Trade of the Day

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

By Serge Berger, InvestorPlace Contributor
Marijuana stocks had an outstanding couple of trading days recently. The technically sound pattern developing on Canopy Growth is notable.

Trade of the Day: TSLA Stock Reaches Historic Overbought Readings

By Serge Berger, InvestorPlace Contributor
While I personally like what Tesla is doing as a company, TSLA stock in the near term is likely getting very overbought. Less risk averse active traders and investors could look at it from the short side for a trade.

Trade of the Day: Big Lots Stock Has a Big Rally Ahead

By Serge Berger, InvestorPlace Contributor
BIG stock began to rally in a meaningful way last month (December 2019). Now, after a multi-week pause the stock looks poised to continue this rally.

Trade of the Day: AAPL Stock a Big Risk to the Entire Stock Market

By Serge Berger, InvestorPlace Contributor
Through the lens of just about any metric I can come up with AAPL stock is now historically overbought and a risky bet for investors or traders looking to buy it.

Trade of the Day: Gold Miner ETF GDX Scores a Breakout

By Serge Berger, InvestorPlace Contributor
In the two otherwise quiet trading sessions ahead of Christmas gold mining stocks had a classic chart breakout. In my eye this is a sign of things to come, i.e. higher prices for the GDX etf in coming weeks/months.

Trade of the Day: FB Stock Gearing up for Another Breakout

By Serge Berger, InvestorPlace Contributor
Shares of Facebook continue to grind higher and now looks to be coiling up for another move higher toward a well-defined next upside target.

Trade of the Day: Verizon Stock Coiling for a Break Higher

By Serge Berger, InvestorPlace Contributor
VZ stock has traded in an increasingly bullish pattern of late. This could translate into a chart breakout.

Trade of the Day: Intuit Stock Hanging on by a Thread

By Serge Berger, InvestorPlace Contributor
After falling 15% from recent highs, INTU stock's chart points to further weakness ahead. This stock continues to show absolute and relative weakness.

Trade of the Day: Schlumberger Stock Is a Catch-Up Play

By Serge Berger, InvestorPlace Contributor
Energy stocks like Schlumberger SLB stock in recent weeks have begun showing signs of life after notable underperformance. This could bode well into year-end and into 2020.

Trade of the Day: Warm up With Campbell Soup Stock

By Serge Berger, InvestorPlace Contributor
CPB stock rallied following the company's latest earnings report. Despite a marginally lowered outlook CPB stock held in well and on the charts scored a technical breakout that could serve it well in coming weeks.

Trade of the Day: Dollar Tree Stock Becoming a Penny Bargain

By Serge Berger, InvestorPlace Contributor
DLTR stock fell more than 20% over the past few trading sessions. From a price action perspective in the near term the stock is now getting markedly oversold and ripe for a tradeable bounce.

Trade of the Day: The Year-End Bull Case for the Russell 2000

By Serge Berger, InvestorPlace Contributor
The IWM ETFtrotted sideways for most of the year after a rally in January and February. The recent breakout attempt however is getting attention and could indeed result in more upside through year-end 2019.

Trade of the Day: Canopy Growth Leaves Bullish Mark on the Charts

By Serge Berger, InvestorPlace Contributor
Cannabis stocks like CGC stock rallied on November 20th, which in turn left a notable bullish mark behind on the chart. All else being equal this now calls for more upside in the stock.

Trade of the Day: Home Depot Stock Points Lower Still

By Serge Berger, InvestorPlace Contributor
HD stock tumbled more than 5% on Tuesday November 19th after the company's latest earnings report. Through the lens of technical analysis Tuesday's price action qualifies as a so called 'bearish reversal,' which is to say that HD stock may have lower to go in coming days/weeks.

Trade of the Day: KSU Stock Is Losing Steam

By Serge Berger, InvestorPlace Contributor
KSU stock has rallied in near-vertical fashion in recent weeks and at this stage is notably overbought. It sets up for a short-side play.

Trade of the Day: A Cost-Effective Bullish Trade in CMG Stock

By Serge Berger, InvestorPlace Contributor
The recent retracement in CMG stock was a much needed reprieve and the stock now looks ready to make another rally attempt. Additionally, the options market currently offers affordable ways to buy CMG stock for a trade.

Trade of the Day: THC Stock Offers Bearish Opportunities

By Serge Berger, InvestorPlace Contributor
After a near vertical rally, THC stock is now dangerously overbought in the near term, offering opportunity to the bears with a well-defined downside target.

Trade of the Day: A McRebound Trade in MCD Stock

By Serge Berger, InvestorPlace Contributor
On the charts, MCD stock has reached a notable area of technical support where a tradeable bounce is likely to occur.

Trade of the Day: GRMN Stock Losing Orientation on the Upside

By Serge Berger, InvestorPlace Contributor
The latest rally in GRMN stock has taken it into parabolic overshooting mode. A short-side trade is setting up for active investors and traders.
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