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Most Recent
24/7 Trade of the Day
Trade of the Day: Macy’s Inc (M)
I think Macy’s is probably undervalued at this point…it’s been hit so hard. And it’s one of the few retailers that I think will survive. So I’m looking for a snapback.
Trade of the Day: Costco Wholesale Corporation (COST) Stock
After a 15% drop, COST stock has reached a critical long-term support level on the Costco charts, where bounces or even reversals could occur.
Trade of the Day: Activision Blizzard, Inc. (ATVI)
Technology/Entertainment companies got a nice boost Friday on good news within the sector, and we like the support bounce on ATVI.
Trade of the Day: Kellogg Company (K)
The drumbeats of a trade war are getting louder, which would really cause the economy to suffer. Already, the current presidential administration is talking about putting penalties on imported steel and things of that sort, so this is a time in which there are a lot of risks for the market as a whole.
Trade of the Day: AutoNation, Inc. (AN)
Much of the new progress made by the automakers has been at the expense of other companies in the value chain -- including AutoNation.
Trade of the Day: Costco Wholesale (COST)
Tomorrow, the market will get the latest readings on chain-store sales, mortgage applications, job cuts and employment, international trade, jobless claims, consumer comfort, PMI services as well as inventory reports for both crude oil and natural gas. So, while it has been a quiet week so far, the market is likely to heat up as we head into the coming weekend.
Trade of the Day: Apple Inc. (AAPL) Stock Needs a Change to Become a Buy
Don't just blindly get back into AAPL stock. Perspective is needed in Apple and here is what needs to happen first for a better buying opportunity.
Trade of the Day: Bank of America Corp (BAC)
The steepening yield curve after the positive results of the Fed’s stress tests on the big banks is a good sign, and I think financials have plenty of room to move higher.
Trade of the Day: Gilead Sciences, Inc. (GILD)
GILD moved higher once again on Wednesday, and we expect it to continue climbing higher during the next few weeks as Republicans work to update their health care proposal.
Trade of the Day: With Wal-Mart Stores Inc (WMT) Stock, Focus Near-Term
Although the bigger picture trajectory for WMT stock remains a choppy mess, a near-term Walmart trade with well-defined parameters is setting up.
Trade of the Day: Newmont Mining Corp (NEM)
Before the New York trading session kicked off Monday morning, the gold market imploded and traded more than 1.8 million ounces in less than a minute during the London session.
Trade of the Day: Lumentum Holdings Inc (LITE)
LITE has just recently managed to break above what had been resistance around $55-$56.
Trade of the Day: American Express Company (AXP)
Investors are preparing for a deep-freeze in retail that’s way beyond what I think is possible. The financials are also presenting some attractive bullish opportunities.
Trade of the Day: The Energy Select Sector SPDR (ETF) (XLE) Is Worth a Look Again
Albeit still trending lower, the XLE ETF and many energy stocks are nearing oversold levels and potential technical support areas.
Trade of the Day: SPDR S&P Biotech (ETF) (XBI)
XBI hit a new 52-week high of $76.60 on Tuesday before easing back slightly to about $75. And I'm opting to employ one of my preferred bullish strategies here.
Trade of the Day: Cabot Oil & Gas Corporation (COG)
The oil inventory overhang isn't going away, and industry stocks that have been rallying while energy prices fell are probably overvalued in the short term.
Respect Tesla Inc (TSLA) Stock But Stop the Chase!
Tesla has become near-term overbought. Tactical investors should consider taking some profits, while others may try TSLA stock as a short.
Trade of the Day: Fossil Group Inc (FOSL)
We’re not seeing too much rotation between sectors just yet. There is one sector that has been particularly troubled, though, and that's retail.
Trade of the Day: Altria Group Inc (MO)
With U.S. Treasury yields lower, strong dividend-yielding stocks like MO have a great opportunity to climb higher.
