Daily stock market analysis, trade alerts, and trading education from Ross Givens and the Traders Agency team.
Good morning, Daily Direction readers! We’re looking at the Nasdaq 100 E-mini futures market (NQ) in today’s Daily Direction. While the long-term and short-term directions for the market are up, it’s approaching the monthly up Fibonacci extension. Once we hit that price point of 16072.25, we should prepare for a larger than normal bearish push back … The post It’s Time to Prepare for a Market Shift appeared first on Josh Daily Direction.
Paul Tudor Jones is one of the greatest traders who ever lived. In 1987, he predicted the Black Monday crash and tripled his money in a single day – earning an estimated $100 million. His success has continued for more than three decades. Today, the hedge fund titan has a net worth of $5.3 billion. … Continue reading “Why Only Losers Average Down on Losing Trades” The post Why Only Losers Average Down on Losing Trades appeared first on Stock Surge Daily.
Happy Friday, Daily Direction readers! In today’s Daily Direction, we’ll take a look at the E-mini Russell 2000 market (RTY) as the long-term direction pushes upward. While the market has pushed above the daily resistance, we need to make sure it closes above that mark before looking for opportunities to buy the market. That’s is … The post Waiting Is Just Part of the Process appeared first on Josh Daily Direction.
Facebook has had its fair share of problems recently… So, the company is rebranding. Going forward, the company will be known as Meta Platforms, Inc. (FB) – a signal of CEO Mark Zuckerberg’s intention to own and operate the “metaverse.” And starting Dec. 1, the ticker will change from FB to MVRS. Zuckerberg has not … Continue reading “Why Mark Zuckerberg Wants to Own the Metaverse” The post Why Mark Zuckerberg Wants to Own the Metaverse appeared first on Stock Surge Daily.
Oramed Pharmaceuticals Inc. Oramed Pharmaceuticals Inc. (ORMP) is a pharmaceutical company focused on the development of oral drug delivery systems – most notably, insulin capsules for the treatment of type 2 diabetes. This is an exciting development for the medical community and anyone required to inject themselves with insulin. On Friday, the company announced that … Continue reading “Watchlist Week of Nov 1st, 2021” The post Watchlist Week of Nov 1st, 2021 appeared first on Stock Surge Daily.
Good Morning, Traders! As you follow along with my Daily Direction newsletter, you’ll notice some key indicators along the right-hand column. These simple icons are there to give you a quick summary of what our featured futures market is doing for the day. The goal of Daily Direction is to give you the information you … The post It’s Time to Work on Multiplying Your Wealth appeared first on Josh Daily Direction.
While Friday’s session ended relatively flat, last week was another one for the record books. The S&P 500 ended the week higher by 1.3% and set a new all-time high of 4,608.08, while the Nasdaq 100 jumped 3.2% to set its own all-time high of 15,504.12. That’s largely thanks to the strong earnings reports we … Continue reading “The Small-Cap Surge Stocks You Need to Know About” The post The Small-Cap Surge Stocks You Need to Know About appeared first on Stock Surge Daily.
Happy Friday, Daily Direction readers! We’re still following the gold futures market (GC) as both the long-term and short-term directions remain up, though the one-hour is showing signs of dropping below the bottom of the channel. We’ve followed the GC market all week as it gave us a good turnaround after dropping from a high price. Now, … The post How to Spot a Change in a Market’s Direction appeared first on Josh Daily Direction.
Good morning, Traders! It’s Thursday, and that means it’s time for an in-depth look into a critical part of my trading strategy. Today, I’m going to give you a crash course in candlesticks and tick values so you can learn more about how I use my charts to find trading opportunities in the futures markets. I … The post Are You Reading Your Charts Correctly? appeared first on Josh Daily Direction.
By now, you’ve likely seen the news… Former President Donald Trump is jumping into the special purpose acquisition company (SPAC) craze. Trump is planning to take his new social media venture, TRUTH Social, public through a merger agreement between Trump Media & Technology Group (TMTG) and Digital World Acquisition Corp. (DWAC). According to a press … Continue reading “How Donald Trump is Crushing Social Media Stocks” The post How Donald Trump is Crushing Social Media Stocks appeared first on Stock Surge Daily.
I like to “date” stocks. I’m not looking to marry them… Okay, I admit the joke was funnier as a bachelor. A few months ago, I married my wife, Meghann. And I’m very happy about that. But my approach to stocks remains the same… I like to keep things casual. I only want to own … Continue reading “Why I’d Rather Date Stocks Than Marry Them” The post Why I’d Rather Date Stocks Than Marry Them appeared first on Stock Surge Daily.
Happy Wednesday, Daily Direction readers! It’s time to take a look at the gold futures market (GC) again as the short-term direction is now up!. We recently talked about how we were out of the GC thanks to the market hitting our limit. Now, the price has dropped toward the bottom of the channel and is … The post When the Short-Term Direction Shifts Up, Here’s What to Do appeared first on Josh Daily Direction.
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