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Ross Givens
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The S&P 500, Nasdaq and Russell 2000 indexes all made new lows last week. And Friday was the 22nd consecutive day with more new lows made on the Nasdaq Composite than new highs. It is clear that sellers remain in control, and we may very well see stocks continue to sell off. Many of the …
The post Watchlist Update: Shorting Weak Stocks in a Weaker Market….
Jackson Financial Inc. Jackson Financial Inc. (JXN) is a $3.7 billion financial planning firm showing huge growth in both sales and earnings. Here’s how the chart is setting up… Here’s how the stock is setting up with my Stock Surge Indicator (SSI)… Surge score: 97/100 % Above 52-wk low: 98% Sales growth: +170% Return on …
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Many of you have likely heard the old Wall Street adage, “Don’t fight the Fed.” Usually, this phrase is uttered by bullish investors warning their bearish counterparts not to short a rising market being fueled by easy monetary policy. But at this point, with the Federal Reserve seemingly set to defeat rising inflation by any …
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The major indexes came under further pressure last week. While Tuesday brought a nice rally for stocks, Thursday and Friday’s sessions were downright ugly. The S&P 500 fell 1.5% and 1.7% those days, while the Nasdaq 100 dropped 2% and 1.5%, respectively. The Russell 2000 was hit even worse, with declines of 2.3% and 1.8%. …
The post Watchlist Update: Can’t Keep These Strong Stocks Down appeared….
ePlus inc. ePlus inc. (PLUS) is a $1.6 billion information technology (IT) company focused on optimizing IT and supply chain processes for a variety of industries. Here’s how the chart is setting up… And here’s how the stock is setting up with my Stock Surge Indicator (SSI)… Surge score: 92/100 % Above 52-wk low: 38% …
The post Watchlist Week of Apr 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 Week of May 9th, 2022
J.B. Hunt Transport Services, Inc. (Short Idea) J.B. Hunt Transport Services, Inc. (JBHT) is a $18 billion logistics services company focused on trucks and transporting stuff via those trucks. Here’s how the chart is setting up… And here’s how the stock is setting up with my Stock Surge Indicator (SSI)… Surge score: 64/100 % Above …
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