Built by Traders, for Traders
Ross Givens
Stock Trader & Educator
Built by Traders, for Traders
Ross Givens
Stock Trader & Educator
Today, we’re going to continue our ongoing chart pattern series with a pattern we’d all like to see take place in the broad market… Yes, I’m talking about a bottoming pattern that could tell us when the market will finally turn back to the upside. Of course, there are no guarantees in technical analysis or …
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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….
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….
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 are picking up August where July left off, as the markets are rallying further this week. Technology stocks are leading the way higher, with the Nasdaq 100 jumping 2.8%, the S&P 500 up 0.5% and the Russell 2000 higher by 1.3%. Some of this may have to do with the decline in the price …
The post The Real Thing or Just a “Bull Trap”? appeared first….
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: Looking for Low Risk Entry Points
Welcome to day 312 of the stock market bloodbath. After peaking last November, stocks have been heading down for all of 2022. Every time the doors of hope and optimism are opened, fear and selling slam them shut. The Nasdaq Composite is now down 33% from its highs, wiping out a third of the value …
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