Recent Articles
This Energy Stock is a Hidden Opportunity
We see a big opportunity in the petroleum refiner Valero Energy Corporation (NYSE:VLO). Looking at the daily chart of VLO, you can see that the stock has popped up off support in the aftermath of the company’s earnings announcement on Oct. 25. This is a good sign the stock is regaining some stability.
NSC Stock is Not Out of the Woods Yet
Norfolk Southern Corporation (NYSE:NSC) has rebounded from its October lows and has turned lower after tapping short-term resistance at the $172.50 level. We are expecting it to channel sideways for a while until the outlook for trade is clearer, and we are going to sell some call premium in the meantime.
This Oversold Sector is Set for a Huge Rebound
We are recommending a new bullish trade on United Technologies (NYSE:UTX), one of the biggest providers of technology and services to the aerospace industry, with a market capitalization of approximately $102 billion.
Trade of the Day: Cintas Corporation (CTAS)
We are recommending a new bullish trade on Cintas Corporation (NASDAQ:CTAS) — a company you probably know best for providing work uniforms and laundry services for workers in the retail and dining industry groups.
Trade of the Day: Adobe (ADBE)
We own shares of Adobe (NASDAQ:ADBE) in our Strategic Trader portfolio, and we are now interested in selling a covered call against that stock position for two reasons.
Trade of the Day: Starbucks (SBUX)
Starbucks (NASDAQ:SBUX) has rebounded from its pullback last week, and it registered its highest close in months on Wednesday. We expect this bullish trend to continue into November.
Trade of the Day: General Motors Company (GM)
We feel that worsening export performance, slowing consumer spending in China, a cyclical slowdown in auto-sales in the U.S. and rising costs will continue working against General Motors Company (GM) this year.
Best Stocks for 2018: The REMX ETF Continues to Drag
The business of the companies that make up REMX should still be growing, but trade fears are keeping investors away.
Trade of the Day: Emerson Electric Co. (EMR)
We are opening a new bullish trade on Emerson Electric Co. (NYSE:EMR). The trade deal with Canada announced today may not be materially different than NAFTA, but relieving that uncertainty is likely to have a positive impact on the market anyway.
Trade of the Day: Eli Lilly (LLY)
We are opening a new bullish trade on Eli Lilly (NYSE:LLY), the $106 billion manufacturer of pharmaceutical products. LLY skyrocketed higher after its last earnings announcement, in which the company not only beat revenue and earnings expectations but also announced it would be spinning out part of its Elanco Animal Health division in an initial public offering (IPO).
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