24/7 Trade of the Day

Trade of the Day: Eaton Corporation (NYSE:ETN)

One play I am bullish on right now is the major industrial conglomerate, Eaton (ETN). Shares have stalled in the $60–$64 area recently but show signs of bounding out of a small inverse head-and-shoulders technical pattern. More 

Trade of the Day: Microsoft Corporation (NASDAQ:MSFT)

There was a good chance that a fresh trading range could develop and that lower lows could be made. Friday’s action was crucial in determining whether or not the market’s backup support levels would come into play following the jobs report More 

Trade of the Day: Powershares DB US Dollar Index (NYSEARCA:UUP)

My indicators reflect bearish sentiment in the market at this time, and we're beginning to see the "sell in May and go away" mantra place pressure on equities over a broad front. More 

Trade of the Day: Credit Suisse Group AG (ADR) (NYSE:CS)

CS has been stuck in a consolidation range between $13 and $16 since the company’s last earnings announcement in February, and we believe the company’s upcoming earnings announcement on May 10 is going to apply more downside pressure. More 

Trade of the Day: Microsoft Corporation (NASDAQ:MSFT)

The technical setup, along with lowered guidance, makes me feel comfortable going "short” MSFT with put options. More 

Trade of the Day: Sonic Corporation (NASDAQ:SONC)

U.S. equities of all stripes finished near their highs of the day (which is always a good sign), led by restaurants, casinos and homebuilders. Energy stocks were up but lagged on weakness in crude oil. More 

Trade of the Day: Alibaba Group Holding Ltd (NYSE:BABA)

We've opened a new bearish trade on Alibaba (BABA). BABA started breaking lower this week after climbing with the rest of the market, and we anticipate the stock is going to continue dropping in the run up to the company’s quarterly earnings announcement on May 5, before the market opens. More 

Trade of the Day: Alcoa Inc (NYSE:AA)

think there's a very, very short-term window to get some quick bullish profits, so I have a call option recommendation for you today in Alcoa Inc (NYSE:AA). More 

Trade of the Day: Spirit AeroSystems Holdings, Inc. (NYSE:SPR)

There is support for Spirit AeroSystems (SPR) at $46.05, and resistance doesn't occur until $56.04, more than $5 away from current levels. More 

Trade of the Day: Etsy Inc (NASDAQ:ETSY)

We expect Etsy (ETSY) to challenge the $10 price level in the run up to, or the aftermath of, its next quarterly earnings announcement. More