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 Blue-Chip Stocks to Trade for Gains: Must-See Charts


It makes sense to begin with the broad market. To do that, we'll turn to our best investible proxy for "stocks" as a group: the SPDR S&P 500 ETF (SPY). The S&P essentially went straight up for all of 2013, but 2014 became a lot harder to decode thanks to a deep correction in January and a sideways churn that spanned from March to the end of May.

>>Move In to Hedge Funds' 5 Favorite REITs This Summer

But through it all, the most important takeaway has been the fact that nothing really changed in 2014; the S&P continues to be a "buy the dips market". We've just got to wait for the next dip.

Since late 2012, the S&P has been bouncing its way higher within an uptrending channel defined by a pair of parallel trend lines. That channel still identifies the high-probability range for SPY to stay within. Every test of trend line support in those last 19 months has provided a low-risk buying opportunity for investors.

With the big index near the top of its channel right now, another correction looks likely toward the end of this month, but that will be followed up by another ideal buying opportunity for stocks near that trend line support level.

2 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
SPY $206.33 -0.54%
ACN $112.92 -1.23%
CRH $29.11 -0.51%
WYN $70.95 -0.94%
AAPL $93.74 -1.15%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs