Stock Market Blog
Daily stock market analysis, trade alerts, and trading education from Ross Givens and the Traders Agency team.
Good Trading Habits Make a Big Difference
Good morning, Daily Direction readers! I like to use Daily Direction to show you real-world instances of how my technique may help you establish good trading habits. But that doesn’t mean you’ll win every trade! That’s not going to work. Any guru who claims to be able to promise a 100% winning record is selling you snake … The post Good Trading Habits Make a Big Difference appeared first on Josh Daily Direction.
Watchlist Week of Dec 21st, 2021
JB Hunt Transport Services JB Hunt Transport Services (JBHT) is a $21 billion logistics services company focused on trucks and transporting stuff via those trucks. And as you know, moving stuff via trucks is a major market in high demand right now. Here’s how the chart is setting up: And here’s how the stock is … The post Watchlist Week of Dec 21st, 2021 appeared first on Stock Surge Daily.
Watchlist Update: Is This the Start of a Real Market Downturn?
Is this the start of a real market downturn? Maybe it is… Maybe it’s not. As I’ve noted recently, the market has been extremely weak under the surface for months now… And it’s certainly possible that the indexes and big name technology stocks could finally succumb to that and head lower. We’re not seeing that … The post Watchlist Update: Is This the Start of a Real Market Downturn? appeared first on Stock Surge Daily.
How to Keep Your Timeframe Charts Simple
Good Morning, Daily Direction readers! If you’ve been following my trades, you’ll know that I rely heavily on timeframe charts while making futures trading judgments. Today, I want to teach you what indicators and setups I use when preparing my charts. I recognize that dealing with all of the data for trading might be difficult, but properly … The post How to Keep Your Timeframe Charts Simple appeared first on Josh Daily Direction.
How to Scan for Stage 2 Stocks
I’ve talked a lot about the four stages of the stock cycle, an idea originally pioneered by legendary trader Richard Wyckoff. The cycle is made up of four distinct stages that have been repeating themselves for more than 100 years. Stage 1: Consolidation Stage 2: Accumulation Stage 3: Distribution Stage 4: Capitulation I’ve also continued … The post How to Scan for Stage 2 Stocks appeared first on Stock Surge Daily.
Are You Ready for This Change in the CL?
Hello, Daily Direction readers! Today we’re taking a look at light crude oil futures (CL) as it finally enters the buy zone. Thanks to our patience, we can now look for opportunities to buy the CL market as it breaks into the buy zone and heads toward a new high price. Also worth mentioning is … The post Are You Ready for This Change in the CL? appeared first on Josh Daily Direction.
Here’s What You Need to Know About Trading Options
People love to brag about their option trades. After all, it can be a pretty easy thing to brag about. With the right option, one can achieve triple- or quadruple-digit gains with only a 5%-10% move in the underlying stock. And it’s not terribly difficult. My option trades have netted wins as high as 1,091%. … The post Here’s What You Need to Know About Trading Options appeared first on Stock Surge Daily.
Why These Fundamentals Can’t Be Ignored
Hello, Daily Direction readers! It’s Wednesday, which means it’s time to discuss some of the basic features of trading. I’m going to concentrate on the fundamentals of futures contracts and how to trade them today. Trading has the potential to be a rewarding career. Every day, traders and brokers transfer millions of dollars in liquidity. … The post Why These Fundamentals Can’t Be Ignored appeared first on Josh Daily Direction.
Past Leaders Getting Pummeled in a Stock Picker’s Market
Back on Nov. 23, I told you that “one year’s leaders often become next year’s losers.” Well, that was certainly the case from 2020 to 2021… We saw select stocks rip higher following the initial coronavirus panic… And many of them notched triple-digit gains over the course of the year. Investors made a killing owning … The post Past Leaders Getting Pummeled in a Stock Picker’s Market appeared first on Stock Surge Daily.
Waiting for a Trade Is the Hardest Part
Good morning, Daily Direction readers! It’s been an interesting couple of weeks. We’re still not trading Nasdaq 100 E-mini futures as we wait for the market to get to a new low price and turn bullish again. I know that waiting for a market to get back into a buyable position is annoying. But this is … The post Waiting for a Trade Is the Hardest Part appeared first on Josh Daily Direction.
Why Big Bases Lead to Big Breakouts
Some investors call it a “consolidation area.” Others call it a “trading range.” But William O’Neil, investment pioneer and founder of Investor’s Business Daily, called it a “base.” You’ll probably hear me use that term more often than not, but these terms are largely interchangeable. Whatever you call it, these terms all refer to a … The post Why Big Bases Lead to Big Breakouts appeared first on Stock Surge Daily.
How You Can Utilize These Key Indicators
Good Morning, Daily Direction traders! You’ll see several crucial indicators down the right-hand column if you’re following along with my Daily Direction email. 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 … The post How You Can Utilize These Key Indicators appeared first on Josh Daily Direction.
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.
