This Day On The Street
Continue to site right-arrow
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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Friday's Big Swing Trades: NiSource, PolyOne, Republic Airways

Stocks in this article: BIOS CARB JIVE NEPT NI NTLS POL RJET

"The more that you read, the more things you will know. The more that you learn, the more places you'll go."
-- Dr. Suess

NEW YORK (TheStreet) -- Hello, traders! Today's big swing trade ideas are NiSource (NI), PolyOne (POL) and Republic Airways Holdings (RJET)

1. First, let's look at NiSource, an energy holding company that provides natural gas, electricity and other products and services. It operates through three segments: gas distribution operations, Columbia Pipeline Group operations, and electric operations. NiSource traded positive on Thursday, closing up 1.93% to $37.02 per share.It is currently at $36, up 10% for the year to date.

  • Thursday's range: 36.35 - 37.17
  • 52-week range: 27.11 - 37.17
  • Thursday's volume: 2,437,167
  • 3 month average volume: 2,030,070

NiSource is an amazing chart -- and there aren't many charts like this anymore. It's good for swing traders and long-term investors alike. NiSource has been in a major uptrend since March 2009, like the overall market. NiSource has had so few major corrections.

NiSource reported positive earnings on Wednesday and shares traded up as a result. I would like an entry inside Thursday's candle, say between $36.35 and $37.15. Any entry below yesterday's high would be a good entry. Shares will likely consolidate for a few days since shares traded up to the top of the current trend channel Thursday. I'd set a stop as low as $34.84. I like to start with a quarter position, add and another to that position on strength, and on pullbacks. 

The sentiment is clear with NI. Stay long. Investors love it. Expect it to rise and fall with the market, and watch your profits grow. 

2. Next up is PolyOne. The company provides specialized polymer materials, services, and solutions with operations in specialty polymer formulations, color and additive systems, plastic sheet and packaging solutions, and polymer distribution. PolyOne traded positive on Thursday, closing up 0.48% to $37.65 per share. Shares are currently close to $39 and are up 10% for the year to date.

  • Thursday's range: 36.67 - 38.42
  • 52 week range: 22.00 - 39.28
  • Thursday's volume: 1,451,832
  • 3 month average volume: 872,769

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs