Trade of the Day

Wondering what our top minds are trading today? InvestorPlace’s “Trade of the Day” provides high-quality analysis in a fast-moving market, covering earnings uptrends and big market-moving swings for high-octane trades. Our financial analysts closely monitor rotations in and out of sectors to deliver prescient financial advice you can trade on.

The Trade Deal Helps Energy Stocks Like Williams Companies, Inc.

Following three weeks of bearish readings, my indicators are back to giving buy signals, and I want to recommend a bullish position on Williams Companies, Inc. (NYSE:WMB).

Set Yourself up to Profit From the Russell 2000’s Bullishness

The Russell 2000 made a technical breakout last week, and I want to take advantage with a bullish call debit spread on the iShares Russell 2000 ETF (NYSEARCA:IWM).

Trade of the Day: Intuit Stock Hanging on by a Thread

After falling 15% from recent highs, INTU stock's chart points to further weakness ahead. This stock continues to show absolute and relative weakness.

Trade of the Day: Schlumberger Stock Is a Catch-Up Play

Energy stocks like Schlumberger SLB stock in recent weeks have begun showing signs of life after notable underperformance. This could bode well into year-end and into 2020.

Retailers Like Target Still Look Strong

We can accelerate our retail returns with a new put write on TGT.

Strong Jobs Numbers Boost Bank of America

We want to take advantage of rising long-term interest rates with a put write on Bank of America (NYSE:BAC)

Betting on L Brands to Bounce in December

I'm recommending a bullish call option on L Brands, Inc. (NYSE:LB), which operates retailers like Victoria's Secret and Bath & Body Works.

Shifting Our Approach to Selling Starbucks Covered Calls

We had been selling covered calls against Starbucks (NASDAQ:SBUX) with a strike price around $85, but now we think higher strikes are the best strategy.

Trade of the Day: Warm up With Campbell Soup Stock

CPB stock rallied following the company's latest earnings report. Despite a marginally lowered outlook CPB stock held in well and on the charts scored a technical breakout that could serve it well in coming weeks.

Trade of the Day: Dollar Tree Stock Becoming a Penny Bargain

DLTR stock fell more than 20% over the past few trading sessions. From a price action perspective in the near term the stock is now getting markedly oversold and ripe for a tradeable bounce.

Apache Corporation is a Great Target for a Put Write

Shares of Apache Corporation (NYSE:APA) are lower than ever before, and we can take advantage of the stock's latest move lower with a bullish put write.

Squeezing Some Premium Out of Cisco Systems

We've been holding a long stock position on Cisco Systems (NASDAQ:CSCO) since early August, and we think it's a good time to sell a covered call.

Trade of the Day: The Year-End Bull Case for the Russell 2000

The IWM ETFtrotted sideways for most of the year after a rally in January and February. The recent breakout attempt however is getting attention and could indeed result in more upside through year-end 2019.

Semiconductor Stocks like Xilinx are Holding Above Support

The U.S. chipmaker Xilinx, Inc. (NASDAQ:XLNX) has started making higher lows, and a put write is an excellent way to collect some extra premium while investors are optimistic about U.S.-China trade.

Walmart Stalled After Earnings, but the Holidays Could Push it Higher

We recommend trading Walmart (NYSE:WMT) with a bullish put write.

Decriminalization Won’t Pass the Senate, and Cronos Will Come Back Down

This morning, I am recommending a bearish trade on Cronos Group, Inc. (NASDAQ:CRON), the vertically integrated cannabis company.

Get Your Bonus from Bank of America

This quarter has been an especially good one for Bank of America Corporation (NYSE:BAC).

Trade of the Day: Canopy Growth Leaves Bullish Mark on the Charts

Cannabis stocks like CGC stock rallied on November 20th, which in turn left a notable bullish mark behind on the chart. All else being equal this now calls for more upside in the stock.

Trade of the Day: Home Depot Stock Points Lower Still

HD stock tumbled more than 5% on Tuesday November 19th after the company's latest earnings report. Through the lens of technical analysis Tuesday's price action qualifies as a so called 'bearish reversal,' which is to say that HD stock may have lower to go in coming days/weeks.

This Cheap Bearish Trade on Target Banks on Weak Earnings

This morning, I'm recommending a bearish trade on the Target Corporation (NYSE:TGT).