Daily stock market analysis, trade alerts, and trading education from Ross Givens and the Traders Agency team.
Good morning, Daily Direction readers! It’s time to start another week of trading. 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 about the functionality of my timeframe charts. They … The post Ready to Start a New Week of Trading? appeared first on Josh Daily Direction.
Lightwave Logic, Inc. Lightwave Logic, Inc. (LWLG) is a $1.4 billion company in the business of developing and selling proprietary electro-optic polymers that allow for higher speeds and better efficiency in transmitting data. Here’s how the chart is setting up: And here’s how the stock is setting up with my SSI: Surge score: 86/100 % … The post Watchlist Week of Nov 15th, 2021 appeared first on Stock Surge Daily.
The S&P 500 had its first down week after a solid five-week advance, although it wasn’t much to write home about. At this week’s low, the index wasn’t even down 2% from its all-time high. And Friday’s 0.7% rebound brought the weekly loss back to only 0.3%. The losses were a bit heavier for the … The post Watchlist Update: Three Clean Set Ups for a Calm Market appeared first on Stock Surge Daily.
Happy Friday, Daily Direction readers! Gold futures (GC) are about to hit our price limit! That means we should expect a sell-off once the market hits 1871.6. While we’re still actively buying the market, we’ll take a step back once the limit is reached. We’re oh so close to that limit, meaning the short-term direction is … The post We’re Close to Hitting Our Limit on This One appeared first on Josh Daily Direction.
As I reminded you yesterday, I’m a big chart guy. I told you about a few easy ways to use volume as part of your technical trading strategy, and we reviewed a few examples of past Watchlist ideas that involved specific volume patterns. We looked at Entravision Communications Corporation (EVC) and Houghton Mifflin Harcourt Company … Continue reading “Looking Under the Hood for Signs of Trouble” The post Looking Under the Hood for Signs of Trouble appeared first on Stock Surge Daily.
Good Morning, Traders! You’ll see several crucial indicators down the right-hand column if you’re following along with my Daily Direction newsletter. These simple symbols provide a brief overview of how our highlighted futures market is performing for the day. The goal of Daily Direction is to give you the information you need to make winning … The post These Simple Icons Are Critical to Your Setup appeared first on Josh Daily Direction.
Trading the markets is never easy. “Mr. Market” is out to fool as many investors as possible on a daily basis… Especially traders who are new to the game and aren’t quite sure what to watch out for. This is why having a trading plan is absolutely crucial to your long-term success. Personally, I look … Continue reading “How to Use Volume as Part of Your Stock Strategy” The post How to Use Volume as Part of Your Stock Strategy appeared first on Stock Surge Daily.
Good morning, Daily Direction readers! We’re currently out of the Nasdaq 100 E-mini futures market (NQ), as it remains above our limit price. The market hit the very top of the channel, fulfilling the Fibonacci extension. That means the market is too high to buy right now. While the long-term direction is up, the short-term direction is … The post Waiting for the Next Bullish Push appeared first on Josh Daily Direction.
Last Thursday, I told you about Oramed Pharmaceuticals Inc. (ORMP)… This Watchlist stock was up nearly 30% in only three days from our entry trigger. But that’s not the only Stock Surge Daily idea that has worked lately. In fact, two stocks from this week’s Watchlist are already up nicely. Shares of TechTarget, Inc. (TTGT), … Continue reading “When Having a Good Plan Pays Off” The post When Having a Good Plan Pays Off appeared first on Stock Surge Daily.
Good morning, Daily Direction readers! Our focus is on gold futures (GC) again as the market is poised to make a major movement at any time! Both the long-term and short-term directions for the GC are bullish. We’re actively looking for opportunities to buy the GC market right now. To get more info on my trading … The post Golden Gains Are Ready for the Taking appeared first on Josh Daily Direction.
I’ve talked before about The 4 Stages of the Stock Cycle… And why you only want to own stocks during Stage 2 – the accumulation stage. If you want to make money in stocks, this is when you need to own them. But just as important as waiting for a confirmed Stage 2 uptrend to … Continue reading “Why I Don’t Hold Stocks Through This One Stage of the Cycle” The post Why I Don’t Hold Stocks Through This One Stage of the Cycle appeared first on Stock Surge Daily.
It’s Monday, Daily Direction readers! That means it’s time to begin another week of futures trading. Going through some of the critical elements that support my plan is one of the best ways to prepare for the trading week. The risk associated with trading is one of the most prevalent concerns I hear from my students. … The post Don’t Allow Risk to Spoil Your Dreams appeared first on Josh Daily Direction.
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