24/7 Trade of the Day

Trade of the Day: Home Depot Inc (HD) Stock Is a Breakout Candidate

By Serge Berger, InvestorPlace Contributor
HD stock on Wednesday staged a technically sound move that may be the beginning of the end of Home Depot's multimonth consolidation period.

Trade of the Day: Advanced Micro Devices, Inc. (AMD)

By John Jagerson and Wade Hansen
We think AMD is at a technical pivot point where downside potential is far more likely than upside, thanks to rising risks in the broader indexes and a change in the underlying fundamentals of the Bitcoin market.

Trade of the Day: Palo Alto Networks Inc (PANW) Stock Is a Bullish Delight

By Serge Berger, InvestorPlace Contributor
PANW stock last week left behind a notably bullish mark on its charts that could have set a new leg higher in motion.

Trade of the Day: Newmont Mining Corp (NEM)

By Ken Trester
I'm leaning bullish, particularly on copper, which has been on a fantastic run this year, and on precious metals mining as well.

Trade of the Day: Activision Blizzard, Inc. (ATVI)

By John Jagerson and Wade Hansen
We like the breakout above resistance within the electronic gaming sector and expect ATVI to catch up to some of its peers that have already seen significant inflows.

Trade of the Day: 3M Co (MMM)

By John Jagerson and Wade Hansen
A lack of revenue growth -- blamed by some analysts on 3M's strategy to gain market share with price cuts -- and lack of additional expected earnings growth seems to have sparked some profit taking on the stock.

Trade of the Day: Alcoa Corp (AA) Stock Aims Higher

By Serge Berger, InvestorPlace Contributor
AA stock last week rallied strongly, bringing Alcoa's year-to-date rally to almost 47%. It may be the start of a more meaningful leg higher.

Trade of the Day: DISH Network Corp (DISH)

By Ken Trester
I’m still forecasting that a new low will be made next month. With that in mind, today I'm recommending a bearish trade on a stock that's particularly vulnerable after disappointing on earnings.

Trade of the Day: Walt Disney Co (DIS)

By John Jagerson and Wade Hansen
DIS has been struggling with its media networks -- especially ESPN -- for a while now, but with revenue dropping, the company is planning major shifts.

Trade of the Day: Celgene Corporation (CELG) Stock Flashing Buy Signals

By Serge Berger, InvestorPlace Contributor
CELG stock bounced off a critical technical support level and Celgene now offers traders a well-defined reward to risk trade to the upside.

Trade of the Day: Changyou.com Ltd (ADR) (CYOU)

By InvestorPlace Research Staff
This little-known Chinese company finds itself in a very hot sector with several NexGen mega-trends working in its favor.

Trade of the Day: Johnson Controls International (JCI)

By Ken Trester
We’re likely to see some further downside action until at least the end of September, so I’m now firmly in the bearish camp.

Trade of the Day: iPath Bloomberg Copper Subindex Total Return ETN (JJC)

By Ken Trester
I’m getting very bullish on copper. In many major cities around the world, such Beijing or Mexico City, the smog is almost unbearable, and the next generation of cars -- especially the electric ones -- are going to require thousands of copper wires.

Trade of the Day: Home Depot Inc (HD)

By John Jagerson and Wade Hansen
The "buy the rumor, sell the news" pattern is common during earnings season, and we suspect that was what hurt HD on Tuesday.

Trade of the Day: Delta Air Lines, Inc. (DAL) Stock Offers an Opportunity

By Serge Berger, InvestorPlace Contributor
DAL stock has seen some recent turbulent trading but Delta has now reached a key technical confluence support zone.

Trade of the Day: International Paper Co (IP)

By John Jagerson and Wade Hansen
Strong shippers and online sales should continue to support the stock while the dividend makes it more attractive for value investors.

Trade of the Day: Market Vectors Gold Miners ETF (GDX) Is Shining (For Now)

By Serge Berger, InvestorPlace Contributor
After a good rally last week, will the GDX ETF see follow-through buying in coming weeks and lead to a respectable breakout?

Trade of the Day: Buckle Inc (BKE)

By Ken Trester
Market breadth has been deteriorating, and the S&P 500 has been underperforming, suggesting that we’re in for a longer period of corrective action going forward.

Trade of the Day: Hormel Foods Corp (HRL)

By John Jagerson and Wade Hansen
Margins are still a big concern in food stocks. HRL stock is also at resistance and fading as investor sentiment softens.
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