Dream’s Trade Ideas by Dreamytrader

Stock Name
last Close Price Status Key Levels Desired Set-up Entry &Stop Trade Ideas Note

07-09-2013

Current Watch-list
S&P500 Index ETF (SPY) $165.09 Attempted rally Near-term resistance $166 SPY’s near resistance area $166. Bulls are very “humble” on the way up. Light volume uptrend as seen before. AAPL’s stock could see an up-run if above $423, still struggling on the way up. Long-term in Bullish mode. Waiting for new entry if you are in this stock before. UPS had a charged intraday rally, faded on late session. Still off the $90 area. See if it get a follow-up day tomorrow. LNKD probing the high Bullish zone but facing pressures from previous gap area. BA’s on rise new long would be here. Market is getting used to QE Tapering things and recent June Job Report was beating the estimated numbers. Earning Season started. AAPL really need some game-changing plan to boost the stock price. The up-trend is intact for NKE despite recent market chills. UPS got a boost from its peer FDX, which having a rumor that Bill Ackman, Hedge Fund manager is building a position on FDX. UPS needs a real catalyst to sustain the move. LNKD supporters not getting out.

Apple(AAPL)

$422.35

Attempted mini rally Try to hold 50D MA Charged rally today

$400ish area nearterm support. $62ish lower support $90 resistance

Nike (NKE)

$63.93

UPS (UPS)

$89.73

LinkedIn (LNKD)

$189.34

Recovering $180ish support zone

Boeing (BA)

$104.68

stalling

$101.50 support

GAP.INC (GPS)

$43.94

print new high

Isolated area.

GPS held high when market was in shaky mood. Now it could be a time for GPS to set anther high.

Boeing’s strong earning with huge beat on EPS and REV helped stock to close higher. Defense income also making BA strong, alone with other Defense companies like UTX and LMT. GPS reported a better than expected earning and its playing come back show as its business show sign of life again.

Copyright © 2013 Dream's Trade. All Rights Reserved

Discover Financial. (DFS)

$50.28

Breaking

In defense mode

DFS is ready to test the high with ranging price action. Entry $49.50 with volume. Visa’s price action has been Bullish for a long time, another rare seen weak price action today is a warning for near-term. Long-term intact. Strong price action and ranging amid market correction.

DFS had very good last earning report and its business continue to grow and competing with the V and MA. V is leading the credit card business now and its stock in good shape. Years of strong earning and growing and not showing sign of slowing down, this is what people look for as a Bull Stock.

Visa (V)

$187.20

Downside followthrough

Pulling back from new high

Wells Fargo (WFC)

$42.70

Probing higher

Bull flag breaking out above $42

Steady banking company as usual.

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Copyright © 2013 Dream's Trade. All Rights Reserved

Current Watch-list Featured Chart: N/A Today’s FDX is a good stuff and proved in this market, luck is also an important factor to make money. You never know when a famous leading investor is buying with you and how you can get paid WELL when others are chasing the stock!

Copyright © 2013 Dream's Trade. All Rights Reserved

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