The major indices are up premarket

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Published: June 02, 2023 I See a BIG Red Flag With Consumer Stocks. Plus, a Deep Dive Into Algos The major indices are up premarket and we finally have a debt ceiling bill in place.  Friday’s big report is the employment situation, and payrolls rose by 339,000 for May, much better than the 190,000 Dow Jones estimate. It was the 29th straight month of positive jobs growth.  Unemployment ticked up to 3.7% versus an estimate of 3.5%.  I like to get into algos on Fridays, so we’ll take a deep dive into that and more in today’s video! In this morning’s stock market recap video, we’ll cover what sectors algos are taking down and which ones are most vulnerable… whether bonds are ready to go higher or revert lower… if health care stocks a buy or a hold… if  utilities are ready for upside action… an update on the Chinese economy and…  A BIG Red Flag in Tech Stocks ________________________________________________________ Roger Scott 29+ years of trading experience. Traded multi-million dollar accounts and has trained thousands of new and experienced traders. ________________________________________________________ Thursday was WILD... Last Bootcamp Before the Weekend I hosted a live bootcamp session Thursday that I believe was one of the most content-rich workshops of my career. But that was yesterday...  And we still had hundreds of traders that weren’t able to attend…  So I’m hosting the workshop one more time at 1:30pm ET TODAY, June 2!  RSVP your spot here! In the bootcamp, I’ll dive deep into: The five most popular indicators. The “M-Spike” and how to spot it on your charts. The research behind the “M-Spike.” A list of top 12 performing tickers for “M-Spikes.”  “M-Spike Bull versus M-Spike Bear.” The Four-Day Flip strategy. I hope to see YOU there at 1:30pm ET TODAY!  Confirm Your Attendance With Me Right Here My Top ETF as GameStop Prepares to Report Earnings Roger Scott | June 1, 2023  The Fiscal Responsibility Act passed with bipartisan support, and is key in raising the debt ceiling and preventing the U.S. from defaulting. My Top Trades With More Tech Earnings on Deck Roger Scott | May 31, 2023  The market was down Wednesday morning as traders awaited news of debt ceiling progress.   A WealthPress Publication   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. WealthPress 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. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Wealthpress LLC are for your informational purposes only. Neither Wealthpress nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Wealthpress is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions.  Please visit wealthpress.com/terms for our full Terms and Conditions. Manage Your Email Preferences Unsubscribe This email was sent by: WealthPress 495 Town Plaza Ponte Vedra, FL, 32081, US Roger Scott Update Profile