Plus: Is the tech rally over?

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Published: June 01, 2023 My Top ETF as GameStop Prepares to Report Earnings Live at 1 p.m. ET TODAY – I Unveil ‘The M-Spike’ Chart Pattern! The market is little changed following news that the U.S. House passed a debt ceiling bill and sent it to the Senate. The Fiscal Responsibility Act passed with bipartisan support, and is key in raising the debt ceiling and preventing the U.S. from defaulting. Investors have been concerned about the effects of a possible U.S. debt default and its impact on the stock market. The month of May also saw a strong rally in artificial intelligence-related stocks, with the Nasdaq ending the month up 5.8%. All attention now turns to the Federal Reserve’s upcoming meeting starting June 13, and whether or not we’ll see another rate hike. In this morning’s stock market recap video, I’ll discuss how to navigate the tech sector… a few sectors where money appears to be moving in… where investors are looking to put their money next… how I’m trading the bond market right now… what earnings are on the table later today… plus, how to navigate the stock market in light of debt ceiling negotiations! Get My Top ETF Here P.S. I’m going live at 10 a.m. ET today, June 1, in my VIP Champion Trade Room ! I’ll talk about current market action, scan for opportunities and answer your questions, so I hope to see you there!  Join us here at 10 a.m. ET: https://us02web.zoom.us/j/81470521405 ________________________________________________________ Roger Scott 29+ years of trading experience. Traded multi-million dollar accounts and has trained thousands of new and experienced traders. ________________________________________________________ You're Invited! Complementary Bootcamp Session – The M-Spike I've been trading for over three decades. And in that time, I've seen a lot of different trading strategies come and go. But one strategy has consistently outperformed the market… I call it “The M-Spike.” The M-Spike is a unique pattern that can be found on any chart, and it’s a sign that a stock is about to make a BIG move!   So I’m hosting a free bootcamp training session at 1 p.m. ET TODAY, June 1, to reveal this pattern to traders for the first time! Save Your Seat Here 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. 2 Overdone Sectors and an End to the Debt Ceiling Crisis Roger Scott | May 30, 2023  The major indexes rose to start the shortened trading week Tuesday morning on positive news regarding the debt ceiling debate.   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