Avoid Bottom Picking Stocks Like NVDA and AMD. Focus on These Tickers and Sectors

[] Today's market commentary from TradingPub is here! To view this email as a web page, go [here.]( To view this email as a web page, go [here.]( [] [] [] Get Roger’s TOP TWO stocks to short Thursday… [LIVE at 1 p.m. ET TODAY!]( Avoid Bottom Picking Stocks Like NVDA and AMD. Focus on These Tickers and Sectors [] I’m sure you’ve seen today that price action is all over the place… As of 11 a.m. ET, the Nasdaq 100 (QQQ) is down 2.1%, and the S&P 500 (SPY) is down 1.1% as the rotation out of the biggest stocks into smaller and mid-cap names continues. The chip sector (SMH) is getting the brunt of today’s tech sell-off — down 4.8% already — on the heels of ASML Holding (ASML) earnings, which has it down nearly 11%. Let me repeat something I said this morning: Right now is no time to be a hero. This is a very dangerous market — but it is not without opportunity! In fact, I’ll be live at 1 p.m. ET with [my top TWO stocks to short Thursday!]( In this trading environment, it's crucial to approach with caution. Recent observations highlight some critical indicators that tell me the market is overextended. Here’s a detailed look… Navigating the Current Market: A Cautionary Tale The market's momentum has been overwhelming, with many stocks getting ahead of themselves. As I said above, the Nasdaq and S&P 500 are getting crushed while the Dow and Russell 2000 are rising. This disparity in market movement indicates a potential imbalance that traders need to be aware of. One key indicator of market overextension [I’ve been discussing on Telegram]( is the number of stocks hitting 90-day highs. Recently, 642 stocks were on my 90-day high list, a MAJOR increase that usually signals the market is overdone to the upside. Typically, when this number exceeds 450, it sets off alarms that the market might be reaching a peak. This is why it’s crucial that we do not over trade. When the market shows signs of being overextended, it's wise to hold off on new long positions — several people told me I saved them from going long Tuesday! Momentum indicators suggest a potential pullback, and trading large sizes in this environment is risky. Here are some specific things I’m seeing… Certain sectors and stocks need careful attention: • Semiconductors: Recently, chip stocks have been volatile, and it's crucial to monitor their performance closely. • Financials: Large-cap bank stocks have been performing well, with notable earnings reports. • Health Care: Large-cap biotech stocks are also showing promise, making them worth watching. Market Indicators Several market indicators are currently flashing caution: • VIX (Volatility Index): The VIX is in panic mode, up nearly 7.5% today and indicating heightened market anxiety. While not yet critical, it’s a sign that traders should be alert. Watch the 15 level. • Bond Market and Gold: The bond market and gold prices are showing signs of increased interest, particularly from Chinese investors who are moving away from assets in the U.S. dollar. Earnings Upcoming earnings reports and economic data are critical for gauging market direction. Key reports to watch include housing starts, industrial production, and the Beige Book. These reports will provide insights into the market's health and potential future movements. Rotation and Sector Strength We’re seeing a rotation from tech stocks to small caps and blue chips. This indicates that while tech stocks might be losing steam, there’s still interest in other market areas. However, if bad data persists, we might start seeing money move out of the market entirely, which would be a red flag for further downturns. In this volatile environment, it’s essential to focus on strong stocks showing clear signals. Avoid bottom picking in stocks like Nvidia (NVDA) and Advanced Micro Devices (AMD), which are too volatile right now. Instead, look for stocks making new highs and showing consistent upward momentum. Financials, health care, and select tech stocks are still areas of interest. Again, the current environment demands a cautious approach. With signs of overextension, high volatility and uncertain economic data, it’s crucial to avoid aggressive trading. Focus on strong stocks with clear signals and be prepared for potential pullbacks. By staying vigilant and cautious, traders can navigate this challenging market landscape more effectively. I hope that helps! [] Roger Scott Roger Scott Trading Follow along and join the conversation for real-time analysis, trade ideas, market insights and more! Telegram: [_vmfwkeP8fA5YWQ5]( *This is for informational and educational purposes only. There is an inherent risk in trading, so trade at your own risk. [] _______________________________________________ [] LIVE at 1 p.m. ET: Get My Top 2 Stocks to Short for Thursday We’re opening the live room to give you my top two short plays for today, live at 1 p.m. ET! We’ll be using the A-line indicator, and I’ll show everyone how it works… You see, it does NOT just help me target plays to the upside. [But it works just as well — if not better — to the down side.]( Obviously, I cannot promise future profits or shield against losses, which happen in trading. But if you’d like to see my top 2 shorts for today… [Join Me at 1 p.m. ET TODAY!]( [] *The profits and performance shown are not typical, we make no future earnings claims, and you may lose money. From 2/25/20 through 7/15/24, the average win rate on live published trade alerts is 72%. The average weighted rate of return on options trades was 7.82% over a 13 day average hold time. [] _______________________________________________ [] Jeffry's ‘30 Minutes of Awesome’ Rerun: Big Tech Earnings are COMING!?! If you missed Jeffry Turnmire’s [“30 Minutes of Awesome” late Tuesday]( it’s not too late to let Jeffry fill you in on everything he’s seeing, including… Second-quarter earnings are ramping up quickly. Financials are nearly done and then money will rotate toward big tech as those companies report. Come find out what Jeffry had to say and bring your tickers! Jeffry also did some analysis on SPX, Nasdaq, SPY, QQQ, IWM, oil, gold, bitcoin, crypto, AAPL, TSLA, AMZN, natural gas and much more! [Go Here to Catch ‘30 Minutes of Awesome’!]