Plus whatâs next for the Nasdaq! To view this email as a web page, go [here.]( [Roger Scott Newsletter] Published: May 31, 2023 [My Top Trades With More Tech Earnings on Deck]( [Live at 11 a.m. ET TODAY – “Roundtable With Don Yocham” Featuring Celeste Lindman, Jeffrey Muller and Yours Truly, Roger Scott!]( Before we get to today’s stock market outlook, I want to let you know that I’m appearing on “Roundtable With Don Yocham” alongside Celeste Lindman and Jeffrey Muller at 11 a.m. ET today, May 31! Join us here: [( We’ll discuss whether the Federal Reserve pivot is in the rearview mirror, including the latest news regarding a potential 0.25% rate hike. Jeffrey will also share his ground-floor opportunity in AI, Celeste will take us through how she uses cycles to approach short-term options trading with a long-term view, and I'll reveal some beaten-down sectors primed for a reversal! The market was down Wednesday morning as traders awaited news of debt ceiling progress out of Washington. The Nasdaq is up 6.5% for the month as we head into the last trading day of May. Part of the reason for this outperformance is the excitement surrounding artificial intelligence. The current deal to raise the debt ceiling has advanced to the House floor, with the vote scheduled for 8:30 p.m. ET Wednesday. The AI frenzy pushed the market cap for semiconductor manufacturer Nvidia over $1 trillion on Tuesday. But with just a handful of stocks behind the recent surge, many investors are worried the trend doesn’t have the strength to continue long term. In this morning’s stock market recap video, I’ll discuss if the debt ceiling is still driving this market… if tech is done trading higher… if bonds are set to rally or fall apart… the two sectors that are overdone to the downside… an update on the global economy and what it means for the United States… plus my top two long trades and two shorts for today's session! [Get My Top Trades Here](
P.S. I’m also going live at noon ET today, May 31, in my VIP Champion Trade Room ! I’ll talk about current market action, scan for opportunities and answer your questions, so I hope to see you there! Join us here at noon ET: [( ________________________________________________________ Roger Scott
29+ years of trading experience. Traded multi-million dollar accounts and has trained thousands of new and experienced traders. ________________________________________________________ [If You Missed Celeste’s May Prediction, You Have to See This…]( Trading veteran Celeste Lindman is going live at 1 p.m. ET today, May 31, for a special presentation! She’s going to reveal the one market that’s safer and more reliable than stocks! It’s not gold or real estate… and it’s much larger and older than the stock market. She calls them “Liberty Trades,” and with this new strategy, it doesn’t matter which direction the major indices are moving. Celeste hit the nail on the head with her May prediction… and you don’t want to miss what she’s predicting for June! [Save Your Seat Here]( Algos Are Attacking Consumer Staples, Utilities and Healthcare Roger Scott | May 26, 2023 The major indexes crept higher as investors eyed an end to the [debt ceiling negotiations.]( 2 Overdone Sectors and an End to the Debt Ceiling Crisis Roger Scott | May 30, 2023 The major indexes rose to start the shortened trading week Tuesday morning on positive news regarding [the debt ceiling debate.]( [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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