Trade of the Day

Trade of the Day: Is It Time to Nab Disney Stock As It Points Lower?

DIS stock has been consolidating over the past four months or so, leading to a break lower and an ideal opportunity for a trade.

Trade of the Day: The Trend in Visa Stock Is Worth a Closer Look

V stock is tagging the lower end of its trading range, presenting a promising buying opportunity. Here's everything you need to know about trading Visa today.

Trade of the Day: Cannabis Stock Canopy Growth Looks Bounceworthy

It has been a rough few months for cannabis stocks, to say the least. CGC stock however is now sitting at an important technical support area where a bounce looks likely.

Trade of the Day: American Express Stock Points Lower for a Trade

This trade in American Express profits from weak financial stocks.

Trade of the Day: Amazon Stock Is Primed for a Bearish Trade

AMZN stock has traded in a choppy fashion over the past couple of weeks, which means Amazon is looking set up for a bearish trade.

Trade of the Day: Boeing Stock Is Set to Lose Elevation

BA stock looks to have reached a lower high once again, which means Boeing is likely ready for another leg lower.

Trade of the Day: Don’t Chase Target Stock Here

TGT stock rallied a cool 20% on Wednesday following the company's latest earnings report. At these levels Target is nearing a setup to short it for a trade.

Trade of the Day: Pfizer Stock Is Flashing Attractive Buy Signals

PFE stock recently dropped 20% following the company's latest earnings report. As a result, Pfizer has reached extreme oversold readings that could lead to a pop in the stock.

Trade of the Day: It’s a Hot Time to Trade the SPDR S&P 500 ETF Again

The SPY ETF has embarked on a slippery slope lower over the past couple of weeks. It now pays to be tactical and measure the next downside targets one at a time.

Trade of the Day: The iShares Treasury Bond ETF (TLT) Is Overbought

While I personally think the bond rally can continue in coming quarters, in the near term, the TLT ETF looks to be vastly overbought and a mean-reversion trade is setting up for active traders to feast on.

Trade of the Day: Amazon Stock Is Primed for a Bounce Trade

AMZN stock hasn't been immune to the recent stock market volatility, but Amazon looks increasingly oversold, making it a promising bounce candidate for the active trader.

Trade of the Day: It’s Not Too Late to Short the Russell 2000 (IWM) ETF

Through the September/October period, I see plenty more downside for the IWM ETF that bears could take advantage of.

Trade of the Day: It’s Time to Short the SPY ETF

Many issues are now lining up on the SPY ETF's charts that indicate the SPY's path of least resistance is lower for a mean-reversion move.

Trade of the Day: Procter & Gamble Stock Has Gone Parabolic

While I like Procter & Gamble as a longer-term play, in the near term, PG stock is vastly overbought and active investors and traders could look to the short side for a trade.

Trade of the Day: Wix Stock Is Falling Into a Bearish Trap

While trend followers enjoyed the year-to-date rally in WIX stock, it is now sporting an ominously bearish technical pattern that may soon be an issue that bears can profit from.

Trade of the Day: Is Citigroup Stock the Next Bank Name to Break Out?

C stock has been coiling in a technically well-defined pattern and now looks poised to move higher through the lens of a technical breakout.

Trade of the Day: The Bull Train In the GLD ETF Is Just Getting Started

Looking toward the coming months and quarters, the GLD ETF can reach $150 ... it just won't do it in a straight line.

Trade of the Day: Square Stock Is Getting the Bullish Squeeze

While SQ stock is just now getting back to its February highs, it has also developed further technically sound and bullish patterns.

Trade of the Day: GrubHub Stock Is Waving a Bullish Flag

After a brutal nine months for GRUB stock, it recently has been showing much better signs of life again in recent weeks and looks to be pointing to higher levels still.

Trade of the Day: Facebook Stock Has Plenty of Bullish Resiliency Left

While FB stock is essentially flat since late April, Facebook continues to trace out bullish patterns that point to higher prices in the near term.