Stock Market Blog
Daily stock market analysis, trade alerts, and trading education from Ross Givens and the Traders Agency team.
Why the Cup and Handle is One of My Favorite Chart Patterns
It’s been a while since we’ve talked about price patterns… But given that one of this week’s Watchlist stocks is forming a “cup and handle” pattern, I wanted to take some time to review that pattern specifically. The cup and handle, sometimes called a “cup with handle,” is a well known but little understood price … The post Why the Cup and Handle is One of My Favorite Chart Patterns appeared first on Stock Surge Daily.
The Tech Path for Gains Reveals Itself
While the US stock markets are not completely and fully in a bull market, there are trails and paths for profits that I’m discovering right now. All it takes to get past the under and over brush of weeds is to hunker down and stick to my tried and true chart analysis to find these … The post The Tech Path for Gains Reveals Itself appeared first on Josh Daily Direction.
Is Your Exit Strategy Leaving Gains on the Table?
We’ve been on a roll over at my Alpha Stocks research service lately. Even with the action we’ve seen in the markets, we’ve been able to find winning trades. For example, I’ve written about our short trade in Pegasystems Inc. (PEGA) that took place back in May. That stock was stair-stepping its way lower with … The post Is Your Exit Strategy Leaving Gains on the Table? appeared first on Stock Surge Daily.
My Big Idea to Kick Off this Trading Week
Each and every week, I share what I see as one of my top trade ideas for the futures contacts markets. And to invite global comments, I provide the core chart and discussion on my TradingView page right here. Gold continues to provide trading opportunities both for shorter-term trades as well as for longer-term position … The post My Big Idea to Kick Off this Trading Week appeared first on Josh Daily Direction.
Watchlist Week of June 6th, 2022
Howmet Aerospace Inc. Howmet Aerospace Inc. (HWM) is a $15 billion specialty industrial company that engineers metal products for the aerospace and transportation industries across the globe. The company is a major supplier for Boeing (BA). Here’s how the chart is setting up… And here’s how the stock is setting up with my Stock Surge … The post Watchlist Week of June 6th, 2022 appeared first on Stock Surge Daily.
Watchlist Update: Is the Market Low Already In?
The lows that the S&P 500, Nasdaq 100 and Dow Jones all made on May 20 continue to hold. Since then, we’ve seen a valid follow-through day on May 26 and strong action that week. Last week, the indexes were largely unchanged. As I’m writing this on Friday morning, the S&P and Nasdaq are flat … The post Watchlist Update: Is the Market Low Already In? appeared first on Stock Surge Daily.
Checking in on My Tech Trade Idea
As May was wrapping up and June was getting underway, technology stocks provided some great trading opportunities. From May 24 through last Friday, the tech-laden Nasdaq 100 Index futures contract (NQ) has returned over 6.8%, well outpacing the more general stock indexes such as the S&P 500 Index futures contract (ES) for the same time … The post Checking in on My Tech Trade Idea appeared first on Josh Daily Direction.
Finding Bigger Gains from Smaller Stocks
Sometimes, traders can actually find bigger gain opportunities from smaller stocks in the US market. Smaller stocks tend to be focused on US customers and market segments, which insulates them from currencies, including the stronger US dollar, as well as global economic challenges, as the US is currently setting up to be one of the … The post Finding Bigger Gains from Smaller Stocks appeared first on Josh Daily Direction.
How We Booked a 21% Gain in Just Over Two Weeks
On Tuesday, I explained that the energy sector is in the driver’s seat for earnings and revenue growth this year. For the first quarter, the energy sector far surpassed all other sectors in terms of year-over-year earnings growth, coming in at 257.8% year-over-year. It’s the same story for revenue growth as well. With energy prices … The post How We Booked a 21% Gain in Just Over Two Weeks appeared first on Stock Surge Daily.
My Golden Trade Idea is Ready to Hit
Gold got my attention this week as the currency and other markets set up conditions that are more favorable for the shiny yellow metal. Add in the ongoing volatility in the stock markets, and traders have been further getting in line with my reasoning for higher gold prices. I recently presented the trade idea for … The post My Golden Trade Idea is Ready to Hit appeared first on Josh Daily Direction.
S&P Stalls at Resistance, But We’re Still Finding Breakouts
Today, I want to take a look at the S&P 500 to get a better idea of where the index sits following last week’s bounce. I’ll also cover each of the stocks from this week’s Watchlist and let you know how they’ve been shaping up since Monday. First off, the S&P experienced a bounce of … The post S&P Stalls at Resistance, But We’re Still Finding Breakouts appeared first on Stock Surge Daily.
This Week’s Trade Idea for the S&P 500
The stock market was showing some positive signs as the month of May came to a close, including a positive performance for the S&P 500 Index futures contract (ES). Then, as June commenced, the ES set up as a buy trade idea. To kick off the new trading month, I’m sharing my thoughts on the … The post This Week’s Trade Idea for the S&P 500 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.
