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.
In today’s nine-minute video, I’ll walk you through a trade in Neurocrine Biosciences (NBIX) and explain how to risk as little as possible. The post Video Update: How to Day Trade Stocks with Minimal Risk appeared first on Stock Surge Daily.
On July 22, I made the call that the market low was in, and I gave you three big reasons to support that claim. If you need a refresher, you can review that article right here. Well, since the close that day, the S&P 500 has jumped as much as 9.2%. The Nasdaq 100 has … The post The Market’s Next Big Test is Just Around the Corner appeared first on Stock Surge Daily.
A week ago, we talked about the “head and shoulders” pattern. This is a fairly popular trading pattern that is defined by a left shoulder, a head and a right shoulder, which are all tied together by the neckline. We explained that the head and shoulders (H&S) can be either a continuation pattern or a … The post The Other Side of the Head and Shoulders Pattern appeared first on Stock Surge Daily.
Stocks advanced for another week, primarily driven by Wednesday’s consumer price index (CPI) report. The CPI rose less than expected, confirming that inflation has peaked and is finally showing signs of cooling. This bullish data sent the S&P 500 up 2.1% for the day on 93% advancing volume. That does not mean this is an … The post Watchlist Update: CPI Drives Stocks Higher… Here’s How to Play It appeared first on Stock Surge Daily.
Today, I’m bringing you another video update… In today’s nine-minute video, I’ll walk you through my process for analyzing a stock idea, explain how to properly manage trading risk and show you how I would place the trade in my brokerage account. Big Buyers Coming Back We are finally starting to see some signs of … The post Video Update: Breaking Down a Trade Idea in Clearway Energy Stock appeared first on Stock Surge Daily.
In early July, I wrote to you about Chinook Therapeutics, Inc. (KDNY), a strong biotech stock that’s been on our Watchlist a few times. And I mentioned at the time that it had just become an official recommendation in my premium Alpha Stocks trading service. Well, I recommended taking profits on the final piece of … The post How We Traded the Breakout in Chinook Therapeutics Stock appeared first on Stock Surge Daily.
Today, I want to talk about a popular technical chart pattern that is often misunderstood by amateur and professional traders alike. You’ve heard me talk about “flag” and “cup with handle” patterns before, which are great technical tools for navigating the market. But the pattern that seems to get the most attention when it appears … The post Here’s What Traders Often Misunderstand About the Head & Shoulders Pattern appeared first on Stock Surge Daily.
The major indexes held their ground last week. As of Friday morning, the S&P and Nasdaq were both trading near the same level they closed the week before. Markets avoided any major selling days, and volume is picking up slightly as we approach the end of summer, which has historically seen lighter action. Stocks posted … The post Watchlist Update: Three Strong Biotech Stocks Ready to Break Out appeared first on Stock Surge Daily.
Krystal Biotech, Inc. (Long Idea) Again, biotech stocks are showing a lot of strength right now. Last week, I introduced you to Ionis Pharmaceuticals, Inc. (IONS), which broke out and climbed 16% in just two days. Krystal Biotech, Inc. (KRYS) is another biotech stock setting up in a similar pattern. KRYS has formed a base … The post Watchlist Week of August 8th, 2022 appeared first on Stock Surge Daily.
Stocks are picking up August where July left off, as the markets are rallying further this week. Technology stocks are leading the way higher, with the Nasdaq 100 jumping 2.8%, the S&P 500 up 0.5% and the Russell 2000 higher by 1.3%. Some of this may have to do with the decline in the price … The post The Real Thing or Just a “Bull Trap”? appeared first on Stock Surge Daily.
Shares of Coinbase Global, Inc. (COIN), the digital currency exchange platform, rallied over 20% on Wednesday. Since the all-time low on May 12, the stock has nearly doubled. However, the prices of major digital currencies are up much less in recent months. BTC futures, for example, actually declined yesterday and are up just 24% from … The post Here’s Why Coinbase Stock Rallied on Wednesday and BTC Didn’t appeared first on Stock Surge Daily.
The easiest trades to manage are the ones that work immediately. After all, if your position is always in the green, there’s no panic. You’re not stressed. And your account balance is growing. But how do you know whether to sell or hold on to what could be a big winner? As always, nothing is … The post What Do All Great Trades Have in Common? appeared first on Stock Surge Daily.
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