Stock Market Blog
Daily stock market analysis, trade alerts, and trading education from Ross Givens and the Traders Agency team.
Here’s Where to Short SIG Stock
For stocks to go up, they need buying, or “accumulation.” “Distribution” is the opposite of accumulation. It means stocks are going down on above-average volume. And that is exactly what we have seen during eight of the last 10 trading days (see chart below). This should be a big red flag for investors. It means … The post Here’s Where to Short SIG Stock appeared first on Stock Surge Daily.
Waiting on the NQ to Turn Around
Good morning, Daily Direction readers! We’re looking at the Nasdaq 100 E-mini futures market (NQ) today as we continue to monitor some very fascinating market events. With everything going on in Europe right now, we all know that Wall Street investors are keeping a careful eye on the news cycle. As things progress, staying true to our … The post Waiting on the NQ to Turn Around appeared first on Josh Daily Direction.
Here’s Why Brand Power is So Important
Brand power… This is the idea that some companies have brands that give them huge power in the market. It’s hard to quantify. But the value is tremendous. For example, would you rather buy a pair of new shoes from Amazon (AMZN)… Or a company like Alibaba (BABA) known for its questionable products? If you’re … The post Here’s Why Brand Power is So Important appeared first on Stock Surge Daily.
Getting Ready for a Move in Gold Futures
Good morning, Daily Direction readers! Today we’re watching gold futures (GC) as the market could be pushing through the short-term down trendline. If/when that happens, we’ll look for opportunities to trade the market. With all of the volatility we’re seeing in the market, keeping to our strategy is of the utmost importance. Investors are watching the latest headlines, … The post Getting Ready for a Move in Gold Futures appeared first on Josh Daily Direction.
Watchlist Week of Mar 14th, 2022
Crane Co. Crane Co. (CR) is a $6 billion manufacturer of industrial products for a wide range of markets, including commercial and military aerospace, oil and gas and even wastewater applications. 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: 85/100 … The post Watchlist Week of Mar 14th, 2022 appeared first on Stock Surge Daily.
Watchlist Update: No Need to Catch Falling Knives
We continue to see the same action in the markets that we saw the week before. Selling is the dominating force right now, with only a few pockets of the market seeing strength. Those groups are almost exclusively energy-focused, such as those in oil, coal and even solar companies. I’m bringing you one of those … The post Watchlist Update: No Need to Catch Falling Knives appeared first on Stock Surge Daily.
What I’m Wishing For On My Birthday This Year
Today is my birthday. In my younger years, my birthday plans usually included a night out on the town with friends… A few drinks at the bar… Then maybe a few more! But these days, I’m a married man. I’m no longer much for gifts or celebrations. I’ll probably spend the evening with my wife … The post What I’m Wishing For On My Birthday This Year appeared first on Stock Surge Daily.
The Right Way to Make Trading Less Difficult
It’s Thursday, Daily Direction readers! If you’re a subscriber to my Daily Direction email, you’ll notice numerous important indicators down the right-hand column as you read this newsletter. These simple symbols offer a quick snapshot of how our selected futures market performed for the day. Daily Direction’s purpose is to provide you with the knowledge … The post The Right Way to Make Trading Less Difficult appeared first on Josh Daily Direction.
Five Reasons to Sell a Rising Stock
As traders, we spend a lot of time looking for the perfect place to buy a stock. At least I do. I’ve written about how to buy a stock that’s in a strong uptrend… I’ve talked about how to buy stocks following large share purchases from company insiders… And I’ve told you how to buy … The post Five Reasons to Sell a Rising Stock appeared first on Stock Surge Daily.
Why I Don’t Own BTC
I know I’m supposed to love BTC, the world’s biggest digital currency by market cap. But I just don’t. I love the idea of it… A decentralized currency with no interference from central banks? I’m in! Transferring money across the world in seconds instead of days with almost no fees? I like that, too! A … The post Why I Don’t Own BTC appeared first on Stock Surge Daily.
The Long-Term Outlook for the Nasdaq
Good morning, Daily Direction readers! We’re taking a look at the Nasdaq 100 futures market (NQ) today as we continue to watch the current selloff. While we’re out of the NQ right now, our data shows signs of a rally in the long-term outlook. Currently, the market is retracing off of the monthly timeframe toward a known level of … The post The Long-Term Outlook for the Nasdaq appeared first on Josh Daily Direction.
Why Some Trends are More Powerful Than Others
There are plenty of old adages on Wall Street… “Buy low & sell high.” “It’s a market of stocks, not a stock market.” “Sell in May, and go away.” Some hold true, and some don’t. One that really holds true for me is, “The trend is your friend.” But some trends are more powerful than … The post Why Some Trends are More Powerful Than Others appeared first on Stock Surge Daily.
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