24/7 Trade of the Day

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

I believe the rate hike would be an overall negative development for the market in general. That being the case, let's put on some "portfolio insurance" just in case.

Trade of the Day: Profit From Facebook Inc (FB) Stock’s Trend

Although FB stock remains near the very upper end of its multiyear trading range, Facebook now sets up one of two trading ideas.

Trade of the Day: Bank of America Corp (NYSE:BAC)

With the Financials running higher, BAC still has room to rise before hitting resistance.

Trade of the Day: NetApp Inc. (NASDAQ:NTAP)

Cloud computing and data storage companies have traded well as a group for more than a year now.

Trade of the Day: U.S. Silica Holdings Inc (NYSE:SLCA)

Silica is used in oil operations for extracting crude from the ground. So, it’s been hit hard because oil has been…but it shouldn’t be.

Trade of the Day: SPDR KBW Regional Banking (ETF) (NYSEARCA:KRE)

I believe that the banking sector is in better shape than we think. True, no bills are being passed, but the regulatory environment is much improved.

Trade of the Day: McDonald’s Corporation (MCD) Stock Is a Sell

The rally in MCD stock has it overbought. McDonald's investors would be wise to trade profits while traders watch for bearish reversals.

Trade of the Day: Wal-Mart Stores Inc (NYSE:WMT)

We expect more investors to move back into WMT as it continues to retool in its battle against Amazon and as it continues to take advantage of the increased consumer spending.

Trade of the Day: Micron Technology, Inc. (NASDAQ:MU)

Right now, the tape is showing a breakout with bullish action, so today I'm recommending call options.

Trade of the Day: Bank of America Corp (BAC) Stock Is One for the Bears

The relative and absolute weakness in bank stocks like BAC stock year-to-date looks to be coming to a head. Traders take note of this chart pattern.

Trade of the Day: Hess Corp. (NYSE:HES)

Energy companies have taken a hit following last week’s OPEC meeting. Let's take advantage of that to collect some option premium.

Trade of the Day: Apple Inc. (NASDAQ:AAPL)

AAPL continues to impress with strong iPhone sales, a huge cash pile and its massive share-buyback program.

Trade of the Day: Harsco Corporation (NYSE:HSC)

Basically the hope for corporate tax reform is the new "put” under the market, acting as protection against any large declines.

Trade of the Day: Home Depot Inc (NYSE:HD)

The stock faded following the gap higher that was made after earnings.

Trade of the Day: KLA Tencor Corp (KLAC) Stock Targeting Another Leg Up

As the need for semiconductors grows, so does KLA Tencor's potential, making KLAC stock a smart buy right now.

Trade of the Day: FormFactor, Inc. (NASDAQ:FORM)

FORM hit a high of $14.40 and has pulled back recently, but it’s now setting up for its next leg higher.

Trade of the Day: Vale SA (ADR) (NYSE:VALE)

We like the opportunity in VALE as a way to profit from the decline in the Brazilian real, and it gives us some bearish exposure to base metals.

Trade of the Day: United Parcel Service, Inc. (NYSE:UPS)

I am personally maintaining a neutral stance at this point, and I wouldn’t be surprised to see some of this volatility continue further into the summer. For that reason, I am recommending a bearish trade today.

Intel Corporation Is Cruisin’ for a Bruisin’ (INTC)

INTC stock broke a technically crucial area of support during Wednesday's broad selloff. Intel's next stop might be considerably lower.