Stock Surge Daily
Video Update: 5 Stocks to Put on Your Radar
This week, I went live on the Traders Agency YouTube page to cover the latest market move in real-time. The post Video Update: 5 Stocks to Put on Your Radar appeared first on Stock Surge Daily.
What a Falling US Dollar Means for BTC
Last week, I told you I have been seeing some signs that should lead lower prices for BTC… The biggest headwind, in my view, is still the strong US dollar. That is one of the main reasons BTC has been so weak this year. Investors from around the world have been seeking out the safety … The post What a Falling US Dollar Means for BTC appeared first on Stock Surge Daily.
Simplifying the Symmetrical Triangle Pattern
Today, we’re going to talk about the “Symmetrical Triangle” pattern. Just like a regular channel, the symmetrical triangle is a consolidation pattern. The biggest difference between the two is that while a channel typically has two near-parallel boundaries, the symmetrical triangle pattern is defined by a descending resistance level and an ascending support level. When … The post Simplifying the Symmetrical Triangle Pattern appeared first on Stock Surge Daily.
Watchlist Update: Energy Stocks Ready for a Breakout?
It’s still too early to say whether the market has bottomed. But if you’re looking for stocks to buy, the energy group looks the best. The post Watchlist Update: Energy Stocks Ready for a Breakout? appeared first on Stock Surge Daily.
Path of Least Resistance Still Lower
The market has been especially volatile since the release of the latest consumer price index (CPI) number last week. The S&P 500 and Nasdaq 100 both hit new 52-week lows last Thursday immediately after the announcement, only to rally into the end of the day. And once again, I heard many folks proclaiming that the … The post Path of Least Resistance Still Lower appeared first on Stock Surge Daily.
How to See the Apex System in Action
Today, I’m going to share a recent trade idea from my friend and colleague Anthony Speciale. Anthony is one of the best traders I’ve ever met… And he’s recently developed an incredible system that allows him to determine the ideal entry, stop and target points for any asset. He call it his Apex Profit Window… … The post How to See the Apex System in Action appeared first on Stock Surge Daily.
Three Reasons Why BTC is Heading Much Lower
Regular readers know that I’m not a BTC believer… At least, not yet. First off, BTC is way too easy to lose. I don’t want my money stashed away on some hard drive that could get stolen or thrown out with the trash. Second, BTC is not the safe haven investment it was advertised as. … The post Three Reasons Why BTC is Heading Much Lower appeared first on Stock Surge Daily.
Breaking Down the Triple Top Pattern
Today, we’re going to follow up on last week’s “triple bottom” discussion by talking about its bearish counterpart, the “triple top” pattern. Just like the triple bottom, the triple top is a trend reversal pattern. The big difference, of course, is that a triple bottom forms at the end of a down trend, while a … The post Breaking Down the Triple Top Pattern appeared first on Stock Surge Daily.
Watchlist Week of October 17th, 2022
Northrop Grumman (Short Idea) I have been watching NOC for a long trade for the last several weeks. In fact, I even added it to the Watchlist back in September. But thanks to a vicious bear market, the stock failed at its highs and is now rolling over. Failed breakout trades can be lucrative short … The post Watchlist Week of October 17th, 2022 appeared first on Stock Surge Daily.
Watchlist Update: Sticking with Strong Setups
All the major indexes made new lows last week, confirming that sellers are still in control. Another bad inflation report caused stocks to gap down big Thursday morning. And while they actually rallied the rest of the day, they gave up all those gains on Friday. Eventually, the low will be made and a new … The post Watchlist Update: Sticking with Strong Setups appeared first on Stock Surge Daily.
How to Trade the Market’s Most Elusive Chart Pattern
A “high tight flag” is an extremely rare, chart pattern. They typically form after an explosive move higher in a stock’s price. The post How to Trade the Market’s Most Elusive Chart Pattern appeared first on Stock Surge Daily.
How to Become the Ultimate Apex Trader
Lions are the ultimate apex predator. But despite their deadly reputation, not every hunt is successful. When hunting solo, lions have a kill rate of just 17%. In other words, they only catch their prey in one out of every six attempts. When they hunt as a group, their success rate goes up to one … The post How to Become the Ultimate Apex Trader appeared first on Stock Surge Daily.
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