Daily stock market analysis, trade alerts, and trading education from Ross Givens and the Traders Agency team.
Good morning, Daily Direction readers! For today’s edition, we’re watching Gold Futures (GC) for opportunities to make profitable trades as the market moves from the bottom to the top of the up channel. The GC is pushing close to the short-term down trendline, which could send the market back down toward the bottom of the channel. But the … The post Preparing Our Charts for the GC appeared first on Josh Daily Direction.
Like many individuals who have made playing the markets their job, I have spent my entire professional career looking for the most promising investment opportunities… Opportunities where I can simply plant my capital and grow my bank account. This could mean betting on anything from gold to real estate to tech, or anything in between. … The post How to Survive the Market Storm… appeared first on Stock Surge Daily.
Hello, Daily Direction readers! Markets are open, and we’re ready to follow the E-Mini Russell 2000 futures market (RTY). The long-term and short-term directions for the RTY are up as we actively look for opportunities to buy the market! Right now, the RTY is working through a wide sideways range. If support can hold, the … The post Ready for This Market to Turn Bullish? appeared first on Josh Daily Direction.
Mueller Industries Mueller Industries (MLI) is an industrial manufacturer whose principal business segments include piping systems, climate products and industrial metals. Headquartered in Nashville, Tennessee, Mueller has grown into a global presence and has built a well-earned reputation for providing high-quality products through various operations and brands. Here’s how the chart is setting up: And … The post Watchlist Week of Jan 17th, 2022 appeared first on Stock Surge Daily.
After yesterday’s market holiday, we’re back to trading today with another Watchlist Update. A week ago, I commented that things in this market have been so bad that it’s been difficult to find and bring you my usual three trade ideas. And once again, after a period of heavy selling like we’ve experienced so far … The post Watchlist Update: Promising Stocks in a Weak Market appeared first on Stock Surge Daily.
Good morning, Daily Direction readers! Markets are closed today in observance of the Martin Luther King Jr. holiday. So today I’ll provide you with a crash course in candlesticks and tick values so you can have a better understanding of how I utilize my charts to discover trading opportunities in the futures markets. Traders frequently inquire … The post Why Ticks and Candlesticks Are Important appeared first on Josh Daily Direction.
Good morning, Daily Direction followers! It’s Friday! We’ve had a busy trading week full of exciting movements within the market. Now, we get to take a bit of a break as we close out this week and prepare for the next one. Going through some of the main facts that support my strategy is one … The post Are You Ready to Grow Your Account? appeared first on Josh Daily Direction.
A short time ago, I told you about one of my favorite short targets – the iShares Russell 2000 Growth ETF (IWO). The IWO is a growth-focused exchange-traded fund (ETF) that represents the two areas seeing the most underperformance right now… Small-cap stocks and growth stocks. Then, I added IWO to my Watchlist Update as … The post I’ve Been Warning You for Weeks… appeared first on Stock Surge Daily.
Hello, Daily Direction readers! The Nasdaq 100 E-Mini Futures Market (NQ) has hit its first limit as it continues its upward march in the long-term and short-term directions! Right now, we’re waiting for the market to retrace (temporarily drop in price) before it rallies again. That means we’re still actively looking to buy the NQ with … The post Following a Rally after a Retracement appeared first on Josh Daily Direction.
When looking at the long history of the stock market over the past few decades, it shouldn’t come as a surprise to anyone that there have been many ups and downs over the years. Yet, through all the volatility, some companies have actually been able to ride out the storms and make their way towards … The post What the Best Stocks of the Past 30 Years All Have in Common appeared first on Stock Surge Daily.
Good morning, Daily Direction readers! You’ve made it halfway through the trading week. Congratulations! Today, I want to teach you what indicators and setups I use when preparing my charts. I know it can get a bit confusing when dealing with all the data for trading, so I wanted to pause for one moment and give … The post The Best Way to Build a Better Trading Strategy appeared first on Josh Daily Direction.
Investors hoping for a bit of trading stability on Wall Street in the days to come should expect to be disappointed yet again today as the market continues to chop around with no real direction. As recently as this past Monday, the Nasdaq reached official “correction” territory by falling 10% from its high. For reference, … The post Can Less Risk Lead to More Reward? appeared first on Stock Surge Daily.
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