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.

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.

Collect Income on Cisco Systems With a Put Write

This morning, I'm recommending a bullish put write on Cisco Systems, Inc. (NASDAQ:CSCO).

Profit off Global Optimism With a Trade on Knowles Corporation

This morning, I'm recommending a bullish call option on Knowles Corporation (NYSE:KN), the global audio processing component producer.

Profit With a Call Option as Campbell Soup Company Pushes Higher

This morning, I'm recommending a bullish call option on Campbell Soup Company (NYSE:CPB).

Pre-Earnings Income While Cisco Consolidates

We’ve already sold one profitable covered call against our Cisco Systems, Inc. (CSCO) shares, and now that the stock is bouncing up off support at $46, it’s time to sell another.

Capitalize on the Bullish Start to Earnings Season with Ball Corporation

There is a lot of bullish sentiment on Wall Street, and we’re going to generate some income on our shares of Ball Corporation (NYSE:BLL).

Procter & Gamble Could See Profit Taking Before Earnings

This morning, I'm recommending a bearish ratio put debit spread on The Procter & Gamble Company (NYSE:PG).

Harley-Davidson is Already Losing Steam

This morning, I'm recommending a bearish put option on Harley-Davidson, Inc. (NYSE:HOG).

This Biopharmaceutical Stock Looks Like a Steal

This morning, I'm recommending a bullish call option on Amarin Corporation plc (NASDAQ:AMRN), the biopharmaceutical company.

The Perfect Time to Sell a Covered Call on Adobe

To celebrate the elimination of options trading commissions -- and to generate some more instant income -- we’re entering a new trade on Adobe (NASDAQ:ADBE).

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.

Transportation Stocks Are Set to Struggle

This morning, I'm recommending a bearish trade on the iShares Transportation Average ETF (NYSEARCA:IYT).

DocuSign, Inc. (DOCU) Looking for New All-Time Highs

This morning, I am recommending a bullish trade on DocuSign, Inc. (NASDAQ:DOCU), the cloud-based software company.

Alibaba Options Offer Good Premium as Trade Talks Start up Again

This morning, I’m recommending a bullish trade on Alibaba Group Holding Limited (NYSE:BABA), the online and mobile commerce company.

Activision Blizzard’s New Mobile Game Presents a Bullish Opportunity

This morning, I'm recommending a bullish trade on Activision Blizzard, Inc. (NASDAQ:ATVI), the video game developer and publisher.

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.

Whirlpool Jumps With the August Spike in New Home Sales

This morning, I'm recommending a bullish trade on the Whirlpool Corporation (NYSE:WHR), the home appliances company.

Collect Income While Adobe Consolidates

This morning, we're recommending a covered call on Adobe Systems, Inc. (NASDAQ:ADBE).