Daily stock market analysis, trade alerts, and trading education from Ross Givens and the Traders Agency team.
Today, we’re looking at the S&P 500 Index (ES). We are looking at the potential for further downside. So let’s take a look at the S&P 500 Index futures contracts… Looking at S&P 500 Futures Contracts Here’s how the chart is shaping up and how we see the market… The ES daily time frame is … The post The S&P 500 Set for Potentially Further Downside appeared first on Josh Daily Direction.
Tuesday was the worst day for stocks since 2020. Almost everything was down. Major indexes fell back to a crucial support level shown below in white on the QQQ. This has been a battleground for stocks since June, so it’s not surprising that this is where the selling finally stopped. But this is where the … The post 3 Stocks to Buy on This Pullback appeared first on Stock Surge Daily.
Today, we’re looking at the smaller stocks that appear to be setting up for a potential opportunity. These types of stocks are represented by the Russell 2000 Index (RTY). So let’s take a look at the Russell 2000 Index futures contracts… Looking at RTY Futures Contracts Here’s how the chart is shaping up and how … The post Small Stocks May Hold Opportunities appeared first on Josh Daily Direction.
Solar stocks. I’ve been saying it for months, but this is the place to focus right now. Tuesday was an absolute bloodbath for stocks. The Nasdaq dropped 5.5%. The Dow fell over 1200 points. But guess what? Solar stock, Enphase Energy (ENPH), went UP on Tuesday… So did First Solar (FSLR)… and Sunrun (RUN)… and … The post The Only Stocks Going UP Right Now appeared first on Stock Surge Daily.
Today we’re looking at the big tech stocks that appear to be in trouble. These are represented by the Nasdaq 100 Index. So let’s look at the NQ 100 Index futures contracts… Looking at NQ Futures Contracts Here’s how the chart is shaping up and how we see the market… The NQ daily time frame … The post Big Tech is in Trading Trouble appeared first on Josh Daily Direction.
One of my favorite market internals to watch is the put/call ratio. It measures the ratio of traders buying puts (bets the market will go lower) to those buying calls (bets the market will go higher). So the higher the ratio, the more bearish investors are and the more money they are betting on prices … The post Watch This Indicator for the Market Bottom appeared first on Stock Surge Daily.
We’re always looking at various markets and today, we are taking a look at the digital currency market. There’s always plenty of action taking place in the market for digital currencies. So, let’s look at BTC… Looking at BTC Futures Contracts Here’s how the chart is shaping up and how we see the market… The … The post Where Is BTC Going? appeared first on Josh Daily Direction.
We’re always looking at various markets including markets for resources. And today, we are taking a look at the crude oil market. So, let’s move through crude… Looking at Crude Oil Here’s how the chart is shaping up… The CL one hour time frame is in a large sideways movement. The market is near the … The post Let’s Take a Look at Crude Oil appeared first on Josh Daily Direction.
Last week, I pointed out the upside reversal day we saw in the S&P 500 and how I thought the market would bounce from there. I also discussed the 3,900 area being a key support level for the index. Stocks broke above this level in late July on bullish volume, which triggered me to call … The post Watchlist Update: Why You Need to Act Fast in This Market appeared first on Stock Surge Daily.
We’re seeing lots of green on our screens at the end of this week. Hopefully you’ve been following my trades and utilizing my knowledge to work toward your own futures trading career. But if you’re just starting out, today’s your lucky day… I’m going to take a look at one of the most important fundamental … The post Does Your Broker Fit Your Trading Needs? appeared first on Josh Daily Direction.
There’s always plenty of action taking place in the market for digital currencies. And this morning, the price of BTC (BTC) futures shot higher by as much as 11%. But that doesn’t necessarily make it a good buy at current levels. Instead, read on for our take on this exciting market and where we’ll be … The post A Big Bounce for BTC… What’s Next? appeared first on Josh Daily Direction.
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.
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