Trade of the Day

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.

Trade of the Day: Facebook Inc Is Ripe for a Tactical Trade

Facebook stock as a result of the past two days of weakness may have formed a lower high and a short-side FB trade toward the February lows is setting up.

Trade of the Day: Aim for This Clear Alphabet Inc Upside Target

GOOGL stock despite its sharp rally over the past two weeks has yet to revisit its January highs. This sets up an opportunity for traders looking for a catch-up trade.

Trade of the Day: Boeing Co Stock Could Take Off Again Soon

After a few weeks of consolidation, Boeing stock is once again showing relative strength that could lead to a next breakout trade to the upside.

Trade of the Day: Snap Inc Stock May Finally Be Taken Seriously

SNAP stock has been consolidating over the past couple of weeks, but the recent bullish mark on the chart is notable and could lead to significantly higher prices later this year.

Trade of the Day: More Downside Ahead for Walmart Inc Stock

As a result of Walmart down-gap motion on heavy volume in WMT stock after an earnings miss a short-side trade now sets up for active investors and traders.

Trade of the Day: United Parcel Service, Inc. Is a Trend-Follower

As a result of its recent decline, UPS stock has entered a critical technical confluence zone of support where active investors and traders may find buying opportunities.

Trade of the Day: Amazon.com, Inc. Could Remain Choppy

While Amazon.com remains a stellar growth engine, AMZN stock, particularly on the weekly chart, seems to signal further choppiness ahead.

Trade of the Day: Apple Inc. Stock Has This Hurdle to Overcome

While the rally in AAPL stock in recent days has been promising, there is a near-term level Apple must address.

Trade of the Day: Under Armour Inc Is Worth a Look Again

UA stock's price action in recent weeks, and particularly following Tuesday's earnings report, now look like a bullish Under Armour trade is setting up.