Trade of the Day

Trade of the Day: Alphabet Inc Stock Offers a Bounce Trade

Active traders and investors will likely find more two-way trades in mega-cap tech stocks. To wit, Alphabet Inc (GOOGL) stock now looks to offer a bounce/buying opportunity for a trade.

Trade of the Day: Amazon.com, Inc. Points to a Next Downside Target

Amazon stock remains technically overbought despite recent price weakness, and AMZN could see a next downside target about 10% lower before better support is found.   

Trade of the Day: Netflix, Inc. May Be Heading Lower Yet

Among the recent carnage of the technology stocks sell-off is Netflix stock which, all else being equal, looks to have lower levels to test still.

Trade of the Day: Smart Money Is Betting Against Tesla Inc Stock

While I sympathize with the longer-term bull case for Tesla stock, I also see an increasing amount of warning signs from a structural and technical perspective in TSLA.

Trade of the Day: Facebook, Inc. Likely Has Further to Fall

In my eye, the negative news flow from recent weeks will keep a lid on Facebook stock and longer-term investors might find better (lower) prices still to buy into FB.

Trade of the Day: Watch These Downside Price Targets for Apple Inc.

While I still believe in the longer-term growth picture of AAPL, the weekly charts are pointing to lower prices, which sets up a short-side swing trade in Apple stock.

Trade of the Day: Oracle Corporation Is Worth a Stab

Oracle stock dropped sharply following its most recent earnings report. While the selling was severe, ORCL is now at a support area where a bounce could occur.

Trade of the Day: Facebook Inc Hits Hold or Fold Time

Facebook stock fell sharply over the past couple of trading days. Although the stock may signal immediate-term oversold, an intermediate-term look reveals a more concerning pattern in play.

Trade of the Day: Is the Rally Over for the Nasdaq 100 ETF?

With its bearish reversal from last week, the Nasdaq 100 QQQ ETF now offers active traders and investors a well-defined reward-to-risk trade to the short side.

Trade of the Day: Fade Intel Corporation Stock for a Trade

Semiconductor stocks may be getting stretched in the near term. Intel stock in particular is of interest to me for a mean-reversion move lower. 

Trade of the Day: Snap Inc Could Soar From This Level

Structurally SNAP stock remains having a bullish underpinning from its February rally, which could soon lead to another leg higher.

Trade of the Day: PayPal Holdings Inc Stock Aims Toward $85

Through the lens of a simple trend following strategy, PayPal stock has a well-defined upside target for PYPL traders to take advantage of upon a breakout move.

Trade of the Day: Amazon.com, Inc. Reaches the Stratosphere

While momentum traders are loving the AMZN rally and I certainly want to respect the longer-term growth prospects of Amazon stock, to my eye the ascent is unsustainable.

Trade of the Day: Bank of America Corp Is a Breakout Mover

Bank of America stock recently had a breakout move worth respecting. Active investors and traders could now look to bet on a continuation of BAC's upside momentum.

Trade of the Day: Don’t Chase Netflix, Inc.

Netflix stock once again looks overly extended for the near term. Even a big growth stock like NFLX does not have to be chased higher and bought at any price.

Trade of the Day: Morgan Stanley Stock Is a Breakout Candidate

Although much like the broader stock market, Morgan Stanley stock has been in consolidation mode over the past few weeks, the stock looks primed for a breakout higher.

Trade of the Day: Sell Micron Technology, Inc. While It’s Overbought

Micron stock has now once again reached the very upper end price target by my work and it's time to take some MU profits through the lens of proper risk management.

Trade of the Day: Twitter Inc Sets Its Eyes on a Round Price Target

Twitter stock leaped higher by nearly 5% on Monday, continuing the stellar 2018 rally and also marking another breakout move that now eyes TWTR's next well-defined upside target.

Trade of the Day: General Motors Company Stock Gets Oversold

GM stock got hit on Thursday but is now arriving at a key technical confluence area where a trade to the upside could be setting up.