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Stocks saw more selling last week with each of the major indexes making new 52-week lows. As I pointed out in last week’s update, this was largely expected. Institutions were clearly reducing exposure, as evidenced by the increase in volume on the acceleration down. Given the violence of the recent selloff, I believe we are …
The post Watchlist Update: These Stocks Are Crumbling Under their Own Weight appeared first on Stock Surge Daily.
Stocks have been getting slaughtered lately. That’s why we sold everything and went to 100% cash in my premium advisory service, Alpha Stocks, two weeks ago. We got out of the way of the bear market and saved a lot of money in the process. But we can’t sit on the sidelines forever… At some …
The post How to Enter Stocks in Downtrends appeared first on Stock Surge Daily.
Jackson Financial Inc. Jackson Financial Inc. (JXN) is a $3.7 billion financial planning firm showing huge growth in both sales and earnings. Here’s how the chart is setting up… Here’s how the stock is setting up with my Stock Surge Indicator (SSI)… Surge score: 97/100 % Above 52-wk low: 98% Sales growth: +170% Return on …
The post Watchlist Week of May 2nd, 2022 appeared first on Stock Surge Daily.
Many of you have likely heard the old Wall Street adage, “Don’t fight the Fed.” Usually, this phrase is uttered by bullish investors warning their bearish counterparts not to short a rising market being fueled by easy monetary policy. But at this point, with the Federal Reserve seemingly set to defeat rising inflation by any …
The post Watchlist Update: Don’t Fight the Fed appeared first on Stock Surge Daily.
The major indexes came under further pressure last week. While Tuesday brought a nice rally for stocks, Thursday and Friday’s sessions were downright ugly. The S&P 500 fell 1.5% and 1.7% those days, while the Nasdaq 100 dropped 2% and 1.5%, respectively. The Russell 2000 was hit even worse, with declines of 2.3% and 1.8%. …
The post Watchlist Update: Can’t Keep These Strong Stocks Down appeared first on Stock Surge Daily.
Forget the Magnificent 7 – these 3 stocks are poised for HUGE moves in the next leg of the AI boom. Wall Street veteran Ross Givens just revealed the details…
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.