Chief Market Strategist
Ross Givens is a veteran trader with over 15 years of experience and a former VP at a major Wall Street investment bank. Specializing in small-cap stocks and momentum-driven plays, Ross identifies high-probability setups before they hit the mainstream. As Lead Strategist at Traders Agency, he has guided hundreds of successful trades and developed multiple flagship publications.
The markets kicked off the new week yesterday by erasing Friday’s losses. However, the bulls still have a lot of work to do to make up for last week’s bloodbath. In the meantime, I want to talk about a bearish chart pattern that could help you play further downside in the market. We covered the … The post Move Out of the Way When You See This Bearish Chart Pattern appeared first on Stock Surge Daily.
What a week… Just when we thought the craziness had finally come to an end, Tuesday’s CPI numbers showed that inflation was still rising, despite the market’s belief that it had peaked. The result was a bloodbath like we haven’t seen in years. The Nasdaq fell 5.5% in a day, and the Dow lost 1,276 … The post Watchlist Update: Two Stocks for a Crazy Week appeared first on Stock Surge Daily.
What a week… Just when we thought the craziness had finally come to an end, Tuesday’s CPI numbers showed that inflation was still rising, despite the market’s belief that it had in fact peaked. The result was a bloodbath like we haven’t seen in years. The Nasdaq fell 5.5% in a day. And the Dow … The post Watchlist Week of September 19th, 2022 appeared first on Stock Surge Daily.
Tuesday was the worst day for stocks since 2020. Almost everything was down. Major indexes fell back to a crucial support level shown below in white on the QQQ. This has been a battleground for stocks since June, so it’s not surprising that this is where the selling finally stopped. But this is where the … The post 3 Stocks to Buy on This Pullback appeared first on Stock Surge Daily.
Solar stocks. I’ve been saying it for months, but this is the place to focus right now. Tuesday was an absolute bloodbath for stocks. The Nasdaq dropped 5.5%. The Dow fell over 1200 points. But guess what? Solar stock, Enphase Energy (ENPH), went UP on Tuesday… So did First Solar (FSLR)… and Sunrun (RUN)… and … The post The Only Stocks Going UP Right Now appeared first on Stock Surge Daily.
One of my favorite market internals to watch is the put/call ratio. It measures the ratio of traders buying puts (bets the market will go lower) to those buying calls (bets the market will go higher). So the higher the ratio, the more bearish investors are and the more money they are betting on prices … The post Watch This Indicator for the Market Bottom appeared first on Stock Surge Daily.
Last week, I pointed out the upside reversal day we saw in the S&P 500 and how I thought the market would bounce from there. I also discussed the 3,900 area being a key support level for the index. Stocks broke above this level in late July on bullish volume, which triggered me to call … The post Watchlist Update: Why You Need to Act Fast in This Market appeared first on Stock Surge Daily.
With the price of Bitcoin up nearly 10% this morning, it might be tempting to think about jumping into a position. But I’m here to remind you exactly why I’ll continue to sit out of this market… You see, I know I’m supposed to love Bitcoin. But I just don’t. I love the idea of … The post Why I Still Don’t Own BTC appeared first on Stock Surge Daily.
It’s time for another video update… In today’s five-minute video, I’ll explain my simple strategy for buying stocks on pullbacks. The post Video Update: How to Enter Stocks When They Pull Back appeared first on Stock Surge Daily.
Buying is easy. Selling is hard. Yet, most investors think the opposite is true. They think finding the perfect entry point is the “holy grail.” Spoiler alert: It’s not. When and where you sell is the single-most important contributor to your success as a trader. And that applies to both winning and losing trades. On … The post Why Taking Small Gains and Smaller Losses is So Important appeared first on Stock Surge Daily.
It looks like the bulls got some much needed rest over the holiday-extended weekend, as the futures markets are pointing to a higher open today. This follows the “upside reversal day” we saw last Thursday, so hopefully the bulls can maintain their strength throughout the week. They started off strong last Friday but gave up … The post Take Your Charts to the Next Level with This Bullish Pattern appeared first on Stock Surge Daily.
Daqo New Energy Corp. (Long Idea) Daqo New Energy Corp. (DQ) is a Chinese solar stock showing signs of big institutional buying. I’ve been pounding the desk telling people to keep an eye on solar for months now, and this is one of the top players in the space. A strong move through the $72 … The post Watchlist Week of September 5th, 2022 appeared first on Stock Surge Daily.
50,000+ traders get our daily brief before the market opens.
You're subscribed!
Check your inbox.
Free. No spam. Unsubscribe anytime.