( [] Want to get a link to TradingPub content, trade ideas, real-time market analysis and educational tidbits? We have you covered! Telegram is an entirely free messaging app and getting access is as easy as 1… 2… 3… 1. Download Telegram on your mobile device (Before you can add Telegram to your desktop computer, you must download the application on your phone and create your account: To download to your iPhone, [click here](. To download to your Android device, [click here](. After the download is complete, please create an account. NOTE: You can manage your privacy settings by clicking “Settings,” and then “Privacy & Security.” 2. Download Telegram on your desktop: Once you’ve downloaded Telegram onto your mobile device and created your personal account, you can download it onto your desktop computer. To download onto your PC, [click here](. To download onto your MacOS, [click here](. 3. Then add our channels by clicking these links! • Lance Ippolito: [-gVwEIwGJhplMTgx]( • Graham Lindman: [abM5RWRJKrpkNWI5]( • Roger Scott: [_vmfwkeP8fA5YWQ5]( • Jeffry Turnmire: [6TdDE7-F6GlhMmJh]( See you there! [] _______________________________________________ [] [] [] Get Roger’s TOP TWO stocks to short Thursday… [LIVE at 1 p.m. ET TODAY!]( Avoid Bottom Picking Stocks Like NVDA and AMD. Focus on These Tickers and Sectors [] I’m sure you’ve seen today that price action is all over the place… As of 11 a.m. ET, the Nasdaq 100 (QQQ) is down 2.1%, and the S&P 500 (SPY) is down 1.1% as the rotation out of the biggest stocks into smaller and mid-cap names continues. The chip sector (SMH) is getting the brunt of today’s tech sell-off — down 4.8% already — on the heels of ASML Holding (ASML) earnings, which has it down nearly 11%. Let me repeat something I said this morning: Right now is no time to be a hero. This is a very dangerous market — but it is not without opportunity! In fact, I’ll be live at 1 p.m. ET with [my top TWO stocks to short Thursday!]( In this trading environment, it's crucial to approach with caution. Recent observations highlight some critical indicators that tell me the market is overextended. Here’s a detailed look… Navigating the Current Market: A Cautionary Tale The market's momentum has been overwhelming, with many stocks getting ahead of themselves. As I said above, the Nasdaq and S&P 500 are getting crushed while the Dow and Russell 2000 are rising. This disparity in market movement indicates a potential imbalance that traders need to be aware of. One key indicator of market overextension [I’ve been discussing on Telegram]( is the number of stocks hitting 90-day highs. Recently, 642 stocks were on my 90-day high list, a MAJOR increase that usually signals the market is overdone to the upside. Typically, when this number exceeds 450, it sets off alarms that the market might be reaching a peak. This is why it’s crucial that we do not over trade. When the market shows signs of being overextended, it's wise to hold off on new long positions — several people told me I saved them from going long Tuesday! Momentum indicators suggest a potential pullback, and trading large sizes in this environment is risky. Here are some specific things I’m seeing… Certain sectors and stocks need careful attention: - Semiconductors: Recently, chip stocks have been volatile, and it's crucial to monitor their performance closely. - Financials: Large-cap bank stocks have been performing well, with notable earnings reports. - Health Care: Large-cap biotech stocks are also showing promise, making them worth watching. Market Indicators Several market indicators are currently flashing caution: - VIX (Volatility Index): The VIX is in panic mode, up nearly 7.5% today and indicating heightened market anxiety. While not yet critical, it’s a sign that traders should be alert. Watch the 15 level. - Bond Market and Gold: The bond market and gold prices are showing signs of increased interest, particularly from Chinese investors who are moving away from assets in the U.S. dollar. Earnings Upcoming earnings reports and economic data are critical for gauging market direction. Key reports to watch include housing starts, industrial production, and the Beige Book. These reports will provide insights into the market's health and potential future movements. Rotation and Sector Strength We’re seeing a rotation from tech stocks to small caps and blue chips. This indicates that while tech stocks might be losing steam, there’s still interest in other market areas. However, if bad data persists, we might start seeing money move out of the market entirely, which would be a red flag for further downturns. In this volatile environment, it’s essential to focus on strong stocks showing clear signals. Avoid bottom picking in stocks like Nvidia (NVDA) and Advanced Micro Devices (AMD), which are too volatile right now. Instead, look for stocks making new highs and showing consistent upward momentum. Financials, health care, and select tech stocks are still areas of interest. Again, the current environment demands a cautious approach. With signs of overextension, high volatility and uncertain economic data, it’s crucial to avoid aggressive trading. Focus on strong stocks with clear signals and be prepared for potential pullbacks. By staying vigilant and cautious, traders can navigate this challenging market landscape more effectively. I hope that helps! [] Roger Scott Roger Scott Trading Follow along and join the conversation for real-time analysis, trade ideas, market insights and more! Telegram: [_vmfwkeP8fA5YWQ5]( *This is for informational and educational purposes only. There is an inherent risk in trading, so trade at your own risk. [] _______________________________________________ [] LIVE at 1 p.m. ET: Get My Top 2 Stocks to Short for Thursday We’re opening the live room to give you my top two short plays for today, live at 1 p.m. ET! We’ll be using the A-line indicator, and I’ll show everyone how it works… You see, it does NOT just help me target plays to the upside. [But it works just as well — if not better — to the down side.]