24/7 Trade of the Day

Trade of the Day: Under Armour (UA)

While Under Armour did pull back 20% during the downturn, it is bouncing back quickly.

Trade of the Day: Krispy Kreme Doughnuts (KKD)

Krispy Kreme has been missing on revenue numbers, and I think that trend will continue this quarter.

Trade of the Day: ProShares UltraShort Oil & Gas

In the current energy environment, playing the downside is the best play. DUG is currently bullish and is one of the best performing inverse ETFs in the Turner Analytics database.

Trade of the Day: PowerShares QQQ Trust (QQQ)

The 50-day moving average for the Nasdaq is now below the 100-day moving average.

Trade of the Day: CSX Corp. (CSX)

I would recommend buying puts into this rally, and the market should ultimately move lower. Here’s one of the highest-probability opportunities I see right now.

Trade of the Day: Twitter (TWTR)

As much as many investors hoped it would be, Twitter (TWTR) is no Facebook (FB).

Trade of the Day: Financial Select Sector ETF (XLF)

This trade is based on my expectation that the XLF will decline in the short-term.

Trade of the Day: iPath VIX Short-Term Futures (VXX)

My suspicion is that the market did sufficiently test the lows with Monday’s late-afternoon decline and cleared out a lot of weak hands.

Trade of the Day: Watching the Consumer Discretionary ETF (XLY) For Signals

The financial stocks could continue to struggle until the Fed makes a move in September.

Trade of the Day: Murphy Oil Corp. (MUR)

The S&P 500 traded down to the bottom of its persistent range before eventually breaking through it to the downside.

Trade of the Day: Visa (V)

From a technical standpoint, we are excited to see that support at about $73 held on the same day Visa went ex-dividend

Trade of the Day: Progressive Corp. (PGR)

Progressive shares have climbed about 14.5% YTD and remain in a material uptrend.

Trade of the Day: Investors Bancorp (ISBC)

The stock has been in a bullish trend along with its industry (Savings and Loans) for nearly eight months and is outperforming its sector (Financials).

Trade of the Day: Bank of America (BAC)

Call options give traders numerous setups to play a possible run for Bank of America to $18-$18.50 over the near term.

Trade of the Day: Time Warner (TWX)

We may get a temporary uptick in stock prices but my projection is we’ll stay stuck in this range until the market breaks down through it.

Trade of the Day: KB Home (KBH)

If KB Home shares can trade to $17 by mid-October, these options will be $1 “in the money.”

Trade of the Day: Micron Technology (MU)

Drexel Hamilton downgraded Micron Technology (MU) last week.

Trade of the Day: WhiteWave Foods (WWAV)

The New Age food company has profitably capitalized on its growing niche, with a share price that has risen more than 200% in the past five years.

Trade of the Day: Twitter: (TWTR)

Looking at a short-term put and a longer-term call in Twitter (TWTR) makes sense.