Trading Advice

Put Amgen Back on Your Buy List

The broad-based market correction has driven Amgen (AMGN) to just above its 50-day moving average. Read Article

Trade of the Day: General Motors (GM)

The General Motors chart work was ultimately pointing toward a drop below $30, possibly $28. Read Article

Monsanto: Look for a Bounce in MON Stock

After flirting with a break of key resistance, MON stock on Wednesday firmly planted a bullish reversal for traders to pounce on. Read Article

This Biotech’s Chart is the Picture of Health

Gilead Sciences (GILD) consistently surpasses my technical targets. Read Article

Trade of the Day: E Trade (ETFC)

A short position in E Trade makes sense as a hedge within a long portfolio if buyers step into stocks again on the dips. Read Article

Get Bearish on Fastenal Stock Ahead of Earnings

Bearish sentiment on an underperforming company is par for the course, and Fastenal stock has done little to inspire a shift in analyst opinions. Read Article

How Low Can the SPY ETF Go?

After a quick and sharp oversold bounce in the S&P 500 late last week, the SPY ETF quickly reversed gears this week. Look toward this support level. Read Article

Don’t Be Fooled by a Dead Cat Bounce in This Oil Stock

Short Occidental Petroleum (OXY) on a rebound to its 200-day moving average. Read Article

Trade of the Day: SPDR S&P 500 ETF (SPY)

The SPDR S&P 500 ETF (SPY) fell 0.1% on Monday, but the CounterPoint Options system expects stocks to rebound back toward highs and volatility to abate. Read Article

Make This Bull Trade on AA Stock Before Alcoa Earnings

Traders looking to position themselves ahead of the Alcoa earnings report might want to consider this options play on AA stock. Read Article

FedEx Feeds the Bears as FDX Stock Reverses

After a great 15-month run, FDX stock looks exhausted. Monday's bearish reversal might give bears an opportunity to pounce on. Read Article

Options: Sell LEAPs for Big Money

Long-term calls or puts can earn you huge premiums as long as you are patient and can handle the risk. Read Article

Trade of the Day: Alibaba (BABA)

It is inevitable that greater volatility will come for Alibaba given the size and scope of the company, so here's a "Vegas money" BABA trade. Read Article

Twitter Stock Could Be Ready to Move

Twitter stock resolved higher last Friday, following weeks of bullish resiliency. Active investors still can take advantage of this relative strength. Read Article

Canadian National Railway Ready to Resume Its Climb

A reversal confirmed the long-standing bull market in Canadian National Railway (CNI). Read Article

Trade of the Day: Mattel (MAT)

Unlike last week, stocks face a bigger hurdle than just a single strong day to reverse their bearish trend. Here’s a put option on a well-known company with a troubled stock that will allow you to profit on the downside. Read Article

XLE: Energy Stocks Are Bouncing Off the Bottom

The energy sector has been a laggard for over a month. Thursday's bullish reversal move, however, could offer a mean-reversion rally play. Read Article

Bullish ‘W’ Signals Big Win Ahead for Micron Technology

Micron Technology's (MU) chart also displays twin buy signals and an impressive breakaway gap. Read Article

Trade of the Day: iShares Silver Trust (SLV)

The silver market has lost more than 10% since July 2013; I don’t see any reason for this trend to reverse in the coming weeks. Read Article