24/7 Trade of the Day

Trade of the Day: Netflix (NFLX)

We like this position as NFLX bounces off of support and expect it to close its earnings gap to $110 in the short term.

Trade of the Day: Chevron (CVX)

Alongside Monday’s pullback in oil prices, CVX nestled into the middle of its Keltner channel. This should be a good time to buy.

Trade of the Day: Apple (AAPL)

AAPL has a history of sandbagging earnings outlooks to lower the Street's expectations, while at the same time trying to top the figures.

Trade of the Day: DuPont (DD)

As I start to see signs of a bottoming process, I would expect investors to use any downdrafts in the next few weeks as a way to pick up bullish plays at a discount.

Trade of the Day: Biotech Double – Mannkind (MNKD) and PDL BioPharma (PDLI)

Biotech stocks got hit hard in recent weeks as concerns about prescription drug prices mounted.

Trade of the Day: Bank of the Ozarks (OZRK)

OZRK has been significantly outperforming its Industry

Trade of the Day: iRobot (IRBT)

As earnings get into full swing, I've been watching the transports carefully.

Trade of the Day: Gilead Sciences (GILD)

Recent headwinds from political candidates are still a risk, but the selling in GILD appears to be overdone.

Trade of the Day: Raytheon (RTN)

Raytheon is in a strong position as a defensive stock

Trade of the Day: Pilgrim’s Pride (PPC)

I don't like to see these kinds of sharp market rallies with the indices in a downward bias.

Trade of the Day: Yahoo! (YHOO)

YHOO has been forced to try and make an argument for a bullish valuation on its own merits — which are not all that great.

Trade of the Day: Urban Outfitters (URBN)

Looking ahead, October has a fearsome reputation — but it is largely undeserved. The month has featured a lot of the great turnarounds of the past 40 years. With this in mind, I’m recommending a bullish trade today.

Trade of the Day: Gold Shares ETF (GLD)

Gold prices may depend on the S&P 500 Volatility Index ($VIX) which tested a high of 18.20 last week.

Trade of the Day: H&R Block (HRB)

Bullish or bearish, my approach is that I am always looking for the best chances of winning. Probability is my biggest factor, and I rely on the software I built to tell me that probability.

Trade of the Day: Kohl’s (KSS)

If Kohl's can test $40.70, technically, by mid-November, these options should double from our entry price.

Trade of the Day: iShares 20+ Year Treasury Bond ETF (TLT)

We expect the S&P 500 to get back up to resistance in the 1,990-2,000 range before stocks kick off earnings season next week

Trade of the Day: Home Depot (HD)

While the five-day rally has been a very welcome reprieve following a rough couple of weeks, we’re not out of the woods yet. As such, the best strategy is to slowly start testing the waters with fundamentally strong and up-trending stocks.

Trade of the Day: Alcoa (AA)

Buying two Alcoa options together would create a strangle option trade that prices in a possible 10% move in the stock from current levels.

Trade of the Day: Ryder System (R)

We are in what I now consider to be a bear market.