Stock Market Blog
Daily stock market analysis, trade alerts, and trading education from Ross Givens and the Traders Agency team.
Here’s Where to Short SIG Stock
For stocks to go up, they need buying, or “accumulation.” “Distribution” is the opposite of accumulation. It means stocks are going down on above-average volume. And that is exactly what we have seen during eight of the last 10 trading days (see chart below). This should be a big red flag for investors. It means … The post Here’s Where to Short SIG Stock appeared first on Stock Surge Daily.
Here’s Why Brand Power is So Important
Brand power… This is the idea that some companies have brands that give them huge power in the market. It’s hard to quantify. But the value is tremendous. For example, would you rather buy a pair of new shoes from Amazon (AMZN)… Or a company like Alibaba (BABA) known for its questionable products? If you’re … The post Here’s Why Brand Power is So Important appeared first on Stock Surge Daily.
Watchlist Week of Mar 14th, 2022
Crane Co. Crane Co. (CR) is a $6 billion manufacturer of industrial products for a wide range of markets, including commercial and military aerospace, oil and gas and even wastewater applications. 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: 85/100 … The post Watchlist Week of Mar 14th, 2022 appeared first on Stock Surge Daily.
Watchlist Update: No Need to Catch Falling Knives
We continue to see the same action in the markets that we saw the week before. Selling is the dominating force right now, with only a few pockets of the market seeing strength. Those groups are almost exclusively energy-focused, such as those in oil, coal and even solar companies. I’m bringing you one of those … The post Watchlist Update: No Need to Catch Falling Knives appeared first on Stock Surge Daily.
What I’m Wishing For On My Birthday This Year
Today is my birthday. In my younger years, my birthday plans usually included a night out on the town with friends… A few drinks at the bar… Then maybe a few more! But these days, I’m a married man. I’m no longer much for gifts or celebrations. I’ll probably spend the evening with my wife … The post What I’m Wishing For On My Birthday This Year appeared first on Stock Surge Daily.
Five Reasons to Sell a Rising Stock
As traders, we spend a lot of time looking for the perfect place to buy a stock. At least I do. I’ve written about how to buy a stock that’s in a strong uptrend… I’ve talked about how to buy stocks following large share purchases from company insiders… And I’ve told you how to buy … The post Five Reasons to Sell a Rising Stock appeared first on Stock Surge Daily.
Why I Don’t Own BTC
I know I’m supposed to love BTC, the world’s biggest digital currency by market cap. But I just don’t. I love the idea of it… A decentralized currency with no interference from central banks? I’m in! Transferring money across the world in seconds instead of days with almost no fees? I like that, too! A … The post Why I Don’t Own BTC appeared first on Stock Surge Daily.
Why Some Trends are More Powerful Than Others
There are plenty of old adages on Wall Street… “Buy low & sell high.” “It’s a market of stocks, not a stock market.” “Sell in May, and go away.” Some hold true, and some don’t. One that really holds true for me is, “The trend is your friend.” But some trends are more powerful than … The post Why Some Trends are More Powerful Than Others appeared first on Stock Surge Daily.
Watchlist Week of Mar 7th, 2022
Micron Technology, Inc. Micron Technology, Inc. (MU) is the $93 billion semiconductor manufacturer that makes memory and other storage devices for a wide range of applications. The shares were on the decline for most of last year but have recovered and started to push the prior highs again. Here’s how the chart is setting up… … The post Watchlist Week of Mar 7th, 2022 appeared first on Stock Surge Daily.
Watchlist Update: How to Make It in a Market Like This
I told you last week that I don’t care much for most fundamentals… But one thing I do care about is sentiment. And rising geopolitical tensions continued to suppress investor appetite for buying stocks again last week. Technically speaking, while the major indexes are easily holding above the prior week’s lows, the S&P 500, Nasdaq … The post Watchlist Update: How to Make It in a Market Like This appeared first on Stock Surge Daily.
When Growth Slows… A Stock Dies
Growth. That’s the name of the game. Price-earnings (PE) ratios, book value and all the other fundamental nonsense are essentially worthless. (If you missed yesterday’s update on the right way to use PE ratios, click here now.) Wall Street wants to see companies growing their sales and earnings… It wants to see more dollars coming … The post When Growth Slows… A Stock Dies appeared first on Stock Surge Daily.
Here’s the Right Way to Use PE Ratios When Trading
If you’ve been following Stock Surge Daily for a while, you know that price to earnings (PE) ratios are useless to me. The price to earnings ratio is a leftover remnant from a simpler time when investing in stocks was easy… When buying blue-chip stocks at discount prices was an actual investment strategy… Obviously, this … The post Here’s the Right Way to Use PE Ratios When Trading appeared first on Stock Surge Daily.
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