Stock Market Blog
Daily stock market analysis, trade alerts, and trading education from Ross Givens and the Traders Agency team.
A Big Longer Term Idea for the S&P
There are different views that can be taken on the stock and other markets. On any day, there are intraday and daily trading ideas for short term gains. But there can also be longer-term ideas that may not be ready to trade now but are worth keeping an eye on to see if and how … The post A Big Longer Term Idea for the S&P appeared first on Josh Daily Direction.
What To Look for When the Markets Bottom Out
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 While most stocks … The post What To Look for When the Markets Bottom Out appeared first on Stock Surge Daily.
Gold In The Buy Zone
We’ve been working on the gold market over the past week, including our discussion in yesterday’s edition of this update. We now see that gold is now in the buy zone and providing potential opportunities for trades now for the glittering metal. Today, let’s take at the recent trading pattern setups for gold and how … The post Gold In The Buy Zone appeared first on Josh Daily Direction.
Watchlist Update: No Big Surprises for Stocks
Surprise, surprise… Another down week for stocks. As I pointed out last week, the trend is unquestionably bearish. The markets continue to see sellers in control with high volume on the downside. As I write this update, the S&P 500 is trading within 2% of its 52-week low… Not a good sign for bulls. Inflation … The post Watchlist Update: No Big Surprises for Stocks appeared first on Stock Surge Daily.
Watchlist Week of May 23rd, 2022
SPX Corporation (Short Idea) SPX Corporation (SPXC) is a $2.2 billion infrastructure equipment company for the heating and air industry. Here’s how the chart is setting up… And here’s how the stock is setting up with my Stock Surge Indicator (SSI)… Surge score: 38/100 % Above 52-wk low: 13% Sales growth: +7% Return on Equity: … The post Watchlist Week of May 23rd, 2022 appeared first on Stock Surge Daily.
How We’re Still Finding Opportunities at the Right Levels
The stock market continues to show signs of resilience and optimism. On any given day, the leading indexes will experience buying sending traders into profitable trades, including for the core US benchmark S&P 500 Index. In fact, even this morning, the S&P showed some nice gains for a period of time both in the cash … The post How We’re Still Finding Opportunities at the Right Levels appeared first on Josh Daily Direction.
Is This Small-Cap Energy Stock on the Verge of a Breakout?
Well, that was a doozy… Stocks got clobbered again on Wednesday in one of the worst sessions in recent memory. This is what my index watchlist looked like an hour before the close… The Dow ultimately fell 3.6%, the S&P finished the day lower by 4% and the Nasdaq 100 dropped a whopping 5.1%. That’s … The post Is This Small-Cap Energy Stock on the Verge of a Breakout? appeared first on Stock Surge Daily.
Here’s the Rundown on BTC
The digital currency markets continue to be as volatile as the leading stock market indexes over the past weeks. This is providing challenges for researching and analyzing both direction as well as levels for entry. There are definitely plenty of opportunities for trading digital currencies, especially the leading currency in BTC. In addition, by tracking … The post Here’s the Rundown on BTC appeared first on Josh Daily Direction.
When Shorting Stocks, Be the School Yard Bully
Yesterday, I talked about one particular area of the market where stocks are still getting bought… The shipping sector. So, yes, there are some bullish opportunities out there. But for the most part, I continue to see weakness across the board, and I’m maintaining my bearish stance. There are still a lot more short opportunities … The post When Shorting Stocks, Be the School Yard Bully appeared first on Stock Surge Daily.
Go Small for Bigger Gains
The stock market is having another big risk-off trading day… This follows the prior day’s enthusiasm stemming from the series of excellent economic data and news, particularly for consumer spending and retail sales. But even today, there are trades setting up for stocks that are bargains now with underpinnings of future positive business successes. Specifically, … The post Go Small for Bigger Gains appeared first on Josh Daily Direction.
Even in a Bear Market… These Stocks Are Shipping Strong Gains
I’ve given CNBC’s Jim Cramer a hard time for being more about entertainment than real investing advice. After all, the Mad Money host doesn’t have the best track record when it comes to big calls, as I detailed in a recent article. But there is one thing Cramer is right about… There is always a … The post Even in a Bear Market… These Stocks Are Shipping Strong Gains appeared first on Stock Surge Daily.
Let’s Go For the Gold
The stock market has experienced plenty of downs lately with a few ups along the way, such as for this morning. But with plenty of concerns held by stock traders right now, looking at alternative assets for trading gain opportunities just makes a lot more sense right now. Gold is one of those alternative assets … The post Let’s Go For the Gold 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.
