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ON DECK FOR TODAY’S VIP TRADE ROOM: Monday-Friday: noon ET Does Tesla have more upside and does the financials rally have legs? Earnings, top sectors to fade, how to trade the consolidation, FANG stock analysis, critical price levels for the major indices and top stocks for the second half of the day! Why Today Feels Like Monday for Trading, and How Momentum Could Stall an Overbought Market Stocks are weak this morning as momentum levels are grossly overextended to the upside following the post-election market rally. The simple truth is the market needs to consolidate some before moving higher again. Monday was also a federal holiday, making it a fragmented week with the bond market closed. Because of that, I would consider today more like a Monday when it comes to trading. We have a lot of earnings reports on deck today, which could provide some juice. Shopify (SHOP) in particular is a very important stock because it’s a reflection of the economy. Aside from earnings, the biggest thing driving the market right now is President-Elect Donald Trump’s planned tariffs and economic policy proposals. The long bond in turn is going down, which is causing rates to go up. This is not a political statement, this is just the economic impact that is hitting the market right now. Crude oil is also falling as the dollar rises… This Stock Goes Up Every November OK, so my plan wasn't to email you about this... But after hitting a 21-trade win streak, I couldn't hold it back... You see, I'm currently targeting what could be our 22nd win — on one large-cap stock that’s gone up 13.2% on average every November for the past 23 years! And I'd like you to be a part of it — and even see the special ticker. Hint: It’s my No. 1 stock for this month… So if you'd like to see the next stock that could hopefully extend our winning streak, then you'll want to join me live at 1 p.m. ET today, Nov. 12! Of course, no one can promise gains or avoid losses, but this could be our next winner, and you don't want to miss it! 🎥 LIVE TRADE ROOM ACCESS 🎥 Join me and dozens of traders each day inside my LIVE VIP Trade Room! Each day, we analyze the markets together, build relationships and, more importantly… go over market education and new trade ideas! With the VIP Trade Room, you’ll have the opportunity to multiply your trading knowledge and confidence as quickly as possible. I’ll take the time to answer all of your trading questions, so fire away! Make sure to join us LIVE each day! SCHEDULE:
JOIN US HERE: http://rogerscott.com/viproom CUSTOMER STORY OF THE DAY Thank you for all your time doing zoom and youtube videos, it has made all the difference in my trading knowledge and everyday I'm reviewing your training materials to get a better understanding. I am glad you have figured out how to stop so much negative feedback on the calls because you are providing a valuable service to everyone who is interested in learning. Thanks again. — Dave Follow along and join the conversation for real-time analysis, trade ideas, market insights and more!
*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. |
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Dear reader, Charles Sizemore here with your free repo...
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