Daily stock market analysis, trade alerts, and trading education from Ross Givens and the Traders Agency team.
Grayscale Bitcoin Trust (Short Idea) The Grayscale Bitcoin Trust (GBTC) is an exchange traded fund that gives investors access to Bitcoin in the form of a security. It trades like a stock and can be bought in any traditional brokerage account, so you don’t have to go through a digital currency exchange to trade it. … The post Watchlist Week of June 13th, 2022 appeared first on Stock Surge Daily.
Today’s stock market was sent south with the inflation data from the Bureau of Labor Statistics (BLS) and its Consumer Price Index (CPI). The increase in monthly and annual data sent fears flying over inflation, and stocks were sold off again. And even as the University of Michigan Consumer Sentiment data was lower, it was … The post When All Else Goes South, Go With Gold appeared first on Josh Daily Direction.
We’ve been talking a lot lately about the energy markets… And for good reason. Crude oil futures are up 60% so far this year, and natural gas futures are up a whopping 134%. While I’m not happy about this as a consumer, it’s been great for traders like us looking to ride the wave of … The post Are Solar Stocks Ready to Shine Again? appeared first on Stock Surge Daily.
The S&P 500 Index is the benchmark Index for countless investment funds and is the bogey that fund managers have to beat quarter by quarter and year by year. So, what is happening for this important index so far this year? And what does our research show for the direction and trading opportunities for this … The post What’s the Next Move for the S&P 500 Index? appeared first on Josh Daily Direction.
Last Friday, we talked a bit about the energy markets and how we had traded Permian Basin Royalty Trust (PBT) in my Alpha Stocks research service. As a reminder, subscribers had the chance to book a 21% gain in PBT shares in just over two weeks. Well, since then, the price of crude oil in … The post How We’re Stealth Trading in the Energy Markets appeared first on Stock Surge Daily.
On any given trading day, it’s the big, well known stocks that grab the headlines. Be it news developments that drive stock prices or even the whole market for better or worse or just product news, big stocks get big attention. But for this year’s stock market performances, bigger isn’t necessarily better for price gain … The post Why Small Stocks Mean Big Profit Potential appeared first on Josh Daily Direction.
It’s been a while since we’ve talked about price patterns… But given that one of this week’s Watchlist stocks is forming a “cup and handle” pattern, I wanted to take some time to review that pattern specifically. The cup and handle, sometimes called a “cup with handle,” is a well known but little understood price … The post Why the Cup and Handle is One of My Favorite Chart Patterns appeared first on Stock Surge Daily.
While the US stock markets are not completely and fully in a bull market, there are trails and paths for profits that I’m discovering right now. All it takes to get past the under and over brush of weeds is to hunker down and stick to my tried and true chart analysis to find these … The post The Tech Path for Gains Reveals Itself appeared first on Josh Daily Direction.
We’ve been on a roll over at my Alpha Stocks research service lately. Even with the action we’ve seen in the markets, we’ve been able to find winning trades. For example, I’ve written about our short trade in Pegasystems Inc. (PEGA) that took place back in May. That stock was stair-stepping its way lower with … The post Is Your Exit Strategy Leaving Gains on the Table? 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 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.
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