( Obviously, I cannot promise future profits or shield against losses, which happen in trading. But if you’d like to see my top 2 shorts for today… [Join Me at 1 p.m. ET TODAY!]( [] *The profits and performance shown are not typical, we make no future earnings claims, and you may lose money. From 2/25/20 through 7/15/24, the average win rate on live published trade alerts is 72%. The average weighted rate of return on options trades was 7.82% over a 13 day average hold time. [] _______________________________________________ [] Jeffry's ‘30 Minutes of Awesome’ Rerun: Big Tech Earnings are COMING!?! If you missed Jeffry Turnmire’s [“30 Minutes of Awesome” late Tuesday]( it’s not too late to let Jeffry fill you in on everything he’s seeing, including… Second-quarter earnings are ramping up quickly. Financials are nearly done and then money will rotate toward big tech as those companies report. Come find out what Jeffry had to say and bring your tickers! Jeffry also did some analysis on SPX, Nasdaq, SPY, QQQ, IWM, oil, gold, bitcoin, crypto, AAPL, TSLA, AMZN, natural gas and much more! [Go Here to Catch ‘30 Minutes of Awesome’!]( [] Want to get a link to TradingPub content, trade ideas, real-time market analysis and educational tidbits? We have you covered! Telegram is an entirely free messaging app and getting access is as easy as 1… 2… 3… 1. Download Telegram on your mobile device (Before you can add Telegram to your desktop computer, you must download the application on your phone and create your account: To download to your iPhone, [click here](. To download to your Android device, [click here](. After the download is complete, please create an account. NOTE: You can manage your privacy settings by clicking “Settings,” and then “Privacy & Security.” 2. Download Telegram on your desktop: Once you’ve downloaded Telegram onto your mobile device and created your personal account, you can download it onto your desktop computer. To download onto your PC, [click here](. To download onto your MacOS, [click here](. 3. Then add our channels by clicking these links! - Lance Ippolito: [-gVwEIwGJhplMTgx]( - Graham Lindman: [abM5RWRJKrpkNWI5]( - Roger Scott: [_vmfwkeP8fA5YWQ5]( - Jeffry Turnmire: [6TdDE7-F6GlhMmJh]( See you there! [] _______________________________________________ [] Disclaimer: The material in this document is for informational purposes based on our proprietary research. It is not an offering, specific recommendation, or a solicitation of an offer to buy or sell any securities mentioned or discussed herein. Any performance results discussed herein represent past performance, are not a guarantee of future performance, and are not indicative of any specific investment. Due to the timing of information presented, any investment performance reflected within this document may be adjusted after the publication and distribution of this material. There can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this communication will be profitable, be equal to any corresponding indicated historical performance levels or be suitable for your portfolio. Any investment results set forth in this document are not net of expenses and execution costs, nor do they account for other relevant trading or investment fees. Please visit thetradingpub.com/terms-of-service/ for our full Terms and Conditions. A TradingPub 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. TradingPub 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 TradingPub LLC are for your informational purposes only. Neither TradingPub 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. TradingPub 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 for our full Terms and Conditions. [Unsubscribe]( This email was sent to {EMAIL} by TradingPub 101 Marketside Ave, Suite 404 PMB 318 Ponte Vedra, Florida 32081, United States [] Disclaimer: The material in this document is for informational purposes based on our proprietary research. It is not an offering, specific recommendation, or a solicitation of an offer to buy or sell any securities mentioned or discussed herein. Any performance results discussed herein represent past performance, are not a guarantee of future performance, and are not indicative of any specific investment. Due to the timing of information presented, any investment performance reflected within this document may be adjusted after the publication and distribution of this material. There can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this communication will be profitable, be equal to any corresponding indicated historical performance levels or be suitable for your portfolio. Any investment results set forth in this document are not net of expenses and execution costs, nor do they account for other relevant trading or investment fees. Please visit thetradingpub.com/terms-of-service/ for our full Terms and Conditions. A TradingPub 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. TradingPub 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 TradingPub LLC are for your informational purposes only. Neither TradingPub 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. TradingPub 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 for our full Terms and Conditions. [Unsubscribe]( This email was sent to {EMAIL} by TradingPub 101 Marketside Ave, Suite 404 PMB 318 Ponte Vedra, Florida 32081, United States