Trade of the Day

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.

Trade of the Day: Chase AAPL Stock Higher at Your Own Risk

By Serge Berger, InvestorPlace Contributor
It has been another impressive year for AAPL stock, but it has now reached a critical technical inflection point just as the company is about to report earnings. Chase AAPL stock higher from here at your own risk...
Load More