Built by Traders, for Traders
Ross Givens
Stock Trader & Educator
Built by Traders, for Traders
Ross Givens
Stock Trader & Educator
As regular readers know, I’m a big fan of the four stages of the stock cycle. This is an idea originally pioneered by legendary trader Richard Wyckoff. The cycle is made up of four distinct stages… Stage 1: Consolidation Stage 2: Accumulation Stage 3: Distribution Stage 4: Capitulation The pattern is clear. It repeats itself …
The post Stage 4 Strikes Again as High-Flyers Plummet appeared first on Stock Surge Daily.
Guys, in the world of Wall Street, trading without stops on your investments is like driving a car without brakes. True, you might survive for a while, but eventually, you’re going to find yourself getting killed! I don’t care how good a setup looks… It may have perfect fundamentals, a great story, pristine technicals… Honestly, …
The post How I’m Learning from the Past appeared first on Stock Surge Daily.
It seems as though the bears got an early start to the holiday season… For the prior abbreviated trading week, the S&P 500 index gained 2.4% to notch new all-time daily and weekly closing highs. And if the index can end this week anywhere above 4,606, it will also set a new all-time monthly closing …
The post Watchlist Update: Finding Pockets of Strength in a Weak Market appeared first on Stock Surge Daily.
Back on Nov. 23, I told you that “one year’s leaders often become next year’s losers.” Well, that was certainly the case from 2020 to 2021… We saw select stocks rip higher following the initial coronavirus panic… And many of them notched triple-digit gains over the course of the year. Investors made a killing owning …
The post Past Leaders Getting Pummeled in a Stock Picker’s Market appeared first on Stock Surge Daily.
I’ve talked before about The 4 Stages of the Stock Cycle… And why you only want to own stocks during Stage 2 – the accumulation stage. If you want to make money in stocks, this is when you need to own them. But just as important as waiting for a confirmed Stage 2 uptrend to …
Continue reading "Why I Don’t Hold Stocks Through This One Stage of the Cycle"
The post Why I Don’t Hold Stocks Through This One Stage of the Cycle 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…
Watchlist Update: These Broken Leaders Have Lots of Room to Fall
Well, it was another brutal week for the stock market. As of Friday morning, the Nasdaq 100 Index was off by 4.6%. And that’s on top of a 5.8% decline the week before. To put this selloff into perspective, here is a heatmap of the last 30 days… There just aren’t many stocks worth buying …
The post Watchlist Update: These Broken Leaders Have Lots of Room to Fall appeared first on Stock Surge Daily.