Daily stock market analysis, trade alerts, and trading education from Ross Givens and the Traders Agency team.
Each and every week, I share what I see as one of my top trade ideas for the futures contacts markets. And to invite global comments, I provide the core chart and discussion on my TradingView page right here. Gold continues to provide trading opportunities both for shorter-term trades as well as for longer-term position … The post My Big Idea to Kick Off this Trading Week appeared first on Josh Daily Direction.
Howmet Aerospace Inc. Howmet Aerospace Inc. (HWM) is a $15 billion specialty industrial company that engineers metal products for the aerospace and transportation industries across the globe. The company is a major supplier for Boeing (BA). Here’s how the chart is setting up… And here’s how the stock is setting up with my Stock Surge … The post Watchlist Week of June 6th, 2022 appeared first on Stock Surge Daily.
The lows that the S&P 500, Nasdaq 100 and Dow Jones all made on May 20 continue to hold. Since then, we’ve seen a valid follow-through day on May 26 and strong action that week. Last week, the indexes were largely unchanged. As I’m writing this on Friday morning, the S&P and Nasdaq are flat … The post Watchlist Update: Is the Market Low Already In? appeared first on Stock Surge Daily.
As May was wrapping up and June was getting underway, technology stocks provided some great trading opportunities. From May 24 through last Friday, the tech-laden Nasdaq 100 Index futures contract (NQ) has returned over 6.8%, well outpacing the more general stock indexes such as the S&P 500 Index futures contract (ES) for the same time … The post Checking in on My Tech Trade Idea appeared first on Josh Daily Direction.
Sometimes, traders can actually find bigger gain opportunities from smaller stocks in the US market. Smaller stocks tend to be focused on US customers and market segments, which insulates them from currencies, including the stronger US dollar, as well as global economic challenges, as the US is currently setting up to be one of the … The post Finding Bigger Gains from Smaller Stocks appeared first on Josh Daily Direction.
On Tuesday, I explained that the energy sector is in the driver’s seat for earnings and revenue growth this year. For the first quarter, the energy sector far surpassed all other sectors in terms of year-over-year earnings growth, coming in at 257.8% year-over-year. It’s the same story for revenue growth as well. With energy prices … The post How We Booked a 21% Gain in Just Over Two Weeks appeared first on Stock Surge Daily.
Gold got my attention this week as the currency and other markets set up conditions that are more favorable for the shiny yellow metal. Add in the ongoing volatility in the stock markets, and traders have been further getting in line with my reasoning for higher gold prices. I recently presented the trade idea for … The post My Golden Trade Idea is Ready to Hit appeared first on Josh Daily Direction.
Today, I want to take a look at the S&P 500 to get a better idea of where the index sits following last week’s bounce. I’ll also cover each of the stocks from this week’s Watchlist and let you know how they’ve been shaping up since Monday. First off, the S&P experienced a bounce of … The post S&P Stalls at Resistance, But We’re Still Finding Breakouts appeared first on Stock Surge Daily.
The stock market was showing some positive signs as the month of May came to a close, including a positive performance for the S&P 500 Index futures contract (ES). Then, as June commenced, the ES set up as a buy trade idea. To kick off the new trading month, I’m sharing my thoughts on the … The post This Week’s Trade Idea for the S&P 500 appeared first on Josh Daily Direction.
In his 1986 Berkshire Hathaway Chairman’s Letter, Warren Buffett famously talked about fear and greed as “two super-contagious diseases.” He explained, “The timing of these epidemics will be unpredictable. And the market aberrations produced by them will be equally unpredictable… Therefore, we never try to anticipate the arrival or departure of either disease.” Instead, Buffett … The post Where Warren Buffett is Finding Great Values in This Market appeared first on Stock Surge Daily.
With the old adage of “Sell in May and go away” as a backdrop, today the market is setting up some trading ideas in the buy zone. This includes the technology-focused Nasdaq 100 Index futures contract (NQ). Here’s how I see this index and its contract shaping up for a positive trade idea today. The … The post A Short-Term Setup in the NQ appeared first on Josh Daily Direction.
I hope everyone had a chance yesterday to spend some quality time with family and friends for Memorial Day. It’s always nice to take a break from the markets when holidays come along. But it’s also hard waiting for the markets to reopen again when you know there is money to be made. And for … The post Riding the Sector Wave to Big Stock Gains appeared first on Stock Surge Daily.
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