The Biggest Threats This Week as Credit Suisse Falls on Failure Rumors

To view this email as a web page, go [here.]( [Roger Scott Newsletter] October 03, 2022 [The Biggest Threats This Week as Credit Suisse Falls on Failure Rumors]( The broader indexes are up as Wall Street looks to recover from a rough September — and more in Monday’s stock market recap. The S&P 500, Nasdaq and Dow all closed out a losing month and quarter on Friday, making it the third straight losing quarter for all three indexes. In other news, global investment bank Credit Suisse is down as much as 11% on concerns over its financial health and rumors of a potential bank failure. According to the Financial Times, the bank’s executives have reached out to reassure major investors. Other reports citing a memo from Chief Executive Ulrich Koerner suggest the bank is also looking to raise capital. As I’ve been saying for several weeks, the global economy is causing U.S. stocks to go down more than the American economy itself, and this is something we need to keep an eye on. In this morning’s stock market recap video, I’ll discuss the biggest threats in the markets this week… three top sectors to focus on right now… why the bond market may be done trading lower in the near term… which index is leading and why… earnings to watch for the week… plus an update on key momentum levels and what to expect from markets this week. [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. ________________________________________________________ [Homeowners, Beware — It Could Only Get Worse]( With 2022 being such a tough year already, the LAST thing Joy of the Trade’s Jeff Zananiri wants to do is add more rain to your parade… But this is unavoidable. Just the other day, when Federal Reserve Chair Jerome Powell committed to hiking interest rates again, and again… Something scary happened in the housing market… Mortgage rates jumped to new highs — even higher than before the Great Recession. - 30-year fixed: 7.479%. - 30-year fixed FHA: 6.917%. - 30-year fixed VA: 7.352%. Now, for those who own a home, you might wonder what this has to do with you… The answer is everything… your retirement plans… your nest egg... your kids’ and grandkids' futures… [Let Jeff Explain]( ________________________________________________________ An Urgent Momentum Update and What to Expect Next Week September 30, 2022 The major indexes were little changed Friday morning as the market looked to close out a week that saw the S&P 500 hit a new low for 2022. [Continue Reading]( Dead-Cat Bounce or Real Reversal? Plus My Top Sector, Option Play September 29, 2022 The major indexes headed lower Thursday morning, looking to give back some of Wednesday’s gains as the GDP report was released. [Continue Reading]( [Roger Scott] A WealthPress Publication 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 495 Town Plaza Ponte Vedra, FL, 32081, US [Roger Scott]( [Update Profile](