This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

5 Huge Stocks to Trade for Gains

BALTIMORE ( Stockpickr) -- Don't stress out about your portfolio just yet -- this isn't as exciting a week for stocks as all of the Cyprus and Fed news would have you believe.

In fact, the S&P 500 is currently staging the most tepid correction it's seen since November, drooping lower in three sessions before getting scooped back up by eager equity buyers. While this latest short-term correction isn't over until the big index shoves its way above 1,563, we're hardly on the edge of the precipice and looking down. The broad market's rally is still looking extremely orderly right now, and this week's price action is a necessary step to keep the rally rolling on.

>>5 Rocket Stocks to Buy as Stocks Drop

While the price action in the S&P 500 isn't exactly nail-biting, there are some more exciting setups shaping up in its constituent stocks -- so that's what we're focusing on today. As usual, we're taking a technical look at the price setups forming in five of the biggest names on Wall Street.

If you're new to technical analysis, here's the executive summary.

>>5 Dow Dogs That Could Stomp the Market in 2013

Technicals are a study of the market itself. Since the market is ultimately the only mechanism that determines a stock's price, technical analysis is a valuable tool even in the roughest of trading conditions. Technical charts are used every day by proprietary trading floors, Wall Street's biggest financial firms, and individual investors to get an edge on the market. And research shows that skilled technical traders can bank gains as much as 90% of the time.

Every week, I take an in-depth look at big names that are telling important technical stories. Here's this week's look at the charts of five high-volume stocks to trade for gains.

>>5 Stocks Insiders Love Right Now
1 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
AAPL $118.30 0.42%
BRK.B $134.09 -0.40%
CMG $579.55 0.51%
CHA $49.67 1.10%
DEO $114.56 -1.08%


Chart of I:DJI
DOW 17,719.92 -78.57 -0.44%
S&P 500 2,080.41 -9.70 -0.46%
NASDAQ 5,108.6660 -18.8590 -0.37%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs