Daily stock market analysis, trade alerts, and trading education from Ross Givens and the Traders Agency team.
Most US markets are closed today in observance of the Memorial Day holiday, and I know you’re probably spending some quality time with family and friends. But I wanted to get in touch with a quick note before we all get back to trading tomorrow morning… I talk about mindset a lot because it’s so … The post Mind the Mental Gap appeared first on Josh Daily Direction.
Hey friend, Here’s how the markets have been moving. The Daily Direction Note: Most indexes closed flat yesterday as bulls and bears canceled each other out. No change in any directions. The Daily Nugget The stock market will not give you an entry point – you have to uncover one yourself. Trade entry points are […]
Hey friend, Let’s see how markets have been moving as we close out the trading week. The Daily Direction Note: A down day for the markets thanks to mixed earnings and economic reports – but not enough to create any change in the indexes’ directions. The Daily Nugget Understand the difference between risk and intelligent […]
Good morning, Traders! So far, so good for Nasdaq futures (NQ). Both the long-term and short-term directions are up as the market continues to move toward the 14895.5 price point in the current rally! That means there’s plenty of opportunities to trade the NQ and make money! As you’ll see in our timeframe analysis, the market rebounded … The post A market that’s making all the right moves appeared first on Josh Daily Direction.
Hey friend, Let’s see how markets have been moving as we start a new (shortened) trading week. The Daily Direction Note: Bad news is good news again, and all indexes ended last week higher after a rise in unemployment numbers sparked hopes that the Fed will put a stop to its rate hiking cycle. All […]
Hey friend, 10-year Treasury yields hit a new high yesterday, rising above the 4.9% mark. Combine this with continually increasing uncertainty in the Middle East and some weak earnings numbers – and you have a recipe for a down day in the markets. The Daily Direction Note: All indexes closed lower yesterday – causing multiple […]
Good morning, Traders! Light crude oil futures (CL) are trading beautifully, with a textbook example of a counter trendline break playing out. As the market continues to push through the buy zone, we can expect a +400 tick movement to develop. For a while, the CL was in a descending trend. But as you’ll see in … The post What light crude oil futures mean for you appeared first on Josh Daily Direction.
Good morning, Traders! It’s Monday, and that means another week of trading. Things will be a little different over the next few days as we approach the start of the holiday season. So now’s a good time to sit down and go over some of the fundamentals of the market! Trading has the potential to … The post This Is the First Step in Becoming a Knowledgeable Trader appeared first on Josh Daily Direction.
Good Morning, Traders! I’m going to talk about how to find the best futures broker in this edition of the Daily Direction! The way we place transactions in the market is through a brokerage service. The broker is the one who makes all the magic happen behind the scenes when you buy or sell a … The post This first step is crucial to successful trading appeared first on Josh Daily Direction.
Hey friend, Here’s how markets have been moving. The Daily Direction Note: Markets have been somewhat calmed by UBS’ “bailout-buyout” of Credit Suisse and the S&P 500 regained its long-term uptrend. The Daily Nugget Panic can be rational – and exploited. Panic will always have a strong emotional element to it. But it can also […]
Hey friend, Let’s see how markets have been moving. The Daily Direction Note: A mixed but slightly positive close overall as the inflation data was considered better than expected. No change in any index directions. The Daily Nugget Successful traders are both optimistic and pessimistic at the same time. Be pessimistic in the sense of […]
Yesterday, we talked about my latest weekly idea for the S&P 500 (ES) futures market. With the bounce yesterday afternoon and the follow-through move to the upside today, that idea is almost in play. However, I realize that many of my readers are new to the futures markets. So, if you want to participate in … The post Here’s the Scoop on Futures Trading So You’re Ready for the Next Big Move appeared first on Josh Daily Direction.
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