Daily stock market analysis, trade alerts, and trading education from Ross Givens and the Traders Agency team.
Yesterday, I talked about three technical reasons why there could be more selling in store for this market. One of them was the action in the S&P 500 Volatility Index (VIX), also known as the market’s “fear gauge.” Without getting into the details of how it is calculated, what you need to know is that … The post How We’ll Know the Worst is Behind Us appeared first on Stock Surge Daily.
The S&P 500 (SPX) index has closed lower in each of the last five weeks. That figure is set to increase to six down weeks in a row if we don’t see a turnaround by Friday’s close. And it would have to be some turnaround… The index is down another 3.2% this week and breaking … The post Three Big Reasons Why The S&P 500 Could Fall Further appeared first on Stock Surge Daily.
Recently, I reminded you about the old Wall Street adage, “Don’t fight the Fed.” Well, with the Federal Reserve on the warpath to defeat inflation with tighter monetary policy, fighting the Fed would mean going long and buying stocks. So, we did just the opposite… In my premium trading service, Alpha Stocks, we decided to … The post How We Scored a Massive Return in Pegasystems Stock in Just 8 Days appeared first on Stock Surge Daily.
One year ago, I published a Stock Surge Daily article entitled “Beat the BTC Bubble.” I compared the rise in BTC to other notable bubbles in history and broke down the five stages every bubble has followed throughout history. I encourage you to review it as this phenomenon will undoubtedly continue for centuries to come. … The post The BTC Bubble is Playing Out Exactly as I Said It Would appeared first on Stock Surge Daily.
The S&P 500, Nasdaq and Russell 2000 indexes all made new lows last week. And Friday was the 22nd consecutive day with more new lows made on the Nasdaq Composite than new highs. It is clear that sellers remain in control, and we may very well see stocks continue to sell off. Many of the … The post Watchlist Update: Shorting Weak Stocks in a Weaker Market appeared first on Stock Surge Daily.
J.B. Hunt Transport Services, Inc. (Short Idea) J.B. Hunt Transport Services, Inc. (JBHT) is a $18 billion logistics services company focused on trucks and transporting stuff via those trucks. 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: 64/100 % Above … The post Watchlist Week of May 9th, 2022 appeared first on Stock Surge Daily.
The 200-day moving average… Its significance cannot be overstated. This is the “line in the sand” that establishes whether stocks are trending higher or lower. I’ve talked about this several times in past editions of Stock Surge Daily. I’ve told you that I don’t buy stocks that are trading below this level – not under … The post As Long as Stocks Are Below This Line… Stay Away appeared first on Stock Surge Daily.
A couple days ago, we took a short trade in Pegasystems Inc. (PEGA) in my Alpha Stocks service. We have a profit of about 5% so far, and the stock continues to fall. Take a look at the chart… As you can see, PEGA is in a textbook downtrend. Six months of lower lows and … The post How We’re Finding Alpha with a Short Idea in Pegasystems Stock 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 How to Build Massive Wealth on 10% Winners appeared first on Stock Surge Daily.
Stocks have been getting slaughtered lately. That’s why we sold everything and went to 100% cash in my premium advisory service, Alpha Stocks, two weeks ago. We got out of the way of the bear market and saved a lot of money in the process. But we can’t sit on the sidelines forever… At some … The post How to Enter Stocks in Downtrends appeared first on Stock Surge Daily.
Many of you have likely heard the old Wall Street adage, “Don’t fight the Fed.” Usually, this phrase is uttered by bullish investors warning their bearish counterparts not to short a rising market being fueled by easy monetary policy. But at this point, with the Federal Reserve seemingly set to defeat rising inflation by any … The post Watchlist Update: Don’t Fight the Fed appeared first on Stock Surge Daily.
Jackson Financial Inc. Jackson Financial Inc. (JXN) is a $3.7 billion financial planning firm showing huge growth in both sales and earnings. Here’s how the chart is setting up… Here’s how the stock is setting up with my Stock Surge Indicator (SSI)… Surge score: 97/100 % Above 52-wk low: 98% Sales growth: +170% Return on … The post Watchlist Week of May 2nd, 2022 appeared first on Stock Surge Daily.
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