Daily stock picks with explosive upside potential. Data-driven analysis on the moves that matter most.
693 posts published
Hey, Ross here: And let’s look at a positive sign for the markets today. Chart of the Day Take a look at what happened with the NASDAQ over the past three days. First, it closed sharply below its 21-day moving average – even flirting with going below the 50-day moving average. Then, yesterday, after a […]
Hey, Ross here: Here’s an actionable trade idea for Thursday. Chart of the Day Studio City (MSC) is a Hong Kong-based resort and casino located in Macau. After finding support at the $2 area last year, the stock emerged from its slumber to advance in just two months. It has been consolidating since January and […]
Hey, Ross here: Let’s welcome Wednesday with yet another actionable trade idea. Chart of the Day International Game Technology (IGT) just made new 52-week highs. After a shakeout move in mid-March, the stock completed a textbook cup-with-handle pattern and broke out through resistance at $27. The 200-day moving average has turned up, and all other […]
Hey, Ross here: Let’s start this Tuesday in the best way possible – with an actionable trade idea. Chart of the Day DraftKings is breaking out of a clean base in the beginning of a new Stage 2 uptrend. The stock is up 13% this week but running into longer term resistance. It is clear […]
Hey, Ross here: Welcome to a new trading week. Here’s where I see the market going in a single chart. Chart of the Day For the overall market, I remain bullish and expect stocks to move higher over the next few months. In the weekly chart of the S&P 500 above, I’ve drawn in yellow […]
Hey, Ross here: And let’s end the trading week with an actionable trade idea that could put money in your pockets. Chart of the Day Exact Sciences (EXAS) is a biotech stock showing high relative strength. Following a 50% jump in January, the stock is tightening with pullbacks getting shallower from left to right. This […]
Hey, Ross here: Here’s an interesting chart for all the pessimists out there talking about how this is nothing but a “bear market rally”. Chart of the Day I saw this chart by a market strategist over at eToro – and I knew I had to share it. What it shows is that if the […]
Hey, Ross here: As corporate earnings kick off, check out your actionable trade idea of the day. Chart of the Day ONON is the maker of the popular OnCloud running shoes. The company has experienced tremendous growth over the last few years. I even see it here. They’re on the feet of every soccer mom […]
Hey, Ross here: As corporate earnings kick off, check out your actionable trade idea of the day. Chart of the Day HIMS is an exciting new company taking the awkward discomfort out of sensitive medical issues for men and women. They have two sites – Hims and Hers. The sites are catered to each gender […]
Welcome to the start of a new trading week. Here’s an interesting chart showing that we may be in a wait-and-see period right now. Chart of the Day After a strong move higher in the last half of March, stocks have struggled to make any meaningful progress over the last two weeks. Up a percent […]
Hey friend, Let’s see how markets have been moving as we end this trading week. The Daily Direction Note: A positive close for the markets after producer price data showed inflation cooling below analyst expectations – triggering hopes the Fed would pause rate hikes. The short-term direction of the Russell 2000 flipped back upward. The […]
Hey, Ross here: Let’s end the week with an indicator most people don’t pay attention to enough. Chart of the Day This is the US Dollar Index (DXY) which broadly tracks the strength of the US dollar. It’s been a downtrend for over a month, hitting lows last seen back in April of last year. […]
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