Built by Traders, for Traders
Ross Givens
Stock Trader & Educator
Built by Traders, for Traders
Ross Givens
Stock Trader & Educator
As regular readers know, higher interest rates are bad for stocks, but excessive inflation is also not good for the economy or the markets.
The post Why Today’s Fed Announcement is So Important appeared first on Stock Surge Daily.
….The markets kicked off the new week yesterday by erasing Friday’s losses. However, the bulls still have a lot of work to do to make up for last week’s bloodbath. In the meantime, I want to talk about a bearish chart pattern that could help you play further downside in the market. We covered the …
With the big selloff last week, the major indexes remain under pressure. In particular, the Nasdaq 100 (NQ) dropped 5.8% last week. The market hit the top of the daily channel and pulled back, and we are now expecting more downside ahead. Read on to see how the market is setting up for the next …
The post Looking for Short Ideas in the NQ appeared first on….
What a week… Just when we thought the craziness had finally come to an end, Tuesday’s CPI numbers showed that inflation was still rising, despite the market’s belief that it had in fact peaked. The result was a bloodbath like we haven’t seen in years. The Nasdaq fell 5.5% in a day. And the Dow …
The post Watchlist Week of September 19th, 2022 appeared first on
What a week… Just when we thought the craziness had finally come to an end, Tuesday’s CPI numbers showed that inflation was still rising, despite the market’s belief that it had peaked. The result was a bloodbath like we haven’t seen in years. The Nasdaq fell 5.5% in a day, and the Dow lost 1,276 …
The post Watchlist Update: Two Stocks for a Crazy Week appeared first….
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…
Small Stocks Back at Known U-Turn Level
Last week, we looked at the Russell 2000 Index (RTY) futures market as it was bumping up against its short term down trend line. Well, the market pulled back and is now at the bottom of its up channel again. From this point, it could go in either direction, but we still want to see …
The post Small Stocks Back at Known U-Turn Level appeared first on….