Trade of the Day

Trade of the Day: A Bullish Signal for JPMorgan Stock

Through the lens of technical analysis, JPM stock completed an intermediate-term topping process last year but still looks to have some upside.

Trade of the Day: Amazon.com Stock Reaches Tough Overhead Resistance

AMZN stock is entering a major layer of technical resistance that could prove difficult to get past. Traders could even look to play a short-side trade.

Trade of the Day: Industrial stocks XLI ETF Is Setting Up for a Short

Industrial stocks as represented by the the XLI ETF are one area where traders could look for short-side opportunities again.

Trade of the Day: Barrick Gold Stock Is One to Watch in 2019

The price of gold has advanced nicely since the lows in the summer of 2018. This makes gold stocks like ABX look like they want to break out in 2019.

Trade of the Day: JPMorgan Stock Is Its Most Oversold Since 2009

While I foresee plenty of volatility ahead in 2019, right now JPM stock and others have reached oversold levels where we may see bounces.

Trade of the Day: FedEx Stock Is So Bad It’s Good

FDX stock has dropped about 40% since January and more than 20% since November. Traders should watch for a sharp countertrend bounce.

Trade of the Day: Goldman Sachs Stock Is Ripe for a Contrarian Trade

Financial stocks have been beaten down, and GS stock has been hit hard, but the time may be here for a contrarian play.

Trade of the Day: This Is How Far the QQQ Tech ETF Could Fall

After a challenging year in 2018, the QQQ ETF has plenty further downside in 2019 and more volatility for active investors and traders to feast on.

Trade of the Day: Plenty of Downside for the S&P 500 in 2019

It has been a choppy year for this index and thus many/most of its constituent stocks. There looks to be plenty of further volatility ahead for the SPY ETF.

Trade of the Day: Stanley Black & Decker Offers a High-Probability Short

A bearish reversal in industrial stocks now looks to set up SWK stock for a bearish play that active investors could sink their teeth into.

Trade of the Day: Consumer Staples Stocks Are Showing Great Relative Strength

Considering the multiyear underperformance of consumer staples stocks, the XLP ETF looks likely to shine, at least relatively.

Trade of the Day: With Fewer Rate Hikes, Consider Lennar Stock

Homebuilders such as Lennar have reached a crucial near-term level where upside momentum in LEN stock could accelerate from.

Trade of the Day: Microsoft Stock Is Flashing Bullish Signals

MSFT stock last week bounced off an area of support that active investors and traders could lean against for a Microsoft trade for now. 

Trade of the Day: Alphabet Stock Reaches Technical Support Worth Respecting

As momentum stocks continue to drop, some names such as  Alphabet are starting to reach good support areas. Keep an eye on GOOGL stock.

Trade of the Day: Activision Blizzard Stock Is in Buy Territory

Shares of Activision Blizzard have lost nearly 40% in value since early October and ATVI stock is ripe for an oversold bounce.

Trade of the Day: Dabble in Beaten-Up Schlumberger Stock

In the near-term, the sell-off in the price of oil as well as in oil stocks like SLB stock looks to be overdone. A year-end bounce is in the cards.

Trade of the Day: Deere Stock Is Now a Short

After a steep counter-trend bounce, DE stock is now hitting technical resistance where traders could look to re-initiate short-side trades.

Trade of the Day: Apple Stock Is Nearing Buy Levels

AAPL stock is nearing technical support that could bode well for a year-end rally sooner rather than later for Apple.

Trade of the Day: Take a Juicy Bite of McDonald’s Stock

McDonald's stock looks ready to move past its current consolidation phase. Here's what to keep an eye on in MCD.