Stock Market Blog
Daily stock market analysis, trade alerts, and trading education from Ross Givens and the Traders Agency team.
How We’re Still Finding Opportunities at the Right Levels
The stock market continues to show signs of resilience and optimism. On any given day, the leading indexes will experience buying sending traders into profitable trades, including for the core US benchmark S&P 500 Index. In fact, even this morning, the S&P showed some nice gains for a period of time both in the cash … The post How We’re Still Finding Opportunities at the Right Levels appeared first on Josh Daily Direction.
Is This Small-Cap Energy Stock on the Verge of a Breakout?
Well, that was a doozy… Stocks got clobbered again on Wednesday in one of the worst sessions in recent memory. This is what my index watchlist looked like an hour before the close… The Dow ultimately fell 3.6%, the S&P finished the day lower by 4% and the Nasdaq 100 dropped a whopping 5.1%. That’s … The post Is This Small-Cap Energy Stock on the Verge of a Breakout? appeared first on Stock Surge Daily.
Here’s the Rundown on BTC
The digital currency markets continue to be as volatile as the leading stock market indexes over the past weeks. This is providing challenges for researching and analyzing both direction as well as levels for entry. There are definitely plenty of opportunities for trading digital currencies, especially the leading currency in BTC. In addition, by tracking … The post Here’s the Rundown on BTC appeared first on Josh Daily Direction.
When Shorting Stocks, Be the School Yard Bully
Yesterday, I talked about one particular area of the market where stocks are still getting bought… The shipping sector. So, yes, there are some bullish opportunities out there. But for the most part, I continue to see weakness across the board, and I’m maintaining my bearish stance. There are still a lot more short opportunities … The post When Shorting Stocks, Be the School Yard Bully appeared first on Stock Surge Daily.
Go Small for Bigger Gains
The stock market is having another big risk-off trading day… This follows the prior day’s enthusiasm stemming from the series of excellent economic data and news, particularly for consumer spending and retail sales. But even today, there are trades setting up for stocks that are bargains now with underpinnings of future positive business successes. Specifically, … The post Go Small for Bigger Gains appeared first on Josh Daily Direction.
Even in a Bear Market… These Stocks Are Shipping Strong Gains
I’ve given CNBC’s Jim Cramer a hard time for being more about entertainment than real investing advice. After all, the Mad Money host doesn’t have the best track record when it comes to big calls, as I detailed in a recent article. But there is one thing Cramer is right about… There is always a … The post Even in a Bear Market… These Stocks Are Shipping Strong Gains appeared first on Stock Surge Daily.
Let’s Go For the Gold
The stock market has experienced plenty of downs lately with a few ups along the way, such as for this morning. But with plenty of concerns held by stock traders right now, looking at alternative assets for trading gain opportunities just makes a lot more sense right now. Gold is one of those alternative assets … The post Let’s Go For the Gold appeared first on Josh Daily Direction.
Was This the Final Straw for the Stock Market?
As goes Apple, so goes the market? This is a phrase you’ve probably heard before… Apple (AAPL) is the largest US company with a market cap of $2.4 trillion. And it’s the world’s second-largest company, just behind Saudi Arabian Oil Company. So, it would make sense that if Apple moves in a certain direction, the … The post Was This the Final Straw for the Stock Market? appeared first on Stock Surge Daily.
A Big, Bold Forecast for the Nasdaq 100 Market
Big technology stocks have been a major driver for the US stock market returns over the past some years. And these stocks have also been a major source of asset gathering by mega asset managers, both in ETFs as well as for general investment funds. This also includes many major hedge funds that are active … The post A Big, Bold Forecast for the Nasdaq 100 Market appeared first on Josh Daily Direction.
Watchlist Week of May 15th, 2022
Evercore Inc. (Short Idea) Evercore Inc. (EVR) was a market leader following the pandemic selloff of 2020. Shares climbed over 400% before peaking in October. Since then, EVR has reversed course. Here’s how the chart is setting up… And here’s how the stock is setting up with my Stock Surge Indicator (SSI)… Surge score: 37/100 … The post Watchlist Week of May 15th, 2022 appeared first on Stock Surge Daily.
Watchlist Update: These Stocks Are Crumbling Under their Own Weight
Stocks saw more selling last week with each of the major indexes making new 52-week lows. As I pointed out in last week’s update, this was largely expected. Institutions were clearly reducing exposure, as evidenced by the increase in volume on the acceleration down. Given the violence of the recent selloff, I believe we are … The post Watchlist Update: These Stocks Are Crumbling Under their Own Weight appeared first on Stock Surge Daily.
The General of the EV Market
General Motors Company (GM) is spending a reported billions on developing electric vehicles (EVs) that will counter Tesla Motors (TSLA) as well as other EV companies. The market is hot for EVs, and this may well set up trading opportunities for long trades in the leaders in EVs including for GM. This has led us to … The post The General of the EV Market appeared first on Josh Daily Direction.
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