Market Approaches a Major Resistance Level as the Nasdaq Falls

To view this email as a web page, go [here.]( [Roger Scott Newsletter] July 22, 2022 [Market Approaches a Major Resistance Level as the Nasdaq Falls]( The broader indexes are mixed, with the Nasdaq sliding on Snap’s disappointing earnings report — and more in Friday’s stock market recap. Shares of the social media company plummeted 25% in extended trading Thursday following a missed on both earnings per share and revenue estimates. Snap also revealed it sees weakening revenue growth ahead and plans to slow hiring. Thursday’s Philadelphia Fed Manufacturing Index came in at -12.3, well below estimates of 0.4 and June’s number of -3.3. The index serves as an indicator for manufacturing conditions in the U.S. and while the most recent numbers aren’t good, it could mean we’re bottoming out. In this morning’s stock market recap video, I’ll reveal the key levels for the major indices and sectors… which sector is leading and why… why I'm nervous about tech and discretionary stocks… an update on earnings and why the numbers aren’t disappointing… plus how to prosper in the current economic cycle, and how long the choppiness is going to last. [Get the Details Here]( ________________________________________________________ Roger Scott 27+ years of trading experience. Traded multi-million dollar accounts and has trained thousands of new and experienced traders. ________________________________________________________ [An Unbelievable 100%* Win Rate… in THIS market?!]( My 249 beta testers actually did it! FIVE secret patterns have achieved a 100%* win rate on LIVE trade alerts so far! All while the markets have been a complete train wreck! That’s why I just went live to reveal these five secret market patterns… And I didn’t hold anything back — I shared exactly what the patterns are, the historic win rate and profit factor of each… even the exact entry and exit rules of the strategy. All at absolutely no cost! This could be the biggest discovery of my entire career, and I couldn’t wait to share this major breakthrough with you! If you missed out, not to worry... There’s still time to catch the replay! [See the Event Here]( ________________________________________________________ Is the Rally Over? Plus My Top ETF and Option Pick! July 21, 2022 The major indexes are down except for the Nasdaq, lifted by Tesla and its solid earnings report. [Continue Reading]( My Top, Bottom Stocks as We Head Into the Meat of Earnings Season July 20, 2022 Futures slid following Tuesday’s positive trading session as investors brace for more earnings news. [Continue Reading]( [Roger Scott] A WealthPress Publication *Stated results are typical for given period. Past performance is not indicative of any future results. Trade at your own risk. From 5/23/22 to 7/12/22 on live trades the average win rate is 100%, the average return is 15.3% over a 3 day average hold time. 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. WealthPress 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 Wealthpress LLC are for your informational purposes only. Neither Wealthpress 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. Wealthpress 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 [wealthpress.com/terms]( for our full Terms and Conditions. [Manage Your Email Preferences]( [Unsubscribe]( This email was sent by: WealthPress 7751 Belfort Parkway #120 Jacksonville, FL, 32556, US [Roger Scott]( [Update Profile](