Apex Indicator only fires a signal when it’s cracked the code on a ticker’s unique trading blueprint… Enabling us to know exactly when to enter and exit a trade while seeing the profit target and stop loss before we make it. Even better, there’s a nice juicy discount that’s about to expire — but you still have time to act! [Just Go Here and Join Graham at 10 a.m. ET!]( [] *The profits and performance shown are not typical, we make no future earnings claims, and you may lose money. The trades expressed are from historical data in order to demonstrate the potential of the system. [] ________________________________________________ [] Today’s Top S&P 500 Sectors Today’s S&P 500 CSI Leaders Semiconductors (SMH) First Solar (FSLR) Grayscale Bitcoin (GBTC) Moderna (MRNA) Retail (XRT) Nvidia (NVDA) [] _________________________________________________ [] 🎥 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. ET • Thursday-Friday: 11 a.m. to noon ET. JOIN US HERE: [( [] _________________________________________________ [] CUSTOMER STORY OF THE DAY Roger, First and foremost, I just joined the Trading Pit and love it. You have so much knowledge and experience. I have been paper trading your trading ideas from the afternoon room and have come out with some great testing data. I went from a 50% win rate on my own to a 91% win rate. — Raymond [] _________________________________________________ [] [] Follow along and join the conversation for real-time analysis, trade ideas, market insights and more! • Telegram:[_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! [] [] [] [ON DECK FOR TODAY’S VIP TRADE ROOM:]( Monday-Wednesday: noon ET | Thursday-Friday: 11 a.m. ET Are consumer staples oversold, utilities overbought? The best options strategy for this market cycle, next major catalyst, critical midday levels, fastest-gaining stocks, fastest breakdown stocks — with options! [JOIN US HERE!]( [] _________________________________________________ [] [] PCE and Volatility Analysis, Bond Market Review, Commodities and My Hot Stocks! We’ll have a strong gap up after stocks were mixed this morning with volume rising as we get further away from the holiday, and I wouldn’t be surprised to see the Dow rise from these levels of support. The S&P 500, meanwhile, is getting closer to its 50-day moving average, and the key levels to watch are $519 and $523. [The Nasdaq 100 (QQQ) is also at a key level]( and it’s either going to bounce or fill the gap lower. Stocks got some juice at 8:30 a.m. from the latest Personal Income and Outlays report, which came in line with expectations — though, we have made any progress. [] The data is positive for the market so hopefully it will continue pushing volatility down and give us a new leg higher. We also got a couple of bad earnings reports late Thursday after both Dell (DELL) and Marvell (MRVL) took a dive. People have asked if the market will be impacted by what’s happened to Donald Trump with his felony convictions, but I don’t see that impacting the markets at all. We typically start seeing an impact in regard to who’s going to win after the first debate on June 27. [That and More in Today’s ‘Premarket Must Watch’]( [] [] _________________________________________________ [] The Most Underrated Chip Stock Just Flashed a Buy Signal Graham Lindman is going live at 10 am ET TODAY, May 30, to show everyone the most underrated chip stock with an 89.66% confidence rate from his Apex Stock Indicator. No, it’s not NVDA or SMCI! [He’ll give you the exact name and all of the details]( about this ticker for FREE today… And you better believe he’s rubbing his hands eagerly with anticipation about this opportunity… Because the Apex Indicator only fires a signal when it’s cracked the code on a ticker’s unique trading blueprint… Enabling us to know exactly when to enter and exit a trade while seeing the profit target and stop loss before we make it. Even better, there’s a nice juicy discount that’s about to expire — but you still have time to act! [Just Go Here and Join Graham at 10 a.m. ET!]( [] *The profits and performance shown are not typical, we make no future earnings claims, and you may lose money. The trades expressed are from historical data in order to demonstrate the potential of the system. [] ________________________________________________ [] Today’s Top S&P 500 Sectors Today’s S&P 500 CSI Leaders Semiconductors (SMH) First Solar (FSLR) Grayscale Bitcoin (GBTC) Moderna (MRNA) Retail (XRT) Nvidia (NVDA) [] _________________________________________________ [] 🎥 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. ET - Thursday-Friday: 11 a.m. to noon ET. JOIN US HERE: [( [] _________________________________________________ [] CUSTOMER STORY OF THE DAY Roger, First and foremost, I just joined the Trading Pit and love it. You have so much knowledge and experience. I have been paper trading your trading ideas from the afternoon room and have come out with some great testing data. I went from a 50% win rate on my own to a 91% win rate. — Raymond [] _________________________________________________ [] [] Follow along and join the conversation for real-time analysis, trade ideas, market insights and more! - Telegram:[_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! [] ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. The TradingPub provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from The TradingPub are for your informational purposes only. Neither The TradingPub nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. The TradingPub is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit for our full Terms and Conditions. [Unsubscribe]( This email was sent to {EMAIL} by The TradingPub 101 Marketside Ave, Suite 404 PMB 318 Ponte Vedra, Florida 32081, United States [Roger Scott]( [] ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. The TradingPub provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from The TradingPub are for your informational purposes only. Neither The TradingPub nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. The TradingPub is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit for our full Terms and Conditions. [Unsubscribe]( This email was sent to {EMAIL} by The TradingPub 101 Marketside Ave, Suite 404 PMB 318 Ponte Vedra, Florida 32081, United States [Roger Scott](

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