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 …
The post Watchlist Update: Don’t Let Some Selling Surprise You appeared first….
Over 87 years ago, Franklin D. Roosevelt screwed us all. Without knowing it, he built the greatest Ponzi scheme in the history of the world.
The post You Are Investing in a Ponzi Scheme appeared first on Stock Surge Daily.
….Stock markets continue to move between their sell and buy zones, which is creating opportunities for traders. But the mega benchmark S&P 500 Index and its futures contract (ES) is currently at a key level and waiting to either break down into the sell zone or break out into the buy zone. There has been …
The post Benchmark Index Still In a Long-Term Downtrend? appeared first on….
On July 22, I made the call that the market low was in, and I gave you three big reasons to support that claim. If you need a refresher, you can review that article right here. Well, since the close that day, the S&P 500 has jumped as much as 9.2%. The Nasdaq 100 has …
The post The Market’s Next Big Test is Just Around the Corner….
Stocks advanced for another week, primarily driven by Wednesday’s consumer price index (CPI) report. The CPI rose less than expected, confirming that inflation has peaked and is finally showing signs of cooling. This bullish data sent the S&P 500 up 2.1% for the day on 93% advancing volume. That does not mean this is an …
The post Watchlist Update: CPI Drives Stocks Higher… Here’s How to Play….
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…
The S&P 500 (SPX) Standard and Poor’s 500 is a freely weighted portfolio measurement index of 500 of the biggest bond firms in the US. It is one of the most often used stock indexes.
The S&P 500 index is a capitalization-weighted index and 27,5% of the market capitalization of the index is made up of the top ten stocks. Apple Inc., Microsoft, Amazon.com, Facebook, Alphabet Inc. (class A & C), Tesla, Inc., Berkshire Hathaway, JPMorgan Chase & Co., and Johnson & Johnson were among the ten most important firms inside the index in terms of weighting. See S&P 500 firms for a list of components of the index.
Here’s Why BTC Could Drop Another 50%
After last week’s big drop, Bitcoin is up just 22% from its recent low, which doesn’t show much strength by the bulls.
The post Here’s Why BTC Could Drop Another 50% appeared first on Stock Surge Daily.
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