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 Big Stocks to Trade for January Gains

BALTIMORE ( Stockpickr) -- Just a week or so into trading in 2012, the New Year has already brought bigger stock gains than all of 2011. The question now is whether stocks can continue their trajectory.

Europe's back in the headlines again, threatening to derail the S&P 500's auspicious 2.77% start, as the possibility of a recession across the pond weighs on traders. While it was only a matter of time until the eurozone got back on investors' minds, the surprisingly low volatility of this week is at least preventing a meltdown until more conclusive data comes forward.

In the meantime, correlations between the broad market and its constituent stocks are swinging higher once again. Unlike the last quarter, where those high correlations were a death knell for trading, bullish techincals in the S&P mean that rising tides could lift all ships in the first quarter of 2012. Traders should keep an eye on the S&P 500 for a breakout above the 1290s -- that would provide a good indication that buyers are in control of the market for a change.

>>5 Large-Cap Stocks That Could Pop in 2012

Meanwhile, more zoomed-in technical trading opportunities forming in a handful of the biggest stocks.

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

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, we take an in-depth look at large-cap stocks that are telling important technical stories. Here's this week's look at the technicals of five must-see stocks.
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 $94.99 -0.02%
C $37.51 -0.79%
CIB $28.69 -1.71%
ETN $54.48 -1.14%
NLY $9.77 -0.61%


Chart of I:DJI
DOW 16,014.38 -12.67 -0.08%
S&P 500 1,852.21 -1.23 -0.07%
NASDAQ 4,268.7630 -14.99 -0.35%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs