24/7 Trade of the Day

Trade of the Day: Costco (NASDAQ:COST)

Shifting trading sentiment on Wall Street and shifting consumer confidence in the United States have laid the groundwork for a strong month in the retail sector leading up to Christmas.

Trade of the Day: Direxion Daily China Bull 3x Shares ETF (NYSEARCA:YINN)

The downturn in China stocks has created a nice set-up for a quick bounce, and one way to trade a potential rally is the YINN ETF.

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

We anticipate the stock is going to rise above this level and continue on toward $21-$22.

Trade of the Day: Caterpillar Inc. (NYSE:CAT)

Caterpillar is very overpriced, and I would say that, sometime in the next several months, it's going to go down.

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

AMD's enjoying strong performance in the industry, and the company is a potential acquisition target.

Trade of the Day: GameStop Corp. (NYSE:GME)

Now looks like a good time to establish a bearish position in GameStop Corp. (NYSE:GME).

Trade of the Day: Deutsche Bank (DB) (NYSE:DB)

Deutsche Bank has been having a rough year, but Tuesday’s election results were just what the financials needed.

Trade of the Day: Lowe’s Companies, Inc. (NYSE:LOW)

In the run-up to the U.S. presidential election — and also, apparently, the morning after — Treasury yields started soaring. This is bad news for Lowe's.

Trade of the Day: Time Warner Inc (NYSE:TWX)

AT&T is paying $108 a share for TWX, which closed Monday at $87.74. That’s a nearly 20% discount to the deal price.

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

The technical setup for UPS looks bearish, with the 50-day moving average on the verge of falling below the 100-day moving average.

Trade of the Day: SPDR Gold Trust (ETF) (NYSEARCA:GLD)

The big reason gold is rising is the uncertainty of the U.S. election, which is causing investors to move into defensive assets.

Trade of the Day: Nordstrom (NYSE:JWN)

JWN has just completed a bearish divergence that should send the stock back down through its August gap.

Trade of the Day: Microsoft Corporation (NASDAQ:MSFT)

MSFT recently broke out to a fresh 52-week and all-time high of $61.37 following a better-than-expected earnings report. I believe shares are “fairly valued” at current levels.

Trade of the Day: GameStop Corp. (NYSE:GME)

The election is kind of freezing all consumers. Consumers are just not spending, period.

Trade of the Day: Charles Schwab Corporation (NYSE:SCHW)

Rising interest rates have a direct impact on profit margins for the big discount brokers, which should help SCHW in the short term.

Trade of the Day: General Motors Company (NYSE:GM)

The auto stocks are real bargains here. GM's price/earnings ratio is about 6:1, and it's probably one of the better auto companies right now.

Trade of the Day: Skyworks Solutions (NASDAQ:SWKS)

It seems obvious from Apple (NASDAQ:AAPL)'s report that suppliers like Skyworks Solutions (NASDAQ:SWKS) are a little overbought.

Trade of the Day: Chemours Co (NYSE:CC)

As far as oil goes, it is in a kind of rally mode right now, and I'm also looking for strength in gold. Both of those factors make Chemours look appealing.

Trade of the Day: Under Armour Inc (NYSE:UA)

Ever since the CEO at Under Armour (UA) diluted the company’s shareholders this spring, we've been watching for downside opportunity.