Trade of the Day

Trade of the Day: Tesla Inc Sets Up a New Short-Side Trade

Although a 3% move in TSLA stock on any given day is hardly newsworthy given its volatile nature, Monday's drop sets up a new short-side trade for active investors in Tesla.

Trade of the Day: Facebook Inc Travels Too Far, Too Fast

While through the lens of fundamental analysis FB stock in my eye has plenty going for itself, the charts for the near-term are singing a different tune.

Trade of the Day: Two Trade Ideas in General Dynamics Corporation

GD stock currently sits at an interesting technical juncture where two trades are setting up, depending on one's desired time frame, in General Dynamics.  

Trade of the Day: Bank of America Corp Is Getting Back on Its Feet for a Trade

Stocks such as Bank of America Corp (NYSE:BAC) now are getting back on their feet after a choppy first quarter. Specifically for BAC stock a next upside target is well defined,  just as a stop loss level.

Trade of the Day: A Waste Management, Inc. Stock Dumpster Trade

Shares of Waste Management are currently wedged between two well-defined technical areas. Active investors can look to place trades here as WM stock looks ready to move downward.

Trade of the Day: Chesapeake Energy Corporation Is a Falling Star That Could Rally

CHK stock is fallen star that now, however, could see a tradeable rally as a result of a broader based rally in energy stocks.

Trade of the Day: BlackRock, Inc. Stock Is a Rock-Solid Bounce Candidate

Bullish reversals have taken place on many daily charts, including on that of BlackRock. A long-side swing trade in BLK stock now is setting up against well-defined technical support.

Trade of the Day: Micron Technology, Inc. Could Head Down to Its 200-Day Moving Average

For the more nimble active investors, increased volatility brings about opportunity to trade the  market in both directions. Such is the case in the current setup in MU stock.

Trade of the Day: Apple Inc. Stock Embarks on Lower Highs

AAPL stock rallied more than 4% on Wednesday following its latest batch of earnings. Apple stock now looks to be overbought again at the upper end of its trading range.

Trade of the Day: Boeing Co Is Still Overbought

Boeing is at risk of seeing more reversion to the mean to the downside. This sets up well-defined trades to the short side for active investors and traders in BA stock in particular.

Trade of the Day: eBay Inc Stock Is a Short

Through the lens of technical analysis, EBAY stock left behind what we call a bearish outside reversal candle, which (as the name indicates) should point the stock to lower levels.

Trade of the Day: The Semiconductor ETF (SMH) Is Set Up for a Trade

After a 16% drop since early March, the SMH ETF has now arrived at a critical technical  juncture where a tradeable bounce could set up.

Trade of the Day: Twitter Inc Holds the Line After Earnings

TWTR stock fell 2.4% after earnings as investors showed some concerns around the outlook. Still, Twitter is now at a level where active investors could look to place long-side swing trading bets. 

Trade of the Day: The Bearish Reversal in Caterpillar Inc. Constructs a Trade

After earnings, Caterpillar stock left behind on the daily chart what we refer to as a bearish reversal day that likely calls for further weakness in CAT in coming weeks.

Trade of the Day: Here’s How to Trade Amazon.com, Inc. Following Earnings

Amazon stock has traded out a well-defined trading range over the past couple of months. Traders could look to place trades in AMZN following the April 26 earnings report.

Trade of the Day: Alcoa Corp Travels Too Far Too Fast

Given the sharp run-up of late active investors and traders could look to set up income trades or take at least partial positions on any long-side swing trades in AA stock.

Trade of the Day: Be Careful in Advanced Micro Devices, Inc. After Earnings

AMD stock currently trades at a critical juncture, and a trade may be setting up following Advanced Micro's earnings report next week.

Trade of the Day: Home Depot Inc Builds Upside Momentum for a Trade

Through the lens of technical analysis, Home Depot stock displayed bullish behavior on Wednesday, and HD now looks to be in good position for a trade higher.

Trade of the Day: Don’t Chase Phillips 66 Stock

Although Phillips 66 stock looks constructive through the longer term lens, in the near term PSX is increasingly overbought and at risk of stalling or mean-reverting lower.