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4 Pullback Stocks to Trade Ahead of This Week’s Inflation Data Posted: 14 Jun 2021 07:40 AM PDT Stocks that are dependent on interest rates, like names in the Financials sector, are cooling off. This past week's bond rally created opportunities in these companies. I've identified four pullback stocks, impacted by recent news, that have upside potential — and more in today's stock market recap.  But first… Stock Market Recap In the stock market recap, global stocks are mostly higher this morning as investors await economic data on the U.S. economy. The Consumer Sentiment report gave investors an indication that inflation could be transitory because of temporary factors. This caused the bond market to rally and interest rates to drop.  This is a huge week for economic data. The Producer Price Index, Industrial Production and Retail Sales reports come out on Tuesday. These reports will give us a better understanding of how much inflationary pressure there is, whether industrial production is feeling it, and how it’s impacting retail sales. Remember, retail sales make up two-thirds of the gross domestic product.  The biggest report of the week comes out of the Federal Open Market Committee meeting and announcement scheduled for Wednesday. This week is all about interest rates and inflationary pressures. We should be able to better gauge inflation and learn if the Fed will alter stimulus or interest rate suppression.  Roger's Radar: 4 Pullbacks With Upside Potential SVB Financial Group (Nasdaq: SIVB) is a diversified financial services company. SIVB operates 30 offices around the world through its Global Commercial Bank, SVB Private Bank, SVB Capital and SVB Leerink segments.  SVB has a one-year return of 167.85%. It pulled back about 8% from this past week's all-time high and is near its 50-day moving average. This stock could pop around these levels and continue its overall upward momentum.  I've identified one more Financials sector stock, an Industrials name and a leading golf equipment manufacturer that have also experienced pullbacks recently.  In today's video, you'll learn the Fed data that will move markets this week… whether the bond market is prone for more upside… the top sector to watch right now… and the top stocks pulling back.  P.S. Take Control of Your Trading Week With This Strategy Tom Busby is finally breaking his silence. And everyone now has the chance to grab winning trades and three-day weekends — every week!  Tom discovered a way to tune out all of the noise in the stock market… And he explains how the same window that repeats every week has delivered some of his best trades of the year. I'm talking about gains like 90% on RIOT… 147% on FCX… and even 232% on ORCL.  It's a little "Tuesday morning tip" that tells him exactly which trades Wall Street could push higher.  In other words, it's all of the stocks that could explode within the next 96 hours, and Tom already had three winning Power Plays in his first week!  Learn More Here Check back each morning for Roger's Radar and the most important news and numbers in the WealthPress stock market recap. The post 4 Pullback Stocks to Trade Ahead of This Week's Inflation Data appeared first on Wealthpress.

Roger’s Radar Weekly Watchlist: Monday, June 14, 2021 Posted: 13 Jun 2021 09:33 PM PDT If you've been a subscriber for some time, then you should already know I'm primarily a systems trader. That means I perform a lot of sector analysis and count on back-tested, proven strategies to beat the stock market. And I'm ready to start sharing all of this knowledge with you… The Roger's Radar Weekly Watchlist uses a proprietary stock ranking system to find the strongest ETFs in the market.   I use proprietary algorithms based on relative strength over multiple time frames to track the top 5 ETFs. These five ETFs are the strongest in the market. And based on historical data, they're likely to continue to outperform based on backtesting and alerts I've issued in my Alpha Rotation service.  If you want to learn more about how I pick new stocks to target, check out this video. I have a unique Cumulative Strength Index (CSI) scan I run and use as a barometer for the broader market to gauge major indexes like the S&P 500 and Nasdaq 100.  And when a stock gets on the upper edge of my scanner, it tends to stick.  But keep in mind, the ETFs on the Roger's Radar Weekly Watchlist aren't trade recommendations. They're just trade ideas, so don't enter a position if you're not comfortable managing it on your own.  If you're interested in more than just pointers and ideas, you can get real trades from my Alpha Rotation service through text and email alerts, with entry and exits. Every two weeks, Alpha Rotation trades clusters of four positions with the possibility for double-digit returns in just two weeks. And I'll even send you bonus trade alerts from time to time.  Roger's Radar Weekly Watchlist  And as always, don’t forget to like and subscribe to our YouTube channel if you haven't already so you can be notified as soon as we post our next video and see what other trade opportunities we're paying close attention to!  The post Roger's Radar Weekly Watchlist: Monday, June 14, 2021 appeared first on Wealthpress.

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