Trade of the Day

Trade of the Day: The Head-and-Shoulders Pattern in Regions Financial

RF stock finished the day lower by more than 4% and looks to have further to fall. This sets up a trade for active investors and traders.

Trade of the Day: Norfolk Southern Stock Is on the Verge…

If the broader transportation group of stocks is any indication then NSC stock could soon be a pain trade for the bulls but one to press for the bears.

Trade of the Day: A Bull Case for Netflix Stock

NFLX stock in particular is coiling in a notably tight range and, barring any quick bearish reversal, the path of least resistance for Netflix points higher.

Trade of the Day: NRG Energy Is Good for a Breakout Bull Move

Within its sector, NRG Energy has been in consolidation mode for over a month and NRG stock looks ripe to break higher for bullish trades.

Trade of the Day: Financial SPDR ETF Flashes a Sell Signal

The financial sector of the S&P 500 as represented by the XLF ETF flashed near-term sell signals two days ago and I see further downside.

Trade of the Day: Facebook Stock Is a Breakout Play

Through the lens of near-term technical analysis, barring any major new headline bombs FB stock looks to have higher to go.

Trade of the Day: Starbucks Stock Sets Up for a Short

While I fundamentally like Starbucks through the longer term, in the near term SBUX stock is awfully overbought.

Trade of the Day: Boeing Stock Hits Record Overbought Level

BA stock in 2019 has pushed to fresh all-time highs, but Boeing now looks to be exhausted and ripe for a so called mean-reversion move lower.

Trade of the Day: Shorting the SPY ETF

By many measures, the current rally in the SPY ETF is historic in terms of its steepness. Signs point to buyer exhaustion in the near term.

Trade of the Day: Goldman Sachs Stock Is In Rally Posture

While I have my concerns on the banking sector through a multi-month lens, in the near term, GS stock is eyeing a well-defined next upside target.

Trade of the Day: Exxon Mobil Stock Is Poised to Rally More

XOM stock has shown good relative and absolute strength of late and now looks poised to move toward a well-defined upside price target.

Trade of the Day: PayPal Stock Traders Are Paying Up

PYPL stock rallied sharply off late-December 2018 lows, but unlike the broader market this stock is breaking to fresh all time highs and looks to continue its upside trajectory.

Trade of the Day: Skyworks Solutions Stock Reaches Monumental Resistance

After a 40% rally over the past few weeks SWKS stock is overbought. Bears can now take a stab at Skyworks from a trading perspective.

Trade of the Day: CarMax Stock Is a Rally Catch-Up Trade

Shares of KMX stock have rallied very little since the December lows. While the markets could go down from here, CarMax currently looks good for more upside.

Trade of the Day: Trade Bed Bath & Beyond Stock for More Upside

Shares of BBBY stock are displaying a high-probability pattern that could lead to further upside for a trade.

Trade of the Day: This Homebuilders ETF Has Breakout Potential

Homebuilder stocks have outperformed the broader market rally recently, and the XHB ETF now sets up for a trade with a well-defined next upside target.

Trade of the Day: United Technologies Rallies Right Into Technical Resistance

UTX stock has now rallied into a major area of technical resistance where upon a bearish reversal active investors could look on the short side.

Trade of the Day: Two Ways to Trade Adobe Stock

After a steep multiweek rally, ADBE stock has now arrived at a key technical juncture where one of two possible trades is beginning to set up.

Trade of the Day: The Biotechnology Stocks ETF Is Running Out of Steam

The charts for the IBB ETF in multiple time frames suggest the recent rally in biotech stocks is overdone for the time being.