Stock Market Blog
Daily stock market analysis, trade alerts, and trading education from Ross Givens and the Traders Agency team.
How to Trade a Double Breakout in a Pre-Earnings Stock
Yesterday, I took a small position in Lithium Americas Corp. (LAC) stock. This is a young, $3.7 billion mining company headquartered out of Vancouver, Canada. However, the company operates mainly in the United States and is currently trying to develop two major lithium mining projects. The first is the Cauchari-Olaroz project in Argentina, and the … The post How to Trade a Double Breakout in a Pre-Earnings Stock appeared first on Stock Surge Daily.
Don’t Let Risk Push You Out of the Market
Good morning, Daily Direction readers! A lot is going on with the Nasdaq 100 E-mini futures market (NQ). And while the current timeframe analysis looks confusing, I’m here to explain the current setup. The overall long-term direction for the NQ is bullish. But while that’s true, we could see the market fall before it rallies again. It’s … The post Don’t Let Risk Push You Out of the Market appeared first on Josh Daily Direction.
This is What Actually Moves the Stock Market
Check out the quote below from one of the world’s most popular market pundits… “Many people get confused. They think we are trading the actual companies themselves, that the pieces of paper we are trading, investing, owning, are some sort of redemptive right – a coupon that will give you certain cents off, or an … The post This is What Actually Moves the Stock Market appeared first on Stock Surge Daily.
Waiting for the Short-Term Direction
Good morning, Daily Direction readers! We’re keeping a close eye on the markets right now, as volatility has increased across the board. But it doesn’t mean the futures market isn’t full of opportunities. I’m now analyzing light crude oil futures (CL). While the long-term trend is upward, the short-term trend may be in the direction of a … The post Waiting for the Short-Term Direction appeared first on Josh Daily Direction.
Watchlist Week of Feb 7th, 2022
Weatherford International plc First up is Weatherford International plc (WFRD), a $2.3 billion oilfield services company operating out of Houston, Texas. This company provides the equipment and services that oil exploration and production companies need for their drilling and other operations. Here’s how the chart is setting up… And here’s how the stock is setting … The post Watchlist Week of Feb 7th, 2022 appeared first on Stock Surge Daily.
Watchlist Update: Turning to Energy and Bank Stocks In Search of Solid Setups
Although the major indexes made little progress last week, volatility is subsiding. And we are beginning to see some stocks find traction in their breakouts. Several names (primarily oil and gas stocks) made healthy moves higher from constructive setups. For example, Continental Resources, Inc. (CLR), which was on last week’s Watchlist, broke out last Friday … The post Watchlist Update: Turning to Energy and Bank Stocks In Search of Solid Setups appeared first on Stock Surge Daily.
The Easiest Way to Manage Risk
Hello, Daily Direction readers! We’ve reached Friday, which means it’s time to wrap up another trading week, unwind over the weekend, and prepare to start all over again on Monday! One of the best ways to prepare for the trading week is to go over some of the key facts that support my methodology. The … The post The Easiest Way to Manage Risk appeared first on Josh Daily Direction.
How the Meta Miss Started a Cascade of Social Selloffs
Stocks are generally organized by sector. For example, the S&P 500 is typically broken down into 11 different sectors. These include, information technology, health care, financials, industrials and several others. From there, stocks are organized further by subsector. The information technology sector, for example, is broken down into software, consumer electronics, semiconductors and so on. … The post How the Meta Miss Started a Cascade of Social Selloffs appeared first on Stock Surge Daily.
Has the Roller Coaster Market Thrown You for a Loop?
Hello, Daily Direction readers! The market has thrown us a few curveballs over the last few weeks. It’s been one crazy roller coaster ride after another. But that doesn’t mean we’re out of options in our trading setup! We always look for opportunities no matter how weird the market gets. Today, we’re looking at the E-Mini Russell … The post Has the Roller Coaster Market Thrown You for a Loop? appeared first on Josh Daily Direction.
This Currency is King in the Digital World
Think these last few months have been rough for stock traders? The digital currency traders have had it much worse. BTC was cut in half and still trades 46% off of its November highs. Ethereum fell 55%. And the once-popular Dogecoin is currently down 81% from its peak. These digital currencies are insanely volatile. In … The post This Currency is King in the Digital World appeared first on Stock Surge Daily.
How to Understand the Futures Marketplace
Hello, Daily Direction readers! We’ve reached the middle of the trading week! It’s time to step back, look at where we’ve been and where we’re going over the next couple of days. To do that, we need to discuss some of the fundamentals of the futures market. Futures are just that: contracts for buying and … The post How to Understand the Futures Marketplace appeared first on Josh Daily Direction.
The Metaverse is Taking Over the Real World… Here’s How to Profit
Our transition from a primarily physical world to a predominantly digital one is well underway. To me, this is the definition of the metaverse. It’s not artificial intelligence (AI) or augmented reality (AR) or a single video game. The metaverse is a global shift to online existence. Working, shopping, consuming media – all of it … The post The Metaverse is Taking Over the Real World… Here’s How to Profit appeared first on Stock Surge Daily.
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