WINDERMERE, Fla. ( Stockpickr) -- U.S. stocks are trading slightly lower Friday as market players digest gains from the previous trading session's monster rally.At last check, the Dow Jones Industrial Average was up by 8 points while the S&P 500 was off by 4 points. The tech-heavy Nasdaq was trading down 8 points as Wall Street continues to move through the heart of earning season. Despite the lack of movement in the broad indices today, there are many stocks making monster moves higher. For example, Stamps.com (STMP) is soaring by over 24% after the company reported strong earnings on Thursday after the market close. I highlighted STMP on Wednesday as an earnings short-squeeze trade idea, and the trading breakout plan I outlined worked out perfectly. I am mentioning this to demonstrate the power of breakout trading and how it can lead to huge profits when done right. >>5 Big Stocks to Trade for Gains The top traders in the world know that markets are made up of thousands of stocks in different sectors. With so many moving parts, there's always some sector or stock that's acting strong and setting up to breakout. Trading breakouts is not a new game on Wall Street. This strategy has been by legendary traders such as William O'Neal, Stan Weinstein and Nicolas Darvas. Here's a look at a number of stocks that are setting up to break out and potentially trade higher from current levels.
E Commerce China Dangdang
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