Stock Surge Daily
Expect the Market to do This in August
Hey, Ross here: And let’s start the day with yet another actionable trade idea. Chart of the Day My fellow barbecue enthusiasts will recognize this name. Traeger (COOK) changed the game a few years ago with its easy-to-use, app controlled, pellet smoker grill. The meat smoking trend grew tremendously popular doing COVID, allowing the company […]
Intimidated by the Market’s Strength?
Hey, Ross here: And let’s start the day with an actionable trade idea you can take advantage of immediately. Chart of the Day CAVA is a hot new restaurant chain with 263 locations across 22 states. The company plans to open 44 more this year. The company went public in May and, so far, has […]
Defiant Momentum
Hey, Ross here: And let’s start a brand-new trading week with an actionable trade idea. Chart of the Day On Holding (ONON), the popular athletic shoemaker, has been a favorite of mine since the beginning of the year. Hot retail brands have been some of the biggest success stories in the stock market, so I […]
The Truth About Market Sentiment
Hey, Ross here: And let’s look at a chart examining bullish vs. bearish sentiment in light of yesterday’s pullback. Chart of the Day The above table shows the level of bullish, neutral, and bearish sentiment as measured by the AAII (American Association of Individual Investors). As you can see, bullish sentiment really started surging higher […]
This Wins 99% of the Time
Hey, Ross here: Let’s look at yet another actionable trade idea – one that’s already paid dividends. Chart of the Day NIO is basically a Chinese Tesla. They are an electric vehicle manufacturer with seven models in production and have so far delivered around 400,000 units. I don’t typically like Chinese stocks, but last Friday, […]
The Bears are Still Here (It’s a Good Thing)
Hey, Ross here: And let’s look at a type of trade idea we haven’t seen in a while. Chart of the Day Hims & Hers Health (HIMS) is a potential short trade that could deliver a nice gain if the market pulls back. I am still focused on buying opportunities, but it never hurts to […]
More Important Than the Fed?
Hey, Ross here: And let’s start the day with an actionable trade idea that’s already bearing fruit. Chart of the Day Redfin (RDFN) is a powerful stock, but it also has a history of 15-20% pullbacks throughout its up moves. We bought RDFN in my Alpha Stocks service on June 27 when it broke out […]
Why Pullbacks are a Must
Hey, Ross here: Welcome to a brand-new trading week. As always, let’s review what happened last week – and where I see the market heading from here. Chart of the Day After a big move higher the previous week, stocks traded mostly flat last week. The Nasdaq fell 2.3% on Thursday which wiped out the […]
Healthy Rotation (Don’t Panic)
Hey, Ross here: And here’s a chart from Carson Investment Research showing the probabilities of a bull market in view of the Dow’s current 9-day win streak. Chart of the Day Yesterday’s market close marked a 9-day win streak for the Dow – a first since August 2017. That’s quite a feat – which is […]
Beware Those Who Say This
Hey, Ross here: And here’s an interesting chart courtesy of Twitter. Chart of the Day The chart above shows the similarities between the Nasdaq from 2003 – as it recovered from the Dot-Com crash… And the Nasdaq today, as it recovers from the 2022 crash. As you can see, the similarities are striking. Should the […]
Why We’re Still in the Early Bull Market
Hey, Ross here: And here’s an actionable trade idea that’s already shown a profit. Chart of the Day Unity (U) looks really attractive to me. We talked about this stock in Thursday morning’s live War Room session, and I bought a few hundred shares at that time. Pull up a weekly chart of U and […]
Why $5.5 Trillion = More Stock Gains Ahead
Hey, Ross here: And here’s an actionable trade idea to start the day. Chart of the Day Shopify (SHOP) is emerging from a beautiful Stage 2 base. SHOP is up more than 100% since the start of the year – a clear sign this is a market leader. Notice how volume is higher on […]
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