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ON DECK FOR TODAY’S VIP TRADE ROOM: Monday-Wednesday: noon ET | Thursday-Friday: 11 a.m. ET Discussing the Producer Price Index inflation report ahead of Wednesday’s CPI, top and bottom stocks and more! PPI Inflation Report, Energy Markets, AAPL Gap Fill, TSLA Trajectory, Top Sectors and Stocks! Markets are sinking on the heels of the latest Producer Price Index report, which showed inflation was in line with expectations. The important number is year over year, and year over year excluding more volatile food and energy prices. Year over year, the number came in at 2.2% versus expectations of 2.2%. And YoY excluding food and energy, we got a reading of 2.4% versus expectations of 2.4%. This tells us that the Federal Reserve isn’t making progress in the fight against inflation, which is exactly the level as it was next year. This means we’re less likely to get an interest rate cut any time soon. Other than that, the report isn’t terrible… But it’s not good, either. Federal Reserve Chair Jerome Powell speaks at 10 a.m. ET, and it will be interesting to see what he has to say in defense of making no headway in the inflation fight. The next big report is the Consumer Price Index, which we’ll get at 8:30 a.m. ET Wednesday, and this is likely to set the tone for the rest of the week. We also had Alibaba (BABA), which is down nearly 5%, and Home Depot (HD) earnings, which is now up a little premarket. Volatility, meanwhile, is likely to rise… See the Secret Wall Street Moves on 2 Defense Stocks I'm teaming up with the legendary Jack Carter again at 1 p.m. ET TODAY, May 14, to dive deep into the world of Wall Street's heavy hitters and how they maneuver behind the scenes. Jack's discovered two defense stocks he believes Wall Street is propping up due to the current global climate. These defense tickers historically gain traction during global tension, and Jack is ready to share why he thinks they could see significant movement in the coming days, weeks and months. While we can't guarantee returns — there’s no such thing as a guarantee in trading and investing — you won't want to miss Jack's insights on this one. 🎥 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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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. The 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. Unsubscribe |
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