Built by Traders, for Traders
Ross Givens
Stock Trader & Educator
Built by Traders, for Traders
Ross Givens
Stock Trader & Educator
Good afternoon, Daily Direction readers! The US stock market has not been an easy place to make profitable trading gains so far this year. The benchmark S&P 500 Index was down in price by 4.95% for the first quarter and the year to date. But it also came with a rebound for the full month …
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Made in America… It’s not just a tagline on the inside of a t-shirt. It is about the biggest investment theme of the next decade. In short… It is time to bet big on American industry. You see, for the last 30 years, we have shifted toward a global economy. We get our fruit from …
The post The End of Globalization as We Know It? appeared….
Walmart Inc. (Short) First up is a bearish idea in Walmart Inc. (WMT), the massive $376 billion discount retailer. Here’s how the chart is setting up… And here’s how the stock is scoring on my Stock Surge Indicator (SSI): Surge score: 45/100 % Above 52-wk low: 8% Sales growth: +4% Triple momentum: yes (short) Despite …
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People love to brag about their option trades. After all, it can be a pretty easy thing to brag about. With the right option, one can achieve triple- or quadruple-digit gains with only a 5%-10% move in the underlying stock. And it’s not terribly difficult. My option trades have netted wins as high as 1,091%. …
Why care what thirty stocks do on any given day? The Dow Jones Industrial Average (INDU) has a great origin story with Charles Dow and his Customers’ Afternoon Letter that first showcased what would become the Dow Index and of course the Wall Street Journal. But it doesn’t matter to you – or rather it …
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: No Big Surprises for Stocks
Surprise, surprise… Another down week for stocks. As I pointed out last week, the trend is unquestionably bearish. The markets continue to see sellers in control with high volume on the downside. As I write this update, the S&P 500 is trading within 2% of its 52-week low… Not a good sign for bulls. Inflation …
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