Trade of the Day

Trade of the Day: Marriott Stock Finds Long-Term Technical Support

Shares of Marriott International MAR stock fell nearly 70% in recent weeks and has now reached promising long-term technical support buying opportunity.

Trade of the Day: Starbucks Stock Close to Wash-Out Selling Levels

While volatility is high in this market and it is impossible to pinpoint exact to the dollar levels of support or resistance, SBUX stock looks to have reached a significant confluence area of support where it could bounce.

Trade of the Day: Extreme Fear Offers Opportunity in S&P 500 SPY ETF

Markets tend to overshoot and undershoot, and the moves down are always quicker. The SPY etf is now reaching more interesting levels to nibble on the long side for a trade.

Trade of the Day: GDX Gold Mining ETF Has Multiple Tailwinds

The gold mining etf, GDX continues to show promising signs both in absolute and relative performance terms, pointing to more upside ahead.

Trade of the Day: Respect This Breakout Pattern in NFLX Stock

NFLX stock at present offers traders and investors both a structurally bullish idea as well as displays bullish behavior with breakout potential on the price charts.

Trade of the Day: Newmont Mining Stock Is Breakout Ready

Shares of gold mining stocks have traded in a choppy manner since late summer 2019. However, the bigger picture trend continues to look bullish, which should benefit shares of Newmont, i.e. NEM stock.

Trade of the Day: UAL Stock Reaching Exhaustion Selling Readings

While much uncertainty around the coronavirus remains, UAL stock through the lens of technical analysis is starting to look very oversold and ripening for a bounce.

Trade of the Day: SPY Bounce Trade Is in the Cards

In the short term it looks increasingly likely that a bounce could occur in the S&P 500 SPY etf and a specific level on the charts is where this could start coming to fruition from.

Trade of the Day: A Bullish Trade Setup in Disney Stock

The recent price action in DIS stock suggests a bid remainsand a bullish reversal pattern over the past couple of days now sets up a bullish trade with well-defined risk.

Trade of the Day: Two Ways to Trade Roku Stock After Earnings

The recent post-earnings pop and drop in ROKU stock now offers opportunity for both the trading and investing crowd.

Trade of the Day: Activision Blizzard Stock Poised for More Upside

In the bigger picture ATVI stock still has an uphill battle to fight, but in the near term more upside is possible through the lens of trend following.

Trade of the Day: FB Stock Might Have a Chart Breakout Fake-Out

The post-earnings sell-off in FB stock increasingly points to somewhat lower prices for the stock and sets up a clearly-defined reward to risk trade for active investors and traders.

Trade of the Day: Wells Fargo Stock Offers Oversold Bounce Opportunity

Stocks in the financial sector of the S&P 500 have staged impressive bullish reversals thus far this week and it could continue in WFC stock.

Trade of the Day: MSFT Stock Is in Exhaustion Buying Mode

MSFT stock is in a rally very close to exhaustion buying that will stall the stock and/or lead to mean-reversion lower for a trade.

Trade of the Day: Starbucks Stock Could Fall Further

Despite a good earnings report, SBUX stock on the charts looks poised to fall further, following the bearish reversal and gap-down move earlier this week.

Trade of the Day: Fading the Rally in Intel Stock

Although INTC stock has lagged its peersin 2019 and could thus hold up relatively well in 2020, in the immediate term the stock's rally could be ripe for a pause or mean-reversion lower.

Trade of the Day: Nasdaq 100 QQQ ETF in Risky Territory

The QQQ etf has risen about 5% year to date, on top of a viciously sharp rally in q4 2019. As a result this index and many of its largest constituent stocks are morbidly overbought in the short term and in dangerous territory.

Trade of the Day: Fading the Rally in JPM Stock

JPM stock in recent months rallied to the very upper end of its longer-term trend. After an initially bullish reaction to earnings this week, JPM stock has reversed lower and now sets up for a quick short-side trading opportunity.

Trade of the Day: More Bullish Behavior in Canopy Growth Stock

Marijuana stocks had an outstanding couple of trading days recently. The technically sound pattern developing on Canopy Growth is notable.