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 S&P 500, Nasdaq and Russell 2000 indexes all made new lows last week. And Friday was the 22nd consecutive day with more new lows made on the Nasdaq Composite than new highs. It is clear that sellers remain in control, and we may very well see stocks continue to sell off. Many of the … The post Watchlist Update: Shorting Weak Stocks in a Weaker Market appeared first on Stock Surge Daily.
J.B. Hunt Transport Services, Inc. (Short Idea) J.B. Hunt Transport Services, Inc. (JBHT) is a $18 billion logistics services company focused on trucks and transporting stuff via those trucks. Here’s how the chart is setting up… And here’s how the stock is setting up with my Stock Surge Indicator (SSI)… Surge score: 64/100 % Above … The post Watchlist Week of May 9th, 2022 appeared first on Stock Surge Daily.
The 200-day moving average… Its significance cannot be overstated. This is the “line in the sand” that establishes whether stocks are trending higher or lower. I’ve talked about this several times in past editions of Stock Surge Daily. I’ve told you that I don’t buy stocks that are trading below this level – not under … The post As Long as Stocks Are Below This Line… Stay Away appeared first on Stock Surge Daily.
A couple days ago, we took a short trade in Pegasystems Inc. (PEGA) in my Alpha Stocks service. We have a profit of about 5% so far, and the stock continues to fall. Take a look at the chart… As you can see, PEGA is in a textbook downtrend. Six months of lower lows and … The post How We’re Finding Alpha with a Short Idea in Pegasystems Stock 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 How to Build Massive Wealth on 10% Winners appeared first on Stock Surge Daily.
Stocks have been getting slaughtered lately. That’s why we sold everything and went to 100% cash in my premium advisory service, Alpha Stocks, two weeks ago. We got out of the way of the bear market and saved a lot of money in the process. But we can’t sit on the sidelines forever… At some … The post How to Enter Stocks in Downtrends appeared first on Stock Surge Daily.
Many of you have likely heard the old Wall Street adage, “Don’t fight the Fed.” Usually, this phrase is uttered by bullish investors warning their bearish counterparts not to short a rising market being fueled by easy monetary policy. But at this point, with the Federal Reserve seemingly set to defeat rising inflation by any … The post Watchlist Update: Don’t Fight the Fed appeared first on Stock Surge Daily.
Jackson Financial Inc. Jackson Financial Inc. (JXN) is a $3.7 billion financial planning firm showing huge growth in both sales and earnings. Here’s how the chart is setting up… Here’s how the stock is setting up with my Stock Surge Indicator (SSI)… Surge score: 97/100 % Above 52-wk low: 98% Sales growth: +170% Return on … The post Watchlist Week of May 2nd, 2022 appeared first on Stock Surge Daily.
Oh, Cathie. When will you learn? Every day, I am shocked by the trust investors put in awful investment managers. Cathie Wood, CEO of ARK Invest, manages $24 billion in her ARK Innovation ETF (ARKK). The fund is down 70% from last year’s high. And it is easy to see why… Cathie doesn’t understand the Four Stages … The post How Cathie Wood Gave Back All of Her Gains appeared first on Stock Surge Daily.
Regular readers will be familiar with the “metaverse.” The metaverse is basically a virtual reality (VR) world where everything happens totally online. And it could possibly be the greatest investment opportunity of our lifetime. I believe that the next set of stocks to become absolutely massive, like Apple Inc. (AAPL), Amazon.com, Inc. (AMZN) and Alphabet … The post Why the Metaverse Megatrend is Just Getting Started appeared first on Stock Surge Daily.
By now you’ve heard that Tesla (TSLA)’s Elon Musk is buying Twitter (TWTR). But here’s what you may not realize… There is a simple trade that will potentially double your money if the deal goes through… All you have to do is buy a call option. Once Elon writes the check and officially buys the … The post How I Plan to Score a 100%+ Return from Elon’s Twitter Buyout appeared first on Stock Surge Daily.
The market saw heavy selling to finish last week. The action was so brutal, in fact, that I went to 100% cash. Some stocks are getting hit harder than others. Nowhere to Hide Minerals, chemicals and energy – the only groups that have been advancing this year – are now getting destroyed. Take a look … The post Why This is the Perfect Time for a Defensive Stock Strategy 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.