Recent Articles
Trade of the Day: Silver Wheaton Corp. (USA) (NYSE:SLW)
Silver Wheaton has lagged the decline in silver prices, which happened last June as well. We expect SLW to break support and head lower as the interest rate environment continues to weigh on metals.
Trade of the Day: Bank of Montreal (USA) (NYSE:BMO)
Stable oil prices should support the stock’s “pennant” breakout Wednesday, because of a healthier energy sector, and send the price past recent highs.
Trade of the Day: Southwest Airlines Co (NYSE:LUV)
Monday's confirmed bullish "harami” is a good momentum signal despite the market's volatility. We also see Southwest as an indirect trade on lower oil prices.
Trade of the Day: Lowe’s Companies, Inc. (NYSE:LOW)
With the current weakness in retail and LOW’s upcoming earnings announcement, we anticipate the stock is going to break below support.
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.
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