Daily stock market analysis, trade alerts, and trading education from Ross Givens and the Traders Agency team.
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.
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.
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.
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.
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.
What’s the key to my success as a trader? Precision. I’m talking about knowing exactly when to buy for the highest chance of success with the least possible risk. But in order to achieve success in the market, you need to master more than the buying side of the equation. You also need to know … The post Here’s the Key to Knowing When to Sell Early appeared first on Stock Surge Daily.
Good morning, Daily Direction readers! It’s time to start another week of trading. Today, I’ll provide you with a crash course in candlesticks and tick values so you can have a better understanding of how I utilize my charts to discover trading opportunities in the futures markets. Traders frequently inquire about the functionality of my timeframe charts. They … The post Ready to Start a New Week of Trading? appeared first on Josh Daily Direction.
Lightwave Logic, Inc. Lightwave Logic, Inc. (LWLG) is a $1.4 billion company in the business of developing and selling proprietary electro-optic polymers that allow for higher speeds and better efficiency in transmitting data. Here’s how the chart is setting up: And here’s how the stock is setting up with my SSI: Surge score: 86/100 % … The post Watchlist Week of Nov 15th, 2021 appeared first on Stock Surge Daily.
The S&P 500 had its first down week after a solid five-week advance, although it wasn’t much to write home about. At this week’s low, the index wasn’t even down 2% from its all-time high. And Friday’s 0.7% rebound brought the weekly loss back to only 0.3%. The losses were a bit heavier for the … The post Watchlist Update: Three Clean Set Ups for a Calm Market appeared first on Stock Surge Daily.
Happy Friday, Daily Direction readers! Gold futures (GC) are about to hit our price limit! That means we should expect a sell-off once the market hits 1871.6. While we’re still actively buying the market, we’ll take a step back once the limit is reached. We’re oh so close to that limit, meaning the short-term direction is … The post We’re Close to Hitting Our Limit on This One appeared first on Josh Daily Direction.
As I reminded you yesterday, I’m a big chart guy. I told you about a few easy ways to use volume as part of your technical trading strategy, and we reviewed a few examples of past Watchlist ideas that involved specific volume patterns. We looked at Entravision Communications Corporation (EVC) and Houghton Mifflin Harcourt Company … Continue reading “Looking Under the Hood for Signs of Trouble” The post Looking Under the Hood for Signs of Trouble appeared first on Stock Surge Daily.
Good Morning, Traders! You’ll see several crucial indicators down the right-hand column if you’re following along with my Daily Direction newsletter. 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 make winning … The post These Simple Icons Are Critical to Your Setup appeared first on Josh Daily Direction.
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