And what you can expect from the stock market today...
| | From 1993 to 2021, you would have lost 10% of your money buying and holding the S&P 500 during the day…
Yet if you'd bought at the close and sold again right at the open, you could've seen an 812% increase on your investments.
Where did all the gains come from? Overnight moves.
And one former $700 million hedge fund trader just revealed how he's exploiting these overnight moves on a handful of stocks every single day. | | | | | | | Roger Scott | 20+ years of trading experience managed over $900 million teaching thousands daily. | | | | | | | | | |
Global stock markets are mostly lower today. However, U.S. stocks are set to rebound.
If you look at the Invesco QQQ Trust Series 1 (Nasdaq: QQQ), it was up slightly before dipping after the open. And as I'll show you today, it's still having issues breaking above its 50-day moving average. So it looks like the market is cooling off, but I will say the QQQ has been holding on well thus far.
Here's where we're at right now…
In today's video, I have more on what to expect from the stock market today… whether tech is going to rise or fall again… if bonds will continue to stay locked in step with tech… the strongest ETFs to target right now… and the weakest stocks to avoid or hedge.
The first ETF I'm giving away is killing it right now, and has given us 110% gains over the past 12 months. And if you compare it to the S&P 500, it's much stronger. The S&P is near its 50-day moving average, while this ETF is still near all-time highs. | | | | | | | | |
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