Trade of the Day

Trade of the Day: FireEye Inc Is on Fire for More Upside

Through the lens of technical analysis FEYE stock is forming a major base out of which it now appears ripe to rally.

Trade of the Day: Just Buy the S&P 500 SPY ETF?

Sometimes it is better to buy an index rather than single stocks. The current juncture in markets might be one of those times and the SPY ETF is setting up for a trade.

Trade of the Day: Where to Buy JPMorgan Chase & Co. After Earnings

In today's analysis I evaluate where JPM stock could be a good reward-to-risk buy again following any post-earnings weakness ... if and when that happens.

Trade of the Day: Dip a Toe Into Chevron Corporation

On the back of the recent rally in energy stocks, traders could take a chance in CVX stock with the bet that Chevron's momentum will continue in coming days/weeks.

Trade of the Day: Alphabet Inc Is a Tale of Two Time Frames

Traders could look to trade GOOGL stock long or short depending on which direction the stock will break out of its well-defined near-term trading range.

Trade of the Day: Micron Technology, Inc. Could Have More Downside

Micron stock has had a nice mean-reversion move lower and could bounce in the immediate term. Through a multi-week lens, however, MU may not be done dropping.

Trade of the Day: FedEx Corporation Is Poised for a Move

FedEx stock has seen a bumpy ride so far in 2018. The current juncture for FDX, however, sets up a buying opportunity for the active investing and trading crowd.

Trade of the Day: Apple Inc. Stock Flexes Some Muscle

The broader U.S. stock market staged a notable so called "bullish reversal" on Wednesday. Technology stocks as a sector participated nicely in the bounce, as did AAPL stock.

Trade of the Day: Adobe Systems Inc’s Impressive Relative Strength

ADBE stock continues to hold up better than its sector and despite a little pullback over the past few trading days is still higher by more than 20% for the year.

Trade of the Day: Home Depot Inc Is a Trading Bounce Candidate

There is ultimately the potential for a bigger corrective move in HD stock, for now a trading bounce opportunity is beginning to set up for traders and active investors.

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.