Trade of the Day

Trade of the Day: Johnson and Johnson Stock’s Dip Is Signal for the Bulls

JNJ stock while largely flat in terms of performance for the year-to-date has dropped nearly 10% over the past few trading days, bringing it to a well-defined support area. This, coupled with a still attractive dividend yield should get the bulls' attention.

Trade of the Day: High-Yield HYG ETF Screams a Bearish Setup

The HYG etf has largely trotted sideways over the past couple of years and increasingly is tracing out a concerning pattern that ultimately could result to plenty of downside.

Trade of the Day: Nvidia Stock Points Lower Again

Among the victims of stock market volatility of late are the semiconductor and related stocks such as Nvidia. NVDA stock recently rejected a technically important area on its chart and now points lower again.

Trade of the Day: Play the Cracks in the PowerShares QQQ ETF

After violating a notable technical pattern, the path of least resistance for the QQQ ETF looks to point lower toward a well-defined downside target.

Trade of the Day: TD Ameritrade Stock Is So Bad It’s Good

AMTD stock has been in a down-trend since 2018 and the latest dive has it severely oversold, meaning a relief-bounce could be in the cards.

Trade of the Day: Mastercard Stock Is a Trend-Follower’s Dream Come True

Over the past few weeks, MA stock has once again reached the lower end of a strong trend, which offers traders and investors a chance to enter this trend at better prices.

Trade of the Day: Amazon Stock Is Flashing Major Bearish Patterns

AMZN stock has traced out a well-defined bearish pattern on the charts and violated several key technical support areas.

Trade of the Day: FedEx Stock Is Trending Downward

FDX stock has seen wild swings throughout 2019 and these swings are continuing after the company's latest earnings report. The trajectory for FedEx continues lower.

Trade of the Day: Is It Time to Nab Disney Stock As It Points Lower?

DIS stock has been consolidating over the past four months or so, leading to a break lower and an ideal opportunity for a trade.

Trade of the Day: The Trend in Visa Stock Is Worth a Closer Look

V stock is tagging the lower end of its trading range, presenting a promising buying opportunity. Here's everything you need to know about trading Visa today.

Trade of the Day: Cannabis Stock Canopy Growth Looks Bounceworthy

It has been a rough few months for cannabis stocks, to say the least. CGC stock however is now sitting at an important technical support area where a bounce looks likely.

Trade of the Day: American Express Stock Points Lower for a Trade

This trade in American Express profits from weak financial stocks.

Trade of the Day: Amazon Stock Is Primed for a Bearish Trade

AMZN stock has traded in a choppy fashion over the past couple of weeks, which means Amazon is looking set up for a bearish trade.

Trade of the Day: Boeing Stock Is Set to Lose Elevation

BA stock looks to have reached a lower high once again, which means Boeing is likely ready for another leg lower.

Trade of the Day: Don’t Chase Target Stock Here

TGT stock rallied a cool 20% on Wednesday following the company's latest earnings report. At these levels Target is nearing a setup to short it for a trade.

Trade of the Day: Pfizer Stock Is Flashing Attractive Buy Signals

PFE stock recently dropped 20% following the company's latest earnings report. As a result, Pfizer has reached extreme oversold readings that could lead to a pop in the stock.

Trade of the Day: It’s a Hot Time to Trade the SPDR S&P 500 ETF Again

The SPY ETF has embarked on a slippery slope lower over the past couple of weeks. It now pays to be tactical and measure the next downside targets one at a time.

Trade of the Day: The iShares Treasury Bond ETF (TLT) Is Overbought

While I personally think the bond rally can continue in coming quarters, in the near term, the TLT ETF looks to be vastly overbought and a mean-reversion trade is setting up for active traders to feast on.

Trade of the Day: Amazon Stock Is Primed for a Bounce Trade

AMZN stock hasn't been immune to the recent stock market volatility, but Amazon looks increasingly oversold, making it a promising bounce candidate for the active trader.