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ON DECK FOR TODAY’S VIP TRADE ROOM: Monday-Wednesday: noon ET | Thursday-Friday: 11 a.m. ET BONUS: Picking the right profit target! Key levels and fastest-moving stocks for the afternoon — with options! — and retail sales. Are homebuilders about to rally, and are bonds entering a deflationary zone? Markets Are Moving on Strong Retail Sales Data, Bank Earnings Markets are firm ahead of the open with Retail Earnings on deck for the day, which came in better than expected and could provide a boost today… We also have a number of important earnings reports on deck for today, and I have a document with implied volatility expectations for each after this link. This is a heavy week for financials, which I’m bullish on, with some other stocks sprinkled in. Here are the expectations for Retail Sales, which isn’t a top-tier report but it’s still very important because it makes up a huge chunk of the economy. The consensus range is -0.6% to 0.3% month over month, -0.5% to 0.2% MOM excluding vehicles, and -0.1% to 0.4% MOM excluding vehicles and gas. The numbers came in at 0.0%, 0.4% and 0.8%, respectively, so stronger than expectations, which is good to see. The bond market (TLT) is rising, and the major indices are all up, and even the equal-weight indexes like S&P 500 (RSP) and Nasdaq 100 (QQEW) are strong. I’ll cover all that, my daily hitlist of longs and shorts and more in this morning’s “Premarket Must Watch” video! Get My Top A-Line Stock for the Week, LIVE at 10 a.m. ET! At exactly 10 a.m. ET today, July 16, I'm going live to unveil the world’s most predictable pattern. But not just that… I’m going to give you my TOP A-line stock for the week! This isn't a run-of-the-mill pick either… It’s a stock that I believe could perform quite well over the next 3-5 days… Obviously, I’m not promising a future outcome… But my top stock is coming from the same pattern that’s helped me maintain a 72% win rate on over 100 published trades. 🎥 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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