24/7 Trade of the Day

Trade of the Day: SPDR S&P 500 ETF Trust (SPY)

With the VIX moving higher again on Friday, I see this as the right time to put on some "downside insurance."

Trade of the Day: Beacon Roofing Supply, Inc. (BECN)

The market's technical picture is shaping up to look quite like what we saw just before the sharp correction at the start of this year. Today I'm recommending a bearish trade on a stock that's looking particularly vulnerable after missing its Q3 numbers.

Trade of the Day: Bank of America (BAC)

Now that the stress of the Federal Reserve’s “stress tests” are in the rearview mirror, financial stocks are climbing higher, as they are now free to pay larger dividends and buy back more stock as they move forward with their capital plans, and Bank of America (BAC) is no exception.

Trade of the Day: UPS Stock Has Upside Squeeze Potential

UPS stock had an explosive rally following the company's July earnings report. Its consolidation period since then looks increasingly likely to resolve to the upside.

Trade of the Day: Express Scripts (ESRX)

Express Scripts (NASDAQ:ESRX), a pharmacy benefit management company operating in the United States and Canada, reported its latest earnings this past Wednesday, Aug. 1, and the stock moved sharply lower when the report crossed the tape.

Trade of the Day: JD.Com Inc (ADR) (JD)

JD.com is the Amazon of China, and looking at its stock chart, it made actually a triple-bottom. It looks to me unlikely to fall much further, even with this trade war.

Trade of the Day: VanEck Vectors Gold Miners ETF (GDX)

While the yuan has been weakening, the U.S. dollar has been strengthening, and that’s put a lot of pressure on gold and other commodities recently.

Trade of the Day: A Bullish Trade on Regional Banks

The regional bank ETF, i.e. the SPDR S&P Regional Banking ETF (KRE) offers a good reward-to-risk trade just as the broader financial sector is showing signs of life again.

Trade of the Day: Caterpillar Is a Short

Following Caterpillar's earnings report earlier this week, CAT stock now looks ripe to continue its slide lower ... offering active investors and traders an opportunity.

Trade of the Day: Cemex (CX)

Cemex (CX), a company that produces and sells cement, ready-mix concrete and other construction materials, reported earnings last week and, on the surface, the news looked pretty good. The earnings-per-share (EPS) numbers were a bit better than average estimates, but revenue was a little low.

Trade of the Day: McDonald’s Corp (MCD)

McDonald's has been up there for a long time — and the company has shown a lot of improvements in its franchise system — but it’s probably one of the most overpriced fast-food stocks.

Trade of the Day: Acacia Communications, Inc. (ACIA)

Suppliers like Acacia Communications, which had to suspend its agreement with ZTE during the U.S. trade ban, got caught in the crossfire.

Trade of the Day: 2 Ways to Trade Facebook After the Earnings Bloodbath

FB stock is dropping hard after earnings. Luckily this drop also provides opportunity. Here are two specific ways I am looking to capitalize in Facebook.

Trade of the Day: Buy Lockheed Martin Stock at This Level

LMT stock managed to shake off the sellers by day's end on Tuesday following the earnings report, and that sets the stock up with a well-defined price level above which it can be bought for a trade.

Trade of the Day: Halliburton Company (HAL)

Halliburton Company (NYSE:HAL) fell more than 8% on Monday after the company reduced guidance for the third-quarter and warned of slower growth in the Permian Basin. That was serious enough for many investors to dump their shares, but I think the selling was overdone.

Trade of the Day: Discover Financial Services (DFS)

DFS has broken through a short-term resistance level at $72 on the news from Thursday evening that the company's board of directors has approved both a new $3 billion share-buyback program during the coming five quarters and a $0.05 increase in the quarterly stock dividend.

Trade of the Day: Briggs & Stratton Corporation (BGG)

In the end, I would think the Trump administration would want to come to some sort of agreement on trade, particularly with Mexico, China and the European Union, before the mid-term elections in order to calm the markets and bolster his party’s chances, but it remains a risk factor until that happens. 

Trade of the Day: Micron (MU)

As we progress through earnings season, one of the trends that has been true during the past few quarters that is proving to continue to hold true this quarter is that the demand for technology stocks -- like Micron (MU) -- is strong.

How to Play the Breakdown in Cisco Stock

CSCO stock has its share of problems, but for investors, you can still make money off Cisco with this play.