Trade of the Day

Trade of the Day: Amgen Is a Strong Stock in a Giddy Industry

AMGN stock has seen a steady incline since May and one that has good odds of continuing. This is sponsored by a general bid in the healthcare and biotechnology sectors.

Trade of the Day: Electronic Arts Is Ripe for the Picking

Much of the recent drop in EA stock came after its July earnings report. As a result, Electronic Arts has arrived at a crossroads that could offer technical support for a bounce. 

Trade of the Day: Is It Finally Time to Buy Alibaba Stock?

Among the casualties of a downdraft in Chinese stocks is behemoth Alibaba, which is reaching a key inflection point just ahead of its earnings report next week. I see a bullish trade setting up in BABA stock.

Trade of the Day: The Bear Case for Starbucks Stock

Over the past couple of months SBUX stock has violated some crucial technical support areas which is just one reason why in my eye this name has plenty more to run on the downside.

Trade of the Day: Deckers Outdoor Stock Could Trot Higher

DECK stock has been exhibiting a series of constructive moves, and that should now provide an opportunity for Deckers bulls to pounce on.

Trade of the Day: UPS Stock Has Upside Squeeze Potential

UPS stock had an explosive rally following the company's July earnings report. Its consolidation period since then looks increasingly likely to resolve to the upside.

Trade of the Day: A Bullish Trade on Regional Banks

The regional bank ETF, i.e. the SPDR S&P Regional Banking ETF (KRE) offers a good reward-to-risk trade just as the broader financial sector is showing signs of life again.

Trade of the Day: Caterpillar Is a Short

Following Caterpillar's earnings report earlier this week, CAT stock now looks ripe to continue its slide lower ... offering active investors and traders an opportunity.

Trade of the Day: 2 Ways to Trade Facebook After the Earnings Bloodbath

FB stock is dropping hard after earnings. Luckily this drop also provides opportunity. Here are two specific ways I am looking to capitalize in Facebook.

Trade of the Day: Buy Lockheed Martin Stock at This Level

LMT stock managed to shake off the sellers by day's end on Tuesday following the earnings report, and that sets the stock up with a well-defined price level above which it can be bought for a trade.

Trade of the Day: Citigroup Flags a Bullish Reversal

Citigroup recently reported earnings and it has since firmly planted a bullish reversal on its charts. This sets up bullish near-term trading opportunities in C stock.

Trade of the Day: Michael Kors Stock Is Ripe for the Picking

KORS stock, although higher for the year, is lagging the consumer discretionary stocks rally and is still showing plenty of giddiness for a breakout to the upside.

Trade of the Day: Walmart Stock Looks Ripe to Resolve Higher

For the past four months, WMT stock has found itself in a new consolidation phase which, in my eye, now stands a good chance of resolving to the upside for a trade.

Trade of the Day: Starbucks Stock Sets Up for a Bounce Into Earnings

The intermediate to longer term charts for Starbucks stock are now in bearish territory, but into July earnings, SBUX now sets up as a bounce candidate.

Trade of the Day: Micron Technology Broke Its Upside Momentum

MU stock looks to point lower through a multiweek lens, and active investors and traders can set up trades to position for more downside in Micron.

Trade of the Day: Marathon Oil Is Your Next Breakout Candidate

MRO stock is showing some very sound technical behavior on the charts and could soon reward traders positioned for another move higher.

Trade of the Day: Alibaba Stock Sets Up for Another Rally

BABA stock has largely trotted sideways over the past couple of weeks. The charts, however, now point out that Alibaba is setting up for another leg higher.

Trade of the Day: Boeing Co Stock Is Set to a Lower Altitude

BA stock has fallen just shy of 10% recently, partly due to trade war fears with China. It now looks like the stock is capped for the time being, which sets up a trade idea.

Trade of the Day: Alphabet Inc Stock Is Playing Catch-Up

GOOGL stock for the past few months has displayed notable relative weakness compared to the Nasdaq 100. But things could be about to change for Alphabet.