Stock Market Blog
Daily stock market analysis, trade alerts, and trading education from Ross Givens and the Traders Agency team.
Are You Ready for the Gold Rush?
Happy Tuesday, Daily Direction readers! We’re still keeping a close eye on gold futures. The market has retraced back toward the bottom of the channel. We’re now waiting for a U-turn toward a bullish push. Once that happens, we’ll look for opportunities to buy the market! Until we see that counter trendline break and bullish push, … The post Are You Ready for the Gold Rush? appeared first on Josh Daily Direction.
Leaders Become Losers
Market leaders… that’s where the money is made. I want to own the best stocks in the strongest sectors as soon as they break out. But leaders are not leaders forever. In fact, one year’s leaders often become next year’s losers. Take a look… Many of the stocks on this list were 2020’s top performers. … The post Leaders Become Losers appeared first on Stock Surge Daily.
This Is the First Step in Becoming a Knowledgeable Trader
Good morning, Traders! It’s Monday, and that means another week of trading. Things will be a little different over the next few days as we approach the start of the holiday season. So now’s a good time to sit down and go over some of the fundamentals of the market! Trading has the potential to … The post This Is the First Step in Becoming a Knowledgeable Trader appeared first on Josh Daily Direction.
Watchlist Week of Nov 22nd, 2021
Louisiana-Pacific (LPX) Louisiana-Pacific (LPX) is the Nashville, Tennessee-based company focused on homebuilding supplies and components. Home building continues to remain heavy in demand around the US and this continues to drive this company’s sales and earnings ever higher. And here’s how the stock sets up: • Surge score: 91/100 • % Above 52-wk low: 106% … The post Watchlist Week of Nov 22nd, 2021 appeared first on Stock Surge Daily.
The Watch List Stocks to Buy Now for this Week
This week, I’ve tried to focus on buyable stocks – those that have recently triggered and can be bought at current prices. Hopefully this helps some of the confusion around when and if one can buy the stocks on this list. The key is that each of these stocks are good to buy now – … The post The Watch List Stocks to Buy Now for this Week appeared first on Stock Surge Daily.
These Are the Right Tools for Charting Your Trades
Good Morning, Traders! You’ve made it to another Friday. Congratulations! Today, I want to teach you what indicators and setups I use when preparing my charts. I know it can get a bit confusing when dealing with all the data for trading, so I wanted to pause for one moment and give you some solid info … The post These Are the Right Tools for Charting Your Trades appeared first on Josh Daily Direction.
Accelerating Earnings Show How This Stock’s Run is Just Getting Started
Public companies are required to report their earnings numbers on a quarterly basis. And the companies reporting bigger sales and bigger earnings tend to outperform the market. They are the best of the best. Consumers like their products and services, and they are buying more of them. This causes these companies to grow, which allows … The post Accelerating Earnings Show How This Stock’s Run is Just Getting Started appeared first on Stock Surge Daily.
What to Do With the NQ Right Now
Good Thursday morning, Daily Direction readers! Today we’re looking at the Nasdaq 100 E-mini futures market (NQ). Right now, we’re currently out of the market. The NQ hit our price limit of 16072.25, meaning the current short-term direction is down as we wait for a lower price. But we won’t step away from the NQ for … The post What to Do With the NQ Right Now appeared first on Josh Daily Direction.
What Investors Can Learn From Kobe Bryant
Kobe Bryant was one of the greatest professional basketball players of all time. He scored 33,643 points during his 20-year career playing for the Los Angeles Lakers… He had 7,047 rebounds and 6,306 assists over that time… And he won five NBA championships. Of course, he was paid handsomely for his incredible talents and notched … The post What Investors Can Learn From Kobe Bryant appeared first on Stock Surge Daily.
These Are the Important Questions You Should Be Asking
Happy Wednesday, Daily Direction readers! It’s officially mid-week, so that means it’s time to focus on an important aspect of my trading strategy that will help you become a better futures trader. When I teach, one of the most repeated questions I hear from students is, “how do I find the best futures broker?” First, the … The post These Are the Important Questions You Should Be Asking appeared first on Josh Daily Direction.
Why 2021’s Hottest IPO Proves that Value Investing is Dead
Electric automaker Rivian (RIVN) went public last week in one of the most anticipated initial public offerings (IPOs) of 2021. The company issued the shares at $78 apiece. On the first day of trading, the stock opened up 36%. And as of Tuesday morning, the stock had already doubled. That gave the EV-maker a market … The post Why 2021’s Hottest IPO Proves that Value Investing is Dead appeared first on Stock Surge Daily.
Here’s Another Look at Gold Futures
Happy Tuesday, Daily Direction readers! We’re still keeping a close eye on gold futures. Our price limit for the GC is about to be breached. Once the market reaches 1871.6, we should expect a sell-off. We’ll take a step back once the limit is met, though the sell-off should be temporary. We’re getting close to that … The post Here’s Another Look at Gold Futures appeared first on Josh Daily Direction.
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