Stock Market Blog
Daily stock market analysis, trade alerts, and trading education from Ross Givens and the Traders Agency team.
Checking in on My Tech Trade Idea
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.
Finding Bigger Gains from Smaller Stocks
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.
How We Booked a 21% Gain in Just Over Two Weeks
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.
My Golden Trade Idea is Ready to Hit
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.
S&P Stalls at Resistance, But We’re Still Finding Breakouts
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.
This Week’s Trade Idea for the S&P 500
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.
Where Warren Buffett is Finding Great Values in This Market
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.
A Short-Term Setup in the NQ
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.
Riding the Sector Wave to Big Stock Gains
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.
Mind the Mental Gap
Most US markets are closed today in observance of the Memorial Day holiday, and I know you’re probably spending some quality time with family and friends. But I wanted to get in touch with a quick note before we all get back to trading tomorrow morning… I talk about mindset a lot because it’s so … The post Mind the Mental Gap appeared first on Josh Daily Direction.
Watchlist Week of May 30th, 2022
Aris Water Solutions, Inc. Aris Water Solutions, Inc. (ARIS) is a recent initial public offering (IPO) currently forming its first base. The company operates as a regulated water utility company and has a market value of $1.7 billion at current levels. Surge score: 96/100 % Above 52-wk low: 94% Sales growth: +54% Return on Equity: … The post Watchlist Week of May 30th, 2022 appeared first on Stock Surge Daily.
Watchlist Update: Have We Hit Peak Inflation?
Editor’s Note: All major U.S. stock markets are closed today, May 30, in observance of Memorial Day. Stocks finally began to reverse course last week, posting their first positive week in two months. The market is attempting to put in a bottom, and we got our first official follow-through day on Thursday. The Nasdaq Composite … The post Watchlist Update: Have We Hit Peak Inflation? appeared first on Stock Surge Daily.
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