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Last Friday’s trading session was a bloodbath… After Federal Reserve Chairman Jerome Powell made aggressive statements regarding a path of more interest rate hikes, the indexes sold off hard all day. The S&P 500 dropped 3.4%, the Nasdaq 100 declined a whopping 4% and the Dow Jones fell just over 3%, or more than 1,000 …
The post Looking for a Retest of the Recent Lows? appeared first on Stock Surge Daily.
I share my top trade setups whenever I have a big, new idea for the market… And to invite global comments, I provide the core chart and discussion on my TradingView page. This week, the crude oil futures market (CL) is pushing back into the buy zone, which could lead to a big upside move. …
The post This Week’s Idea for Crude Oil Futures appeared first on Josh Daily Direction.
Stocks sold off hard on Friday after Federal Reserve Chairman Jerome Powell made remarks about taking aggressive action on interest rates. He was clearly setting the tone for a 75-basis-point (0.75%) rate hike at the next meeting, which the market was obviously not anticipating. Even though we expected this pullback from the 200-day moving average, …
The post Watchlist Update: Three Stocks for a Rising Rate Market appeared first on Stock Surge Daily.
Trying to forecast where stocks will go next is a coin toss at best. So, what’s the solution? Weekly options.
The post Why Weekly Options Are the Best Way to Trade a Wild Market appeared first on Stock Surge Daily.
In today's video, I'll explain how to increase your trading performance by focusing your efforts only on the leading sectors and stocks.
The post Video Update: Why Stocks Move Together… And a Few of My Favorites Right Now 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…
Will the RTY Downtrend Continue?
The Russell 2000 (RTY) futures market looks set for continued bearish movement. This index, which tracks the performance of small-cap stocks, has been stuck in a down trend for the last two weeks. However, it is still at a low price. If it can make it back to the downtrend line, that could be a …
The post Will the RTY Downtrend Continue? appeared first on Josh Daily Direction.