Daily stock market analysis, trade alerts, and trading education from Ross Givens and the Traders Agency team.
Hello, Daily Direction readers! We’ve followed the Nasdaq 100 E-mini futures market (NQ) for some time now, waiting for it to turn bullish again. Based on the current timeframe analysis, the long-term and short-term directions are both up right now. The market reached the bottom of the channel and is bouncing off of support. This is where … The post Looking for a Shift in the NQ appeared first on Josh Daily Direction.
When playing the markets, we have to know when to bet against a stock just as well as when to bet on one… The practice of betting against a stock is known as “shorting” a stock. When you short a stock, you are betting against the company’s success. And doing so can be extremely rewarding … The post Why You Should Flip the Chart Over Before You Short appeared first on Stock Surge Daily.
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 10th, 2022 appeared first on Stock Surge Daily.
Guys, last week’s market bloodbath wiped out a lot of good setups… To be honest, it’s been so bad, I had a hard time even finding my usual three trade ideas this week. After a period of heavy selling like we’ve experienced so far in the early days of 2022, it can take a few … The post Watchlist Update: Working Our Way Out of Last Week’s Bloodbath appeared first on Stock Surge Daily.
Hello, Daily Direction readers! We’ve made it to Friday, which means it’s time to wrap up another trading week, relax over the weekend, and get ready to start all over again on Monday! Going through some of the main facts that support my strategy is one of the greatest ways to prepare for the trading … The post Getting Ready to Close Out a Week of Trading appeared first on Josh Daily Direction.
Breakout trades are having a tough time finding traction right now. As I said in the Dec. 20 Watchlist Update, instead of seeing the kinds of follow-through moves we would normally expect, breakout stocks are getting sold off before they’re able to gain any real traction. The stocks are sound, and the setups look good. … The post Why Most Long Trades Just Aren’t Working appeared first on Stock Surge Daily.
Well, yesterday was yet another down day for stocks as markets continue to struggle to get out of this current rut they find themselves in. Now, I write that sentence with the full understanding of just how far the markets have actually come over the past year. Yet, despite the great progress made when looking … The post Here’s What to Look for Before You Go Short appeared first on Stock Surge Daily.
Happy Wednesday, Daily Direction readers! We’ve made it through the first half of another trading week! Hopefully you’ve been following my trades and utilizing my knowledge to work toward your own futures trading career. And since today is Wednesday, it’s time to take a look at a fundamental aspect of my system! One of the first steps … The post Why You Shouldn’t Ignore This Simple Step appeared first on Josh Daily Direction.
In the investing field, choosing between trading stocks or options is very similar to choosing between a red or white wine… Both have their benefits, but each person who chooses to partake has their own opinion as to which they prefer. Personally, I prefer trading stocks. That’s just how I’m built. But I am also … The post An Options Trade that Caught My Eye… appeared first on Stock Surge Daily.
Hello, Daily Direction readers! We’ve kicked off a new year and a new week of trading futures contracts! Today, we’re looking at the E-mini Russell 2000 (RTY) as we’re actively searching for opportunities to buy the market. Both the long-term and short-term directions for the RTY are up. The market is currently in an up trend as it … The post This Is Why Timeframe Charts Are So Important appeared first on Josh Daily Direction.
Folks, I’m going to tell you a secret today that I’ve come to realize during my years playing the markets – Wall Street is an illusion. I know many of you are thinking, “Wait, Ross, what are you telling me?!” Just hear me out… Many traders often look to the Wall Street elite as the … The post Why I’m So Confident We Can Beat the Pros appeared first on Stock Surge Daily.
US markets ended the year on a high note, to be sure. The benchmark S&P 500 index broke above the 4,800 level last week for the first time ever. It’s now approaching a 30% gain for the year. And it’s a similar figure for the Nasdaq 100. But zooming out to a wider range of … The post Watchlist Update: Head Into 2022 with These Surge Stocks appeared first on Stock Surge Daily.
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