Daily stock picks with explosive upside potential. Data-driven analysis on the moves that matter most.
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With the price of Bitcoin up nearly 10% this morning, it might be tempting to think about jumping into a position. But I’m here to remind you exactly why I’ll continue to sit out of this market… You see, I know I’m supposed to love Bitcoin. But I just don’t. I love the idea of … The post Why I Still Don’t Own BTC appeared first on Stock Surge Daily.
It’s time for another video update… In today’s five-minute video, I’ll explain my simple strategy for buying stocks on pullbacks. The post Video Update: How to Enter Stocks When They Pull Back 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 Why Taking Small Gains and Smaller Losses is So Important appeared first on Stock Surge Daily.
It looks like the bulls got some much needed rest over the holiday-extended weekend, as the futures markets are pointing to a higher open today. This follows the “upside reversal day” we saw last Thursday, so hopefully the bulls can maintain their strength throughout the week. They started off strong last Friday but gave up … The post Take Your Charts to the Next Level with This Bullish Pattern appeared first on Stock Surge Daily.
Daqo New Energy Corp. (Long Idea) Daqo New Energy Corp. (DQ) is a Chinese solar stock showing signs of big institutional buying. I’ve been pounding the desk telling people to keep an eye on solar for months now, and this is one of the top players in the space. A strong move through the $72 … The post Watchlist Week of September 5th, 2022 appeared first on Stock Surge Daily.
Editor’s Note: All major U.S. stock markets are closed today, Sept. 5, in observance of Labor Day. As I write this update on Friday afternoon, the S&P 500 is down just over 2% on the week. Stocks sold off hard last Friday and then continued that trend during the first three days of this week. … The post Watchlist Update: Here’s What Gives Me Hope for Higher Prices appeared first on Stock Surge Daily.
Health care and insurance costs are out of control. You see, I have a wife and two children… I pay roughly $1,500 a month for a family plan. And it covers almost nothing. Here’s the hospital bill from my wife giving birth last month… Despite kicking Humana $18,000 a year in premiums, I have a … The post Health Care Costs Are Out of Control appeared first on Stock Surge Daily.
It’s time for another video update… In today’s six-minute video, I’ll explain why you should never buy a mutual fund again… The post Video Update: Why You Should Never Buy a Mutual Fund appeared first on Stock Surge Daily.
Last Friday’s trading session was a bloodbath… After Federal Reserve Chairman Jerome Powell made aggressive statements regarding a path of more interest rate hikes, the indexes sold off hard all day. The S&P 500 dropped 3.4%, the Nasdaq 100 declined a whopping 4% and the Dow Jones fell just over 3%, or more than 1,000 … The post Looking for a Retest of the Recent Lows? appeared first on Stock Surge Daily.
Last week, we talked about how to identify and trade a “flag” pattern. But because a flag is really just another way to describe a consolidation range, they can take many different shapes and sizes. And just like a “bull flag” can lead to a bullish breakout, a “bear flag” can also lead to a … The post BTC Shows a Pattern of Bear Flag Breakdowns appeared first on Stock Surge Daily.
Stocks sold off hard on Friday after Federal Reserve Chairman Jerome Powell made remarks about taking aggressive action on interest rates. He was clearly setting the tone for a 75-basis-point (0.75%) rate hike at the next meeting, which the market was obviously not anticipating. Even though we expected this pullback from the 200-day moving average, … The post Watchlist Update: Three Stocks for a Rising Rate Market appeared first on Stock Surge Daily.
Trying to forecast where stocks will go next is a coin toss at best. So, what’s the solution? Weekly options. The post Why Weekly Options Are the Best Way to Trade a Wild Market appeared first on Stock Surge Daily.
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