A Potential Tech Meltdown Looms. Plus, My Top ETF and Option to Save the Day

To view this email as a web page, go [here.]( [Roger Scott Newsletter] [Lance Ippolito Is Going LIVE]( at 4pm ET TODAY With TWO MAJOR Catalysts Heading Into the Long Weekend! Is a Tech Meltdown Coming Our Way? Plus, My Top ETF and Option to Save the Day! [The Federal Reserve has spoken]( and the Nasdaq is down over 100 points premarket Thursday — that’s not random! We had Kroger earnings this morning before the open, and Adobe after the close. We also have jobless claims, which came in basically unchanged at 262,000 — but about 20,000 claims higher than the four-week moving average. A big factor the Fed is using to stop raising rates is because jobless claims have been relatively low. However, retail sales came in strong at 0.3% versus expectations of -0.2%. For May, excluding autos, the number is 0.1%, excluding autos and gas, it was 0.4%. In today's all-new video briefing, I’ll discuss whether tech is overdone or if there’s more upside to go… what momentum levels are pointing to right now in speculative stocks… the number of stocks showing overbought values… the best sector to be in right now… the best option to trade given the current economic scenario… and an update on the bond market and what to expect next, plus an update on volatility… [And Whether It Will Trade Higher]( ________________________________________________________ Have You Seen These Big-Money Moves? The market may be on a roll right now, [but looking at the bigger picture…]( I can’t think of a time in recent memory where it’s been harder to get ahead financially, which is what we all want. Everyday folks are still dealing with inflation, and we could see more banks collapse, which would be bad news for stocks again. The Fed didn’t raise rates Wednesday, but it was more hawkish than most folks would like. And we could see another rate hike in six weeks — also bad news! More and more, people are leveraging what I like to call “capital injections” that are pushing stocks higher, and fast — I’m talking about overnight! And these injections are hitting stocks every single day of the week… [Learn How to Take Advantage of These Money Moves]( ________________________________________________________ I’m Also Covering… - It’s a Huge Day for the Market With the Fed, PPI on Deck. [Plus, My Hot Stock Picks]( - Warning: A Possible Volatility Spike, Bond Rally and a [MAJOR Tech Downgrade]( ________________________________________________________ Roger Scott 29+ years of trading experience. Traded multi-million dollar accounts and has trained thousands of new and experienced traders. ________________________________________________________ *This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. [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](