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Stocks Continue Reversing From Tech to Blue Chips — Watch These Levels

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rogerscott.com

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Roger@p.rogerscott.com

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Mon, Jun 24, 2024 01:23 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 Biggest catalyst ahead, key levels for commodities and how that affects, gold and energy stocks, bonds, what the Fed speakers will say this week, and what we can expect on the first presidential debate and how that can influence stocks. Plus, My top stocks for the afternoon session! [JOIN US HERE!]( [] _________________________________________________ [] [] Stocks Continue Reversing From Tech to Blue Chips — Watch These Levels A few weeks back we had a very strong Nasdaq and weak blue chips, and now we’re seeing a reversal of that. The main question now is whether or not that will continue. If you look at the broad market in the equal-weight S&P 500 (RSP), it’s not doing anything, and it’s been stuck in a range for quite some time. [Nothing but chop and no directional bias.]( Of course, if you look at the S&P 500 (SPY), it looks like it’s going straight up — because only a few stocks are carrying it higher. Which means most of the market is doing next to nothing right now, so I’m not particularly excited about the way things look. The next minor levels down for the Nasdaq 100 (QQQ) are $475, $472.50 after that and then $468.90. The S&P 500 (SPY) seems to be holding on at the $544 level, but if it breaks down, it can go to $540 in a hurry… The Dow (DIA), meanwhile, is moving higher this morning but still within range, and it doesn’t look like there’s much upside ahead… I’ll cover all that, my daily hitlist of longs and shorts and more in this morning’s “Premarket Must Watch” video! [That and More in Today’s ‘Premarket Must Watch’]( [] [] _________________________________________________ [] Mark Your Calendar… Because you have a rare chance to absorb a combined 70-plus years of trading experience, all in one day! My good friend T-Buz and I don’t get to team up all that often. But when we do, it’s because there’s something really BIG up ahead… And this time, it involves a totally overlooked opportunity that you simply do not want to miss… [We’ve discovered that there are specific days with big announcements]( that make the market move a lot more than other days. So we put together a new way to take advantage of these high-impact announcements. And boy oh boy, we were just in time... Because a series of announcements are set to hit over the next six days that could send stocks soaring… And we’re ready to target what could be big moves, so join us for a live event at 1 p.m. Eastern on Tuesday for the full rundown! [RSVP Here!]( [] ________________________________________________ [] Today’s Top S&P 500 Sectors Today’s S&P 500 CSI Leaders Semiconductor (SMH) Nvidia (NVDA) Technology (XLK) First Solar (FSLR) Nasdaq 100 (QQQ) Micron (MU) [] _________________________________________________ [] 🎥 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 took your "lottery trade" on QQQ ended the market with 50% change +$380 — Jade [] _________________________________________________ [] [] 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 Biggest catalyst ahead, key levels for commodities and how that affects, gold and energy stocks, bonds, what the Fed speakers will say this week, and what we can expect on the first presidential debate and how that can influence stocks. Plus, My top stocks for the afternoon session! [JOIN US HERE!]( [] _________________________________________________ [] [] Stocks Continue Reversing From Tech to Blue Chips — Watch These Levels A few weeks back we had a very strong Nasdaq and weak blue chips, and now we’re seeing a reversal of that. The main question now is whether or not that will continue. If you look at the broad market in the equal-weight S&P 500 (RSP), it’s not doing anything, and it’s been stuck in a range for quite some time. [Nothing but chop and no directional bias.]( Of course, if you look at the S&P 500 (SPY), it looks like it’s going straight up — because only a few stocks are carrying it higher. Which means most of the market is doing next to nothing right now, so I’m not particularly excited about the way things look. The next minor levels down for the Nasdaq 100 (QQQ) are $475, $472.50 after that and then $468.90. The S&P 500 (SPY) seems to be holding on at the $544 level, but if it breaks down, it can go to $540 in a hurry… The Dow (DIA), meanwhile, is moving higher this morning but still within range, and it doesn’t look like there’s much upside ahead… I’ll cover all that, my daily hitlist of longs and shorts and more in this morning’s “Premarket Must Watch” video! [That and More in Today’s ‘Premarket Must Watch’]( [] [] _________________________________________________ [] Mark Your Calendar… Because you have a rare chance to absorb a combined 70-plus years of trading experience, all in one day! My good friend T-Buz and I don’t get to team up all that often. But when we do, it’s because there’s something really BIG up ahead… And this time, it involves a totally overlooked opportunity that you simply do not want to miss… [We’ve discovered that there are specific days with big announcements]( that make the market move a lot more than other days. So we put together a new way to take advantage of these high-impact announcements. And boy oh boy, we were just in time... Because a series of announcements are set to hit over the next six days that could send stocks soaring… And we’re ready to target what could be big moves, so join us for a live event at 1 p.m. Eastern on Tuesday for the full rundown! [RSVP Here!]( [] ________________________________________________ [] Today’s Top S&P 500 Sectors Today’s S&P 500 CSI Leaders Semiconductor (SMH) Nvidia (NVDA) Technology (XLK) First Solar (FSLR) Nasdaq 100 (QQQ) Micron (MU) [] _________________________________________________ [] 🎥 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 took your "lottery trade" on QQQ ended the market with 50% change +$380 — Jade [] _________________________________________________ [] [] 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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