Trade of the Day

Trade of the Day: Amgen, Inc. (AMGN) Stock Is a Standout

AMGN stock rallied 1% on Wednesday, and while no major feat in percentage terms, on the charts Amgen looks constructively positioned.

Trade of the Day: First Solar, Inc. (FSLR) Stock Is Shining

While FSLR stock remains in a longer-term bearish trend, the trend in recent weeks has turned decidedly bullish. First Solar is worth a look.

Trade of the Day: Twitter Inc (TWTR) Stock Is Itching for a Rally

TWTR stock through a multimonth lens remains in a consolidation phase but Twitter increasingly looks to be attracting buyers for a potential next leg higher.

Trade of the Day: Costco Wholesale Corporation (COST) Stock

After a 15% drop, COST stock has reached a critical long-term support level on the Costco charts, where bounces or even reversals could occur.

Trade of the Day: Don’t Try to Catch Snap Inc (SNAP) Stock … Yet

SNAP stock is arguably one of the sadder stories for investors year to date. Yet, there may be hope for Snap Inc on the horizon.

Trade of the Day: Watch Starbucks Corporation (SBUX) Stock Now

SBUX stock has tumbled a sharp 12% over the past month and Starbucks is nearing a confluence support area on the chart where reward-to-risk is better.

Trade of the Day: Tesla Inc (TSLA) Stock’s First Downside Target Reached

TSLA stock dropped sharply on Wednesday and has now reached my first downside target, yet more Tesla downside looks likely through a multiweek lens.

Trade of the Day: Alphabet Inc (GOOGL) Stock Has Further to Fall

Despite a good mean-reversion move lower in recent weeks I see some more downside ahead for GOOGL stock in the near term.

Trade of the Day: Apple Inc. (AAPL) Stock Needs a Change to Become a Buy

Don't just blindly get back into AAPL stock. Perspective is needed in Apple and here is what needs to happen first for a better buying opportunity.

Trade of the Day: Respect Netflix, Inc. (NFLX) Stock’s Signs for Now

Like it or not, NFLX stock has been near-term bearish since June 9. Here is a trade idea that I see setting up right here, right now in Netflix.

Trade of the Day: JPMorgan Chase & Co. (JPM) Stock Gets a Green Light

JPM stock rallied on Wednesday, and through the lens of chart analysis made moves that look to promise higher JPMorgan prices to come.

Trade of the Day: With Wal-Mart Stores Inc (WMT) Stock, Focus Near-Term

Although the bigger picture trajectory for WMT stock remains a choppy mess, a near-term Walmart trade with well-defined parameters is setting up.

Trade of the Day: Home Depot Inc (HD) Stock Is a Tale of 2 Timeframes

HD stock dropped sharply over the past few trading sessions and Home Depot has broken some important near-term technical support areas.

Trade of the Day: Get On the Norfolk Southern Corp. (NSC) Stock Train

With quarter-end in sight I am looking for the next group of stocks seeing money coming in, and NSC stock looks ripe. Watch the Norfolk Southern train.

Trade of the Day: FireEye Inc (FEYE) Stock May Soon Be on Fire

FEYE stock rallied on Thursday and FireEye looks promising to make a next leg higher following its recent up-gap and some consolidation in recent weeks.

Trade of the Day: The Energy Select Sector SPDR (ETF) (XLE) Is Worth a Look Again

Albeit still trending lower, the XLE ETF and many energy stocks are nearing oversold levels and potential technical support areas.

Trade of the Day: Cisco Systems, Inc. (CSCO) Stock Offers Good Reward to Risk

CSCO stock is locked in a multiweek consolidation phase, but Cisco looks ripe to break out of this range in one direction or another. Traders take notice.

Trade of the Day: Intel Corporation (INTC) Stock Is a Catch-Up Play

INTC stock is down more than 2% this year, diverging from the tech sector and the semiconductor stocks. Now Intel flashed a buy signal.

Respect Tesla Inc (TSLA) Stock But Stop the Chase!

Tesla has become near-term overbought. Tactical investors should consider taking some profits, while others may try TSLA stock as a short.