Stock Market Blog
Daily stock market analysis, trade alerts, and trading education from Ross Givens and the Traders Agency team.
Checking In On The Crude Oil Market
The market for US crude oil futures (CL) has been gyrating quite a bit over the past days and weeks. That makes now a good time to check in on this market and see if we can find a direction. Today, the market is trading off by a good margin… And there could be further … The post Checking In On The Crude Oil Market appeared first on Josh Daily Direction.
Watchlist Update: CPI Drives Stocks Higher… Here’s How to Play It
Stocks advanced for another week, primarily driven by Wednesday’s consumer price index (CPI) report. The CPI rose less than expected, confirming that inflation has peaked and is finally showing signs of cooling. This bullish data sent the S&P 500 up 2.1% for the day on 93% advancing volume. That does not mean this is an … The post Watchlist Update: CPI Drives Stocks Higher… Here’s How to Play It appeared first on Stock Surge Daily.
Where Is BTC Headed Next?
The BTC futures contract (BTC) continues to garner plenty of attention from traders and investors alike. As such, it is ever more important that we continue to monitor the direction and the potential for the BTC index. The monthly chart remains in a long term up trend but is moving from a high price to … The post Where Is BTC Headed Next? appeared first on Josh Daily Direction.
Why We’re Watching the NQ for the Next New Trade Idea
The Nasdaq 100 Index (NQ) is the leading index for bigger tech stocks that we follow very closely. And this week, we are studying the index to try to find the next direction for the market. With NQ at the top of its down channel, it could break into the buy zone and continue further … The post Why We’re Watching the NQ for the Next New Trade Idea appeared first on Josh Daily Direction.
S&P 500 Index Still in the Sell Zone
The S&P 500 Index futures contract (ES) is the big, definitive index that guides trades far and wide. It has been on the ascent recently, especially over the past few days with the better than expected inflation data. But it is still in the sell zone, which we want and need to investigate. So, let’s … The post S&P 500 Index Still in the Sell Zone appeared first on Josh Daily Direction.
Video Update: Breaking Down a Trade Idea in Clearway Energy Stock
Today, I’m bringing you another video update… In today’s nine-minute video, I’ll walk you through my process for analyzing a stock idea, explain how to properly manage trading risk and show you how I would place the trade in my brokerage account. Big Buyers Coming Back We are finally starting to see some signs of … The post Video Update: Breaking Down a Trade Idea in Clearway Energy Stock appeared first on Stock Surge Daily.
Small Caps Back to Buy?
Small cap stocks can be seen as the engine of the economy. They are on the front line of products, production and sales. So, if they are getting positive attention, it is a good sign that the economy may well be setting up for the next gear for growth. The Russell 2000 Index (RTY) is … The post Small Caps Back to Buy? appeared first on Josh Daily Direction.
How We Traded the Breakout in Chinook Therapeutics Stock
In early July, I wrote to you about Chinook Therapeutics, Inc. (KDNY), a strong biotech stock that’s been on our Watchlist a few times. And I mentioned at the time that it had just become an official recommendation in my premium Alpha Stocks trading service. Well, I recommended taking profits on the final piece of … The post How We Traded the Breakout in Chinook Therapeutics Stock appeared first on Stock Surge Daily.
Is It Time to Sell Tech Stocks?
Technology stocks continue to vacillate in the market with lower trading in a down trend. And while on any given day we can get a bounce back up, the chart for the Nasdaq 100 Index (NQ) futures contract is showing lower lows and lower highs. Furthermore, the market is now stalling out at the underside … The post Is It Time to Sell Tech Stocks? appeared first on Josh Daily Direction.
Here’s What Traders Often Misunderstand About the Head & Shoulders Pattern
Today, I want to talk about a popular technical chart pattern that is often misunderstood by amateur and professional traders alike. You’ve heard me talk about “flag” and “cup with handle” patterns before, which are great technical tools for navigating the market. But the pattern that seems to get the most attention when it appears … The post Here’s What Traders Often Misunderstand About the Head & Shoulders Pattern appeared first on Stock Surge Daily.
Smart Traders Go Short for a Big Gain
Beyond the futures markets, I run a series of stock trading services with the help of my team here at Traders Agency. One of the services is called Smart Money Alerts, and it seeks to capitalize on my technical analysis of the stock market as well as individual specific stocks. One of those stocks, Pfizer … The post Smart Traders Go Short for a Big Gain appeared first on Josh Daily Direction.
Watchlist Update: Three Strong Biotech Stocks Ready to Break Out
The major indexes held their ground last week. As of Friday morning, the S&P and Nasdaq were both trading near the same level they closed the week before. Markets avoided any major selling days, and volume is picking up slightly as we approach the end of summer, which has historically seen lighter action. Stocks posted … The post Watchlist Update: Three Strong Biotech Stocks Ready to Break Out appeared first on Stock Surge Daily.
Stop watching.
Start winning.
50,000+ traders get our daily brief before the market opens.
You're subscribed!
Check your inbox.
Free. No spam. Unsubscribe anytime.
