Daily stock market analysis, trade alerts, and trading education from Ross Givens and the Traders Agency team.
US and global crude oil markets have been on a tear with some big gains. But this has changed recently as the US crude oil futures contracts (CL) has sold off into the sell zone. This doesn’t mean that the market is done, however, as there are always opportunities for both long and short trades. … The post Crude Oil Back in the Sell Zone? appeared first on Josh Daily Direction.
I’ve written several articles in recent months explaining why I think BTC – the world’s biggest digital currency by market capitalization – is set for a massive crash. Of course, the price is already down 71% from its all-time high, but that doesn’t mean it can’t fall further. In fact, what I’m seeing on the … The post Is BTC About to Break Down… Again? appeared first on Stock Surge Daily.
Gold has had plenty of great trading days and weeks. And it has also been providing a defensive alternative for stocks. But right now, we see that the market, while providing some appealing trading attributes, is not trading in the buy zone for the futures contract (GC). So, despite the allure of gold, we are … The post How We’re Looking at the Market for Gold appeared first on Josh Daily Direction.
I’m eager to share a new stock idea with you today, as it’s a great example of what I look for in my premium Insider Effect research service. We’ll get right to it, but I encourage you to read through the full article to see how you can get all the details of this trade … The post Why Insiders Are Making Big Bets on This Game Changing Drug Stock appeared first on Stock Surge Daily.
Each and every week, I share what I see as one of my top trade ideas for the futures contracts markets. And to invite global comments, I provide the core chart and discussion on my TradingView page right here. The Nasdaq 100 (NQ) continues to provide trading opportunities both for shorter-term trades as well as … The post Trading the Nasdaq 100 in the Sell Zone appeared first on Josh Daily Direction.
Sierra Wireless, Inc. (Long Idea) Sierra Wireless, Inc. (SWIR) is a Canadian designer of wireless and embedded modules, gateways and routers. Computer networking stocks are not showing strength as a group, but SWIR has a Surge Score of 99/100. In other words, it is outperforming 99% of stocks. Earnings and sales were both up big … The post Watchlist Week of July 11th, 2022 appeared first on Stock Surge Daily.
As I write this on Friday morning, the Nasdaq is up roughly 2% for the week. The S&P 500 recorded four positive days in a row to start the week, and we are beginning to see signs of institutional buying. Thursday was an 88% up-volume day, meaning 88% of the volume was on the advance. … The post Watchlist Update: Seeing Signs of Stealth Buys appeared first on Stock Surge Daily.
Technology stocks were the leaders for a long time until the market turned sour this year. Fear of recession has impacted the technology-laden Nasdaq 100 Index futures contract (NQ) particularly hard. But we are happy to look at some bearish trading ideas for the NQ, as there are certainly some downside profits to be made … The post Looking for Lower Prices in the Nasdaq 100 appeared first on Josh Daily Direction.
Stocks keep vacillating on thoughts of recession and growth. This is impacting trading in the major indexes, including for the S&P 500 futures index contract (ES). And while there may well be some upside for the index in the near term, there are also some downside profits to be made right now. Keep reading below … The post Are S&P 500 Futures Set Up for a Sell? appeared first on Josh Daily Direction.
Today, I want to revisit Chinook Therapeutics, Inc. (KDNY) and cover the latest move in the stock. Regular readers will know Chinook, as it was included on our Watchlist for the last two weeks… But it also became an official recommendation in my premium Alpha Stocks trading service this week. In fact, I actually recommended … The post With a Setup Like This, I’m Expecting Big Things From Chinook Therapeutics appeared first on Stock Surge Daily.
The market for crude oil may have taken a pause, but it is far from out. In fact, there are plenty of opportunities that you need to be set up to capitalize on over the coming days and weeks. So, today, I want to share my take on the crude oil futures contract market (CL) … The post Crude Oil Down But Not Out appeared first on Josh Daily Direction.
Regular readers know that big bases can lead to big breakouts… This price pattern is characterized by a relatively tight trading range following a large move up or down. Not much happens inside the base, and there isn’t much opportunity for profit trading within a base. However, these bases are where large, institutional investors accumulate … The post Why I’m Looking for Multi-Year Moves Out of These Big Bases appeared first on Stock Surge Daily.
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