Stock Surge Daily
Are Meme and Pot Stocks Making a Comeback?
The market is heating up once again, and investors are saying, “RISK ON!” Over the last three weeks, the S&P 500 is up nearly 10%. The Russell 2000 is higher by 7%. And the Nasdaq 100 is up an impressive 14%. I told you last week that I started to make bigger buys in mid-March. … The post Are Meme and Pot Stocks Making a Comeback? appeared first on Stock Surge Daily.
The End of Globalization as We Know It?
Made in America… It’s not just a tagline on the inside of a t-shirt. It is about the biggest investment theme of the next decade. In short… It is time to bet big on American industry. You see, for the last 30 years, we have shifted toward a global economy. We get our fruit from … The post The End of Globalization as We Know It? appeared first on Stock Surge Daily.
Here’s Where I’m Buying Meridian Bioscience Stock
Regular readers know that I search far and wide for stocks that are exhibiting greater strength than the overall market. This was getting difficult for a while as the markets were dropping sharply at the start of the year. But with the S&P 500 and Nasdaq finally showing follow-through to the upside, I’m starting to … The post Here’s Where I’m Buying Meridian Bioscience Stock appeared first on Stock Surge Daily.
Watchlist Week of Mar 28th, 2022
ICL Group Ltd ICL Group Ltd (ICL) is a $15.6 billion specialty minerals and chemicals company based out of Tel Aviv, Israel. The stock dipped with the rest of the market at the start of the year but is now pushing towards new multi-year highs. Here’s how the chart is setting up… And here’s how … The post Watchlist Week of Mar 28th, 2022 appeared first on Stock Surge Daily.
Watchlist Update: This Sector of the Market is on Fire
Many are saying that globalization is coming to a screeching halt. Russia’s actions in Ukraine have undone three decades of progress. Nations have become dependent on one another for trade. But the last few months have shown how vulnerable that can leave us (if the Suez Canal blockage didn’t do that already last year). As … The post Watchlist Update: This Sector of the Market is on Fire appeared first on Stock Surge Daily.
My Favorite Way to Play the Gold Market
A “hedge” is an asset that tends to go up when other assets go down. And historically, gold has been the go-to hedge for traders and investors. Stock market crashing? Buy gold. US dollar weak? Gold usually goes up. Worried about inflation? You guessed it – turn to gold. Surprisingly, the price of gold actually … The post My Favorite Way to Play the Gold Market appeared first on Stock Surge Daily.
Stage 4 Strikes Again as High-Flyers Plummet
As regular readers know, I’m a big fan of the four stages of the stock cycle. This is an idea originally pioneered by legendary trader Richard Wyckoff. The cycle is made up of four distinct stages… Stage 1: Consolidation Stage 2: Accumulation Stage 3: Distribution Stage 4: Capitulation The pattern is clear. It repeats itself … The post Stage 4 Strikes Again as High-Flyers Plummet appeared first on Stock Surge Daily.
Why I’m Buying Stocks This Week
January and February were awful months for the market. It was one of the worst starts to a year we’ve ever seen. The Nasdaq 100 and Russell 2000 fell over 20% from their recent highs. For many analysts, including myself, a decline of 20% or more is considered “bear market” territory. So, as all of … The post Why I’m Buying Stocks This Week appeared first on Stock Surge Daily.
Watchlist Update: We Just Got the Signal We Were Waiting For
It’s been a rough year for the market so far, but things may be starting to turn around. I’ve been waiting for a follow-through day to confirm that the low may finally be in for the market. And last week, we got one. If you’re not familiar with the term, I define a follow-through day … The post Watchlist Update: We Just Got the Signal We Were Waiting For appeared first on Stock Surge Daily.
Watchlist Week of Mar 21st, 2022
Danaos Corporation Danaos Corporation (DAC) is a $2.2 billion, Greece-based marine shipping and transport company. 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: 98/100 % Above 52-wk low: 143% Sales growth: +80% Return on Equity: 23% Triple momentum: yes Shipping … The post Watchlist Week of Mar 21st, 2022 appeared first on Stock Surge Daily.
My Bold Prediction for Crude Oil & How to Trade It
Crude oil at $200 per barrel? I know it sounds outlandish. But it’s possible. It would be unprecedented, right? Maybe. But unprecedented things happen all the time. If the last two years haven’t proven that to you, nothing will. Could you have ever imagined being told you shouldn’t leave your house for two months… In … The post My Bold Prediction for Crude Oil & How to Trade It appeared first on Stock Surge Daily.
Tulip Mania is Back… But the Bubble is Bursting
Ever heard of “Tulip Mania”? It was the first economic “bubble.” In the early 1600s, the Dutch went wild over the rare tulip bulbs being imported from China. They were seen as a luxury status symbol, much like a Rolls Royce or Gucci dress today. Rampant speculation sent prices soaring. In 1633, a single bulb … The post Tulip Mania is Back… But the Bubble is Bursting appeared first on Stock Surge Daily.
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