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Lance is revealing his No. 1 stock for the rest of June, LIVE at 1 p.m. ET TODAY — save your seat here! We Just Hit All-Time Highs in the S&P 500 — But Beware This Big Red Flag After a soft open on strong jobs data, markets rebounded nicely after dipping on the latest jobs data, which was strong — and that’s bad for a market that wants interest rate cuts. ![]() The S&P 500 (SPY) and Nasdaq 100 (QQQ) both hit new all-time intraday highs with stocks bouncing back. I’m not trying to rain on the parade, but if I may offer a bit of caution… And it’s all about this yellow line across the bottom of this chart: That’s average daily volume, and it’s falling fast while the QQQ is still going up — that spells danger. No, it doesn’t mean we’re about to crash and burn, but it’s a big red flag that institutions aren’t driving this rally. And we need institutional money to make a big, sustained rally. Now, before I let you go for the weekend, here are some strong sectors to watch: Financials (XLF), Health Care (XLV) and Energy (XLE). These sectors look promising for the next few trading sessions! Roger Scott Roger Scott Trading Follow along and join the conversation for real-time analysis, trade ideas, market insights and more! Telegram: https://t.me/+_vmfwkeP8fA5YWQ5 *This is for informational and educational purposes only. There is an inherent risk in trading, so trade at your own risk. Get Lance’s Top Stock for the Rest of June! Lance is BACK from vacay and ready to rock some trading… Starting with his No. 1 momentum stock for the rest of June! He’s hosting a live class at 1 p.m. ET TODAY to give you the details behind my favorite trading suite… How he leverages it for day and swing trades… And how it picked up his No. 1 stock! RSVP here for the live class on Zoom… As usual, we might see some interesting order flow hit the scanner during the live session, so come one, come all! ![]() 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!
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