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ON DECK FOR TODAY’S VIP TRADE ROOM: Monday-Friday: noon ET How to take advantage of volatility with low risk, how to avoid false breakouts, possible bull put spreads I’m targeting to take advantage of downside volatility, divergence, and fast-moving stocks! JOIN US HERE! Markets Are Sounding the Alarm on Tariffs and the S&P 500 Level That Could Change Everything Stocks are down big heading into the open with the Nasdaq leading the sell-off, down about 1.6%, which is way beyond random. I’ll make a little prediction here… If the S&P 500 falls a decent chunk below its 200-day moving average, and it’s already close, things will start to change fast in regard to the trade wars. Because right now, the market does not like how this is going for the U.S. Tariffs are a horrible idea — this is not my opinion… It’s what the market is telling us right now. And once we break below the 200-day MA and everyone starts proclaiming we’re officially in a bear market, I’d bet things will change fast because Trump is not going to like that at all. Chip stock Marvell (MRVL) is helping lead the way down, falling over 18% on earnings this morning even after a small beat. We also have Costco (COST) and Broadcom (AVGO) reporting today, which have a big influence on retail, and on chips and tech stocks, respectively. The long bond (TLT) is falling as yields rise, and most of this has to do with the trade war and Marvell earnings, but the Dow is also down well over 400 points. We had Jobless Claims an hour ahead of the open, which didn’t really tell us anything new. We also have the Employment Situation report on Friday, which will be the big report of the week, followed by a slew of Fed speakers. LIVE NOW: Kane Reveals S&P 500 "Gamma Pockets" That Could Force Market Buying Kane and Sarah are LIVE at 2:30 p.m. ET today, March 6, exposing which S&P 500 stocks have unusual options positioning that could trigger aggressive buying from market makers. ![]() See exactly why these particular strike prices matter right now and how to capitalize on these stocks before these potential moves happen. 🎥 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 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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