2 ETFs I’m Buying and 3 I’m Selling as Retail Earnings Roll In

To view this email as a web page, go [here.]( [Roger Scott Newsletter] Published: March 2, 2023 [2 ETFs I’m Buying and 3 I’m Selling as Retail Earnings Roll In]( The major indexes are mixed as investors consider the latest jobless claims data and await the Federal Reserve’s next move in its fight against inflation. Initial jobless claims came in at 190,000 versus 196,000 expected, indicating there’s still strength in the jobs market. Investors will be listening for information on the central bank’s upcoming plans as Fed Governor Christopher Waller speaks Thursday afternoon. Earnings season continues, with retailer Macy's beating estimates and meeting revenue, sending shares up more than 7%. Electronics retailer Best Buy beat fourth-quarter earnings estimates, but fell short on fiscal year earnings and issued disappointing revenue guidance. Shares dropped almost 2% on the news. Cloud software company Salesforce smashed Wall Street expectations, issued a strong forecast and announced it’s expanding its buyback program, causing shares to soar nearly 16% in premarket trading. In this morning’s stock market recap video, I’ll discuss if algo traders are messing with the Dow again… whether the Fed is looking to put more pressure on the economy and why… how to navigate the current market action… which two ETFs appear to have bottomed out in the short term… whether bonds are setting stocks up for upside or downside ahead… plus which sectors I'm bullish on right now, and which ones I believe will decline over the next few sessions! [Get the Details Here]( ________________________________________________________ Roger Scott 29+ years of trading experience. Traded multi-million dollar accounts and has trained thousands of new and experienced traders. ________________________________________________________ [The Buy Signal I Can’t Ignore]( Several technical and fundamental factors need to line up before I consider entering a trade. But for the first time this year, I’ve seen my No. 1 buy signal flash on my No. 1 breakout stock! That doesn’t happen often… That’s why I just held a special, live presentation to walk you through my No. 1 buy signal, and even reveal my No. 1 breakout stock! [Click Here to Watch the Presentation]( --------------------------------------------------------------- Market Stumbles With Retail Earnings Coming In February 28, 2023 The market stumbled to start the last trading day of February as retail stocks began to report. [Continue Reading]( Earnings Reports to Watch, and the 1 Sector Poised to Breakout March 1, 2023 The market slipped to start March as investors struggle to regain their footing as Tuesday marked an end to a losing month for the major averages. [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](