To view this email as a web page, go [here.]( [Roger Scott Newsletter] November 29, 2022 [Why Blue Chips Are Seeing RED, Plus Your Macro Update](
Before we get to the stock market recap, I have a special announcement to make… Tuesday’s The Big Picture — where I sit down with special guest Celeste Lindman — [is about to get started!]( Celeste is a former registered CPA who got her start at Lehman Hutton before moving on to Ernst & Young — Wall Street-trained, through and through! Following the Great Recession, she realized that no one — including her financial adviser — cared about her money more than her. So she sought out the top trading minds in the business — Tom Busby, Chuck Hughes and Jack Carter, just to name a few — to hone her skills. Then she began teaching fellow traders at in-person events and online classes. We’ll discuss what seasonality says the market might do through 2023, this week’s upcoming gross domestic product report and Federal Reserve talks, and how those two events stand to impact the market. And, of course, we’ll break down market levels and let you know of any opportunities we’re watching. We’ll cover all this and more, and we’re just about to get started at 10 a.m. ET! [Go here to join!](
Stock Market Recap, Nov. 29, 2022
The S&P 500 and Nasdaq ticked higher Tuesday morning following Monday’s sell-off — and more in Tuesday’s stock market recap. The move higher followed a rally in Chinese stocks after reports out of China claimed 65.8% of people over the age of 80 have received COVID-19 booster shots. A lot of investors think the market is heating up, but I don’t think this momentum is going to hold. When stocks open higher after a down day, they tend to head even lower. And when you look at momentum levels and market internals, things look a lot more concerning… In this morning’s stock market recap video, I’ll reveal what momentum levels are pointing to next and why I believe markets have more downside pressure… what volatility has to say about current price action… where I see the S&P 500 and Dow trading down to… how to gauge the number of stocks making highs and lows right now… plus a current review of weekly traps and opportunities! [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. ________________________________________________________ [What WWII, the Great Recession and the COVID-19 Crash Had In Common]( Trading has been harder than ever for most traders this year… But what if you were able to take advantage of ONE market trend that’s been proven, time and time again? One that’s never failed to unfold, even during the Great Depression, World War II, 1987’s Black Monday and the dot-com crash, to name a few... We’re talking about one trend a very unlikely trader stumbled upon 560 days ago… And once she shared this trend with me, I was SHOCKED! I just couldn’t believe I’d never seen this in the near-three decades of my trading… That’s why he insisted she reveal it to all his readers in a special live presentation. And the best part is, it didn’t cost a thing to attend! If you missed the live event, not to worry… [There's Still Time to Catch the Replay Here]( ________________________________________________________
Why Wednesday Is an Extra-Dangerous Day to Trade
November 23, 2022 The major indexes were mixed Wednesday morning as investors awaited the Federal Reserve’s meeting minutes. [Continue Reading](
Market Shows BIG Red Flags Heading Into the December Fed Meeting
November 28, 2022 The major indexes were down Monday morning following unrest in China due to the country’s COVID-19 restrictions. [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.
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