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ON DECK FOR TODAY’S VIP TRADE ROOM: Monday-Friday: noon ET Why wicks on candlestick charts are a major red flag for day trading, a strong vs. weak U.S. dollar, if the market’s just pulling back or a major downtrend is beginning, earnings, volatility and fast-moving stocks for a highly actionable live session! JOIN US HERE! Don’t Bottom-Pick — Monday’s Massive Gap Down Is a Gift if You Know How to Play It Markets are a sea of red as we kick off a new trading week, with a bloodbath particularly among tech stocks. Nvidia (NVDA) is down nearly 12% on news that a Chinese startup, DeepSeak, a free open-source large-language model was developed in just two months at a cost of just $6 million, a fraction of what is western counterparts cost. This new model also reportedly outperformed OpenAi’s latest edition in many third-party tests. So the prospect of China having a cheaper competitor is a big, big problem. However, this will be a big help for us today because we’ll have a gigantic gap down on the open, which should reveal which stocks are the strongest. Furthermore, it’s all just speculation at this point, so I don’t expect this to be a longer-term drag on the market. Here’s a suggestion: Don’t bottom-pick the cheapest chip stocks. I’m going to cover some stocks at the end of today’s live session that might be worth buying the dip in. In fact, there could be a lot of stocks in play that we can take advantage of. We also have a full slate of earnings, and a ton of Fed data that I’ll discuss as well… Emergency “State of the Market” Briefing this Tuesday Just eight days into Trump's presidency, his clash with Fed Chair Powell could trigger a major market move come Wednesday. 🎥 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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Is Nvidia really doomed? Here's what the rest of the market is missing about DeepSeek's AI breakthrough... January 28, 20...
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