Stock of the Day

ServiceNow, Inc. (NYSE:NOW) shares are moving higher Friday. This follows yesterday's selloff of almost 18%. The move came after the company reported its earnings. It looks like a new trading range has formed. This is why we have made ServiceNow the Stock of the Day. Some people think that stock...

Micron Technology, Inc. (NYSE:MU) is giving back some of its recent gains in early Thursday trading. The shares broke resistance on Wednesday. They have also been in a strong upward trend. These can both be bullish dynamics that could suggest a further move higher. This is why Micron Technology is...

UnitedHealth Group Incorporated (NYSE:UNH) is trending higher on Wednesday. The shares made a large move higher yesterday after the company — or Stock of the Day — reported earnings. As you can see on the chart below, it is testing an important resistance level. The chances of a reversal or a...

Avis Budget Group, Inc. (NASDAQ:CAR) shares have gained more than 500% in less than a month. They now appear to be in a short-squeeze. Once a short-squeeze ends, shares tend to give back a big part of their gains. This is why Avis is the Stock of the Day. If a trader believes that a stock is going...

Hewlett Packard Enterprise Company (NYSE:HPE) shares are moving higher on Monday. They had stalled at resistance around the important $25.75 level. But now that this resistance has broken, it could be bullish. This is why we have made Hewlett Packard our Stock of the Day. As you can see on the...

AT&T Inc. (NYSE:T) is trading sideways on Friday, after shares made a large move higher yesterday. There is a good chance there is some follow-through.  This is why AT&T is the Stock of the Day. Successful traders understand ‘price action'. The action in AT&T was strong yesterday. Not...

IonQ, Inc. (NASDAQ:IONQ) shares continue to rally in early Thursday trading.  They have moved significantly higher since announcing a significant new contract. They also may have broken resistance, and this could be a bullish dynamic. This is why it is the Stock of the Day. Certain price levels are...

Shares of Amazon.com, Inc(NASDAQ:AMZN) are trading higher on Wednesday and getting close to their previous all-time highs. Stocks tend to encounter resistance when they return to previous peaks or tops. This is why Amazon is the Stock of the Day. Some people think that technical analysis is like...

Shares of Oracle Corporation (NYSE:ORCL) continue to move higher in pre-market trading on Tuesday, reversing yesterday’s pullback off a support level. This is why Oracle is the Stock of the Day. In January and early February, Oracle was in a downtrend. There were more shares to be sold than...

Broadcom Inc. (NASDAQ:AVGO) is our Stock of the Day, as it continues to trend higher on Monday, and there is a good chance this uptrend continues. If a stock makes a rapid move through price levels, then eventually consolidates and returns to those levels, it is likely to move quickly back through...

ServiceNow, Inc. (NYSE:NOW) has been trending lower over the past year, and Friday, April 10, is no different. But the downtrend could end here. Shares of the software company are oversold and at a possible support level. These can be bullish dynamics, which is why ServiceNow is our Stock of the...

Carnival Corp (NYSE:CCL) is trading lower on Thursday. The shares gained more than 11% yesterday. Analysts attribute the move to President Donald Trump's announcement of a ceasefire in Iran and the drop in oil prices. But the shares have hit resistance, and the rally has stalled. Carnival is...

Lumentum Holdings Inc. (NASDAQ:LITE) is trading higher on Tuesday. It may be on the verge of a breakout. • Lumentum Holdings stock is among today’s top performers. But sometimes when a stock appears to have broken out, it reverses rapidly and gives back all of its gains. Traders...

Tesla, Inc. (NASDAQ:TSLA) shares are trading lower on Monday. They have been in a downtrend, and there's a good chance this trend continues. An important support level may have broken and this could be a bearish dynamic, making Tesla the Stock of the Day. • Tesla shares are retreating from...

Nike, Inc. (NYSE:NKE) shares are moving sideways on Thursday. They dropped more than 15% yesterday after the company released earnings. There is a chance they have reached an important support level. This is why Nike is the Stock of the Day. Some old Wall Street adages and sayings aren't just myths...