Daily stock market analysis, trade alerts, and trading education from Ross Givens and the Traders Agency team.
Hey friend, The “Fed speak” we talked about yesterday caused the rally to pause… And with inflation data on the menu for next Tuesday – next week is likely to determine whether this rally is sustainable or not. The Daily Direction Note: All indexes closed lower yesterday, with the Russell 2000’s short-term direction flipping back […]
Hey, Ross here: The rally took a quick pause yesterday… So let’s explore what this could mean in the Chart of the Day. Chart of the Day The rally has hit the resistance point for both the S&P 500 (above) and the Nasdaq (below). One reason for this is Powell once again opening his big […]
Hey friend, This week is light on the economic data… And heavy on “Fed speak” – aka talks by various Fed officials, any of which could potentially move the markets. With that said, let’s see how markets have been moving. The Daily Direction Note: There’s no doubt the speed of the rally has slowed down, […]
Hey, Ross here: The rally continues, with the S&P 500 and the Nasdaq on the way to literal record-breaking win streaks. So in today’s chart, let’s look at the next level for the S&P 500 – a level the Nasdaq has just passed. Chart of the Day This is the S&P 500 trying to fill […]
Hey friend, The speed of the market rally has slowed down compared to last week. But make no mistake, it’s still happening – and you can see that by the amount of green on the table below. The Daily Direction Note: Yesterday’s market movements were largely a repeat of Monday’s. All indexes – except the […]
Hey, Ross here: The S&P 500 and the Nasdaq are now in their longest win streak since November 2021 – two whole years ago. This rally has legs – and the Chart of the Day only adds to that proposition. Chart of the Day This is the S&P 500 with the number of net new […]
Hey friend, The market rally continues… And you can see that by looking at the sea of green in The Daily Direction table below. The Daily Direction Note: All indexes – except the Russell 2000 – closed higher yesterday. No change in any index directions. The Daily Nugget A lot of successful trading is counterintuitive. […]
Hey, Ross here: The rally continues – but there’s one important thing you need to know about rallies. Read on to find out what it is. Chart of the Day This is the percentage of S&P 500 stocks that are trending above their 50-day moving average. Just a week ago, this number was sitting at […]
Hey friend, Welcome to a new trading week. It’s amazing how much the market can turn in the span of a few days… And we can see that by looking at how much green there is on the table below. The Daily Direction Note: All indexes “gapped up” last Friday – as they did for […]
Hey, Ross here: Welcome to a new trading week. Last week was the best week for the markets in over a year, and things are playing out even better than I expected. But we could just be getting started. Chart of the Day If you followed my advice and bought stocks last week, there’s a […]
Hey friend, The markets are rallying hard – even faster than Ross Givens predicted. So, as we close out the trading week, let’s see how the markets have been moving. The Daily Direction Note: All indexes “gapped up” yesterday – the best day for the markets in months. This sent all indexes’ short-term directions back […]
Charles Green here, Senior Market Analyst here at Traders Agency. Here’s today Market Pulse 360. Market Pulse 360 for November 3, 2023 Following the Fed’s decision, other central Banks around the world took no action yesterday to increase their short term rates during their monetary policy meetings. This is very positive for risk assets. We’ve […]
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