The Strongest, Weakest Stocks as Bulls, Bears Fight for Control

To view this email as a web page, go [here.]( [Roger Scott Newsletter] October 05, 2022 [The Strongest, Weakest Stocks as Bulls, Bears Fight for Control]( The major indexes are down following a two-day rally on Wall Street — and more in Wednesday’s stock market recap. As I mentioned in Tuesday’s recap, it’s a big week for data... The ADP jobs report showed 208,000 jobs added in September, exceeding consensus estimates. But the JOLTS report revealed a loss of more than 1 million openings in August, a drop of about 10%. Friday’s employment situation report is the last jobs report before the Federal Reserve’s next meeting on Nov. 2. The Fed will take these numbers into account as it makes its next decision on interest rates. If the jobs situation appears weak, there’s a chance the Fed could slow the pace of its rate hikes. In this morning’s stock market recap video, I’ll discuss what's pulling stocks down this morning… why bond trading action is relevant right now… which sectors continue to lead and why… whether volatility is coming down and what to expect… my top stock right now and an option pick… which stock to avoid or sell short and why… plus a full update on the global economy. [Get the Stocks 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… And Jeff just revealed everything in a special emergency briefing! [Watch the Session Here]( ________________________________________________________ My Top Sector and Stock as the Market Breaks Out October 04, 2022 The major indexes were up Tuesday morning as Wall Street tried to shake off a brutal September that brought new yearly lows. [Continue Reading]( The Biggest Threats This Week as Credit Suisse Falls on Failure Rumors October 03, 2022 The broader indexes were up Monday morning as Wall Street looks to recover from a rough September. [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](