Trade of the Day

Trade of the Day: iShares Nasdaq Biotechnology Index (ETF) (IBB)

Biotech stocks and the IBB ETF had two so called "bearish engulfing" days in recent trading days. This is a near-term warning signal.

Trade of the Day: Respect Boeing Co (BA) Stock But Don’t Chase It

BA stock has reached historic overbought readings. This sets up a trade in Boeing for the trader while letting active investors to wait for a consolidation phase.

Trade of the Day: How to Play Starbucks Corporation (SBUX) Stock After Earnings

Starbucks is scheduled to report earnings this week on Thursday. A promising trade in SBUX stock could set up on the back of this report.

Trade of the Day: Amazon.com, Inc. (AMZN) Stock Bulls May Be Getting Reckless

AMZN stock is up nearly 40% year to date and the Amazon bulls at this juncture are very loud and possibly heading in reckless territory.

Trade of the Day: The Plan for Alphabet Inc (GOOGL) Stock After Earnings

GOOGL stock is implied to move about 4%-4.5% after the earnings report. Here's what I am looking for in a high-probability Alphabet trade.

Trade of the Day: Facebook Inc (FB) Stock Is a Short-Term Short

Just in time for the July 26 earnings report, FB stock is trading at a similar technical juncture where Facebook has struggled to push higher from in the past.

Trade of the Day: CSX Corporation (CSX) Stock Is Flashing a Warning

CSX stock tripped after earnings, but this price action is bringing about new opportunities for traders and active investors.

Trade of the Day: F5 Networks, Inc. (FFIV) Stock Leaves the Bears Behind

FFIV stock has struggled year to date but recently rejected the bears' most recent selling attempt, giving F5 bulls renewed hope for a rally.

Trade of the Day: Don’t Chase Netflix, Inc. (NFLX) Stock Here

While I remain a bull on NFLX stock through the intermediate-to-longer-term lens, chasing Netflix now is a low-probability trade from where I sit.

Trade of the Day: Schlumberger Limited. (SLB) Stock Is Showing a Spark

SLB stock lifted a little less than 3% last week and from a reward-to-risk perspective, Schlumberger increasingly looks attractive at current juncture.

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.