Daily stock market analysis, trade alerts, and trading education from Ross Givens and the Traders Agency team.
Micron Technology, Inc. Micron Technology, Inc. (MU) is the $93 billion semiconductor manufacturer that makes memory and other storage devices for a wide range of applications. The shares were on the decline for most of last year but have recovered and started to push the prior highs again. Here’s how the chart is setting up… … The post Watchlist Week of Mar 7th, 2022 appeared first on Stock Surge Daily.
I told you last week that I don’t care much for most fundamentals… But one thing I do care about is sentiment. And rising geopolitical tensions continued to suppress investor appetite for buying stocks again last week. Technically speaking, while the major indexes are easily holding above the prior week’s lows, the S&P 500, Nasdaq … The post Watchlist Update: How to Make It in a Market Like This appeared first on Stock Surge Daily.
Good morning, Daily Direction followers! Friday has arrived! We’ve had a hectic trading week with lots of intriguing market action. We can now take a breather as we wrap up this week and prepare for the next. Now’s a good time to look back on how we did this week and get ready for the … The post Are You Properly Managing Trading Risk? appeared first on Josh Daily Direction.
Growth. That’s the name of the game. Price-earnings (PE) ratios, book value and all the other fundamental nonsense are essentially worthless. (If you missed yesterday’s update on the right way to use PE ratios, click here now.) Wall Street wants to see companies growing their sales and earnings… It wants to see more dollars coming … The post When Growth Slows… A Stock Dies appeared first on Stock Surge Daily.
Good morning, Traders! Many of my students ask to learn more about the lines that run across my timeframe charts. Those candlestick charts are what show price movement within a market. And each move, or tick, has a certain value. That’s how we figure out which markets will give us a profitable trade! Reading a timeframe … The post Why These Lines on Our Charts Are So Important appeared first on Josh Daily Direction.
If you’ve been following Stock Surge Daily for a while, you know that price to earnings (PE) ratios are useless to me. The price to earnings ratio is a leftover remnant from a simpler time when investing in stocks was easy… When buying blue-chip stocks at discount prices was an actual investment strategy… Obviously, this … The post Here’s the Right Way to Use PE Ratios When Trading appeared first on Stock Surge Daily.
According to my research, 96% of the biggest stock moves started after a bear market reversal. Read that again… NINETY-SIX PERCENT of the best investment opportunities came after a bear market… Just like we are seeing now, with the Nasdaq down over 20% from its highs. Heed this advice: Do not miss this window of … The post The Next Wave of Massive Gains is Right Around the Corner… Will You Be Ready? appeared first on Stock Surge Daily.
Good morning, Daily Direction readers! Today, we’re taking a look at the Nasdaq 100 E-mini futures market (NQ) as we continue to watch some very interesting developments in the markets. We all know that investors on Wall Street are keeping a close eye on the news cycle with everything that’s happening in Europe right now. That’s why … The post How to Balance the Long-Term With the Short-Term appeared first on Josh Daily Direction.
When we make a great trade, we sometimes feel like a hero. We feel like we’re on top of the world. But it is rare to see true heroism in real life. I’m not talking about scoring a big win in your trading account… I’m talking about acts of courage that make you want to … The post What a True Hero Looks Like to Me appeared first on Stock Surge Daily.
Good morning, Daily Direction readers! Thanks to everything that’s happening in the world right now, light crude oil futures (CL) are hitting our price limit. With the current situation in Eastern Europe, there’s a lot of concern about the global oil supply. That’s why the price is so high. And while the latest news is certainly … The post What to Do When Prices Are High appeared first on Josh Daily Direction.
SandRidge Energy (SD) • Surge score: 99/100 • % Above 52-wk low: 246% • Sales growth: +68% • Triple momentum: yes Energy continues to be the strongest sector in the market, and Russia’s invasion of the Ukraine is only making it stronger. SD is compressing nicely into an early entry point on a breakout above … The post Watchlist Week of Feb 28th, 2022 appeared first on Stock Surge Daily.
This week’s new Watchlist of stocks includes three companies that are leaders in the major industries that continue to be highly in demand in the US market and around the globe. Energy, shipping and agricultural products – these are what are all in demand resulting in more sales, more earnings and most importantly, more trading … The post Ross’s New Watchlist appeared first on Stock Surge Daily.
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