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

4 Hot Stocks to Trade (or Not)


Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Nearest Resistance: $8.95

Nearest Support: $8.30

Catalyst: Earnings Alcoa (AA - Get Report) is another stock that's getting plenty of trading attention today. Shares are seeing huge volume after the firm announced earnings last night, officially kicking off earnings season for the second quarter. Alcoa beat analyst estimates for the quarter -- but just barely -- pulling in 6 cents per share in profits before one-time charges got recorded. Analysts had expected the company to earn 5 cents. Shares initially popped higher on the news, but they're down around 4% as I write after Mr. Market made an about-face of his own.

>>5 Stocks Set to Soar on Earnings

From a technical standpoint, though, Alcoa's earnings aren't a huge deal. The company is one of the most inconsistent names when it comes to earnings (making it ironic that it kicks off numbers each quarter), and it effectively fell in-line with Wall Street's expectations. Shares are stuck in between resistance at $8.95 and support at $8.30.

Until AA exits that range, it's making "easy moves." Wait for a breakout before trading it.
3 of 5

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
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
Only $49.95
14-Days Free
14-Days Free
MAKO $0.00 0.00%
AA $7.54 0.00%
BAC $11.98 0.00%
GE $28.30 0.00%
AAPL $94.27 0.00%


Chart of I:DJI
DOW 15,914.74 -99.64 -0.62%
S&P 500 1,851.86 -0.35 -0.02%
NASDAQ 4,283.5920 +14.8290 0.35%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs