Built by Traders, for Traders
Ross Givens
Stock Trader & Educator
Built by Traders, for Traders
Ross Givens
Stock Trader & Educator
Stocks began to stall last week with somewhat choppy action in the major indexes. This is not a surprise. I pointed out last week that the S&P 500, represented by the SPDR S&P 500 ETF Trust (SPY) below, is right at the 200-day moving average. This is an area where we could easily see a …
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The major indexes held their ground last week. As of Friday morning, the S&P and Nasdaq were both trading near the same level they closed the week before. Markets avoided any major selling days, and volume is picking up slightly as we approach the end of summer, which has historically seen lighter action. Stocks posted …
The post Watchlist Update: Three Strong Biotech Stocks Ready to Break Out….
The stock market continued to power higher last week. We saw back-to-back, high-volume advances on Wednesday and Thursday, which is a good sign that investors are starting to pile back into stocks. On Wednesday, the Federal Reserve raised the target range for the fed funds rate by another 0.75%. The fact that stocks were able …
The post Watchlist Update: The Start of a New Bull Market? appeared….
The S&P experienced a decent bounce of 2.6% last week. And since the recent bottom on June 17, the index has rallied as much as 10.3%. However, with the pullback we’ve seen over the past couple of sessions, the index is currently just 7.8% off its low. Some of that pullback may be in anticipation …
Enphase Energy, Inc. (Long Idea) I have been talking about the strength in solar stocks for several weeks now, and Enphase Energy, Inc. (ENPH) is one of my favorites. Surge score: 98/100 % Above 52-wk low: 93% Sales growth: +46% Return on Equity: 74% Triple momentum: yes The stock is completing a textbook breakout pattern, …
The post Watchlist Week of July 25th, 2022 appeared first on
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: Here’s What Gives Me Hope for Higher Prices
Editor’s Note: All major U.S. stock markets are closed today, Sept. 5, in observance of Labor Day. As I write this update on Friday afternoon, the S&P 500 is down just over 2% on the week. Stocks sold off hard last Friday and then continued that trend during the first three days of this week. …
The post Watchlist Update: Here’s What Gives Me Hope for Higher Prices….