Built by Traders, for Traders
Ross Givens
Stock Trader & Educator
Built by Traders, for Traders
Ross Givens
Stock Trader & Educator
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 …
Trading the markets is never easy. “Mr. Market” is out to fool as many investors as possible on a daily basis… Especially traders who are new to the game and aren’t quite sure what to watch out for. This is why having a trading plan is absolutely crucial to your long-term success. Personally, I look …
Market bulls continued to stampede the bearish camp this week as the S&P 500 index notched a huge gain of 2.2% — its largest weekly run since June. The buying has been relentless for the general stock market over the last five weeks, with the gains only accelerating to the upside. This week’s action brings …
In Thursday’s issue of Stock Surge Daily, we talked a bit about the CBOE Volatility Index (VIX). The VIX is known as the market’s “fear gauge.” Without getting into the details of how it is calculated, what you need to know is that the VIX essentially tells you how fearful traders are about a drop …
What to Watch This Week On the other hand, the International Monetary Fund cut its 2021 forecast for US gross domestic product (GDP) this week to 6% from 7% due to supply chain disruptions. While that is still a very high reading, the pace of growth is clearly slowing as the US works its way …
Continue reading “Watchlist week of Oct 18th”
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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…
Watchlist Update: Three Stocks Set Up for Breakouts in a Weak Market
The bears are always worried about something it seems… First, it was inflation and rising interest rates. Then, it was earnings season. And to end the Thanksgiving holiday week, there was a new boogie man on Wall Street… A new variant of the coronavirus spooked traders who sent the S&P 500 index down 2.3% on …
The post Watchlist Update: Three Stocks Set Up for Breakouts in….