Stock Market Blog
Daily stock market analysis, trade alerts, and trading education from Ross Givens and the Traders Agency team.
Small Stocks in the Sell Zone
Small stocks are a great source of potential upside. They tend to be focused on the domestic economy and separate from the woes of the global economy. The Russell 2000 Index futures contract (RTY) is made up of these small-cap stocks. But it is now moving downward from the top of its channel, reversing the … The post Small Stocks in the Sell Zone appeared first on Josh Daily Direction.
What the Market’s Second-Worst Start to a Year Tells Me Today
As I was browsing through Twitter the other day, I came across an interesting statistic. According to one popular analyst, Charlie Bilello, historical returns show that this is the second-worst start to a year for the S&P 500 index. The only other time the S&P dropped more during the first 116 trading days of the … The post What the Market’s Second-Worst Start to a Year Tells Me Today appeared first on Stock Surge Daily.
Are the Bulls Coming Back to Technology Stocks?
Technology is historically one of the leaders in the market and one to keep an eye on for both market-leading trades as well as just confirming long trades in general. The Nasdaq 100 Index (NQ) is made up of large-cap technology stocks. As it moves, it can work to drive the whole market. And right … The post Are the Bulls Coming Back to Technology Stocks? appeared first on Josh Daily Direction.
10 Stocks That Have Gone Nowhere for the Last Two Years
During the depths of the pandemic, the Federal Reserve cut interest rates to zero to help save the economy. The market went into a buying frenzy, and many stocks doubled, tripled or more from the 2020 bottom to the recent highs. Two years later, the Fed is ramping up interest rates and will possibly send … The post 10 Stocks That Have Gone Nowhere for the Last Two Years appeared first on Stock Surge Daily.
Where We’re Seeing Potential in the ES
After a tough trading week for the big benchmark S&P 500 futures contract (ES), we’re seeing potential in the monthly chart patterns for a bullish move. Not all is in the clear, as the daily chart still shows some challenges that have to be overcome. But that’s why we continue to follow and research the … The post Where We’re Seeing Potential in the ES appeared first on Josh Daily Direction.
How to Make More and Risk Less with Stock Options
Stock options are often said to be too risky or complicated for individual investors like us. But I’m here to tell you that, in my view, that’s simply not the case. In fact, in a market like this, stock options have a lot of advantages over regular stock trading. Now, we’ll get into some more … The post How to Make More and Risk Less with Stock Options appeared first on Stock Surge Daily.
Is There More Upside to Crude Oil?
No resource is greater in need and shorter in supply than crude oil. And with the stock market still challenged, crude oil is also gaining trader appeal right now as a viable hedge. But the key to profitable trades is to be in at the right entry level as well as being ready to exit … The post Is There More Upside to Crude Oil? appeared first on Josh Daily Direction.
Watchlist Update: Weak Stocks Can Always Become Weaker
The selling continues… Last week, I shared why I was bearish on the market and expected stocks to continue lower. Unsurprisingly, that is exactly what happened. The Nasdaq and S&P 500 each fell roughly 6%. And BTC dropped another 22% last week! If you’re new to trading and haven’t experienced one yet, this is what … The post Watchlist Update: Weak Stocks Can Always Become Weaker appeared first on Stock Surge Daily.
Watchlist Week of June 20th, 2022
The Boeing Company (Short Idea) The Boeing Company (BA) has been trending lower since last March – 10 months before the bear market even started. 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: 24/100 % Above 52-wk low: 18% Sales … The post Watchlist Week of June 20th, 2022 appeared first on Stock Surge Daily.
Nothing Crude About Big Oil Gains
With the stock market still challenged and other financial assets having their own ups and downs, crude oil is gaining trader appeal right now as a viable hedge. Oil continues to provide periodic gains both this year and last and potentially in the weeks and months to follow. But the key to profitable trades is … The post Nothing Crude About Big Oil Gains appeared first on Josh Daily Direction.
How a False S&P 500 Breakout Turned into a Real Breakdown
In late May, I gave you several key support and resistance levels for the S&P 500 index that I continue to have my eyes on. At the time, the index was trading in a sideways consolidation channel around the 3,975 level. And I explained that when that range was broken, there would be either a … The post How a False S&P 500 Breakout Turned into a Real Breakdown appeared first on Stock Surge Daily.
Is Gold Glittering or Tarnished?
With the stock market still challenged and other financial assets having their own ups and downs, gold is gaining trader appeal right now as a viable hedge. Gold continues to provide periodic gains both this year and last, and it is the subject of this week’s idea, which I’ve just published to my TradingView page. … The post Is Gold Glittering or Tarnished? appeared first on Josh Daily Direction.
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