Dream's Trade Ideas 04.30.2013

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    Dreams Trade Ideas by Dreamytrader 04-30-2013Stock Name last Close

    Price

    Status Key Levels Desired Set-up Entry &Stop Trade Ideas Note

    Current Watch-list

    S&P500 Index ETF

    (SPY)

    $159.68 Aiming for

    new

    historical

    high

    Near-term

    resistance is $160

    $153.50-$154 lower

    support.

    SPYs $160 likely, happen

    tomorrow given todays price

    action. If breakout occurred

    tomorrow, we had time to see

    follow-through for more clues.

    SPY is acting stronger and Bearish signs were

    fading away and Sell in May and go away

    seems unlikely at this moment with all recent

    price actions. The new question is if this is for

    real. Tricky timing for the market, be careful.

    Apple(AAPL) $442.78 Full

    charged

    rally

    $450ish-$460 area

    next resistance

    A follow-through rally day for

    AAPL, volume was higher, price

    action shown strong buying

    interest. Not a great short target for

    now due to Bulls in control.

    AAPL got a confident investment from

    Russias Wealthy, and debt issuing for capital-

    return plan in progress. Investors are cheering

    the stock again.

    Nike (NKE) $63.61 Speeding to

    higher

    $62ish lower

    support

    Long-term in Bullish mode. Seeing

    speeding for upside. Not seeing

    very attractive new entry long. Just

    holding long is enough for this

    mover so far.

    Strong last earning numbers spiked NKE into

    all-time high and it has been a very strong

    retail stock among the sector. The up-trend is

    intact for NKE despite recent market chills.

    UPS (UPS) $85.84 Earning

    gap-up

    $86 resistance UPS fell back into the range and

    buyers need to push the stock

    above the $86 for more upside.

    UPS is lucky and delivered a nice earning

    package to investors, reported EPS beat and

    REV in-line, reaffirmed guidance. This helped

    stock to stable.

    McDonalds (MCD) $102.11 Gaining

    buying

    interest

    $97.50-$98ish

    support

    MCD in early stage of a new

    range. Buying long with reasonable

    risk/reward still make sense for this

    stock.

    MCD reported EPS and REV in-line with the

    market, and guided very softly for its outlook.

    Marco environment still tough for growth but

    company is gaining its influence.

    LinkedIn (LNKD) $192.07 Forming a

    range

    above

    previous

    support

    $182-$185 area

    near-term support.

    LNKDs recent up and down swing

    is forming a new and narrowed

    range ahead of its earning and

    stand above the $185 level. Good

    earning could see $200.

    LNKDs earning is coming up as earning

    season is heating up. Price action was mixed

    but overall, LNKDs bull defended stock and

    recent price action shown buying interest

    ahead of earning date of May 2

    nd

    , after market

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    Boeing (BA) $91.40 Traded

    lower but

    downside

    limited

    $89-$91 lower

    support area.

    BAs next project is Holding the

    earning gap into near-future and

    forming a range is ideal before next

    entry long.

    Boeings strong earning with huge beat on

    EPS and REV helped stock to close higher.

    Proved that Dreamliner didnt impact BA that

    much like people feared before.

    Home Depot (HD) $73.35 Trying to

    hold high

    $73 near-term lower

    support.

    HD is forming a range above $72,

    seeing multi-rejections on recent

    daily bars. A range is nice but theprice action kind of weak here

    when market is advancing.

    With more and more news about how

    housing market is recovering, HD certainly

    found reasons to go higher in this not sodecisive market sentiment. Or, another

    housing bubble inflated by QE.

    Monsanto (MON) $106.82 Holding up $103-$105 lower

    support

    MON is working on a tradeable set-

    up for the long-side. Trading against

    the $103-$105 range for long is

    doable.

    MON reported EPS and REV beat on its Q2

    earning and raised its guidance. Stock was in

    leading position before the earning and best

    among the sector. Agricultural sector lost its

    leadership a while ago. Long way to go.

    Mosaic (MOS) $61.59 Holding up $63 resistance MOS has a good weekly chart that

    showing buying against the $62ish-

    $63 resistance and break on upside

    is the trade with entry with volume.

    MOSs recent earning was somewhat mixed

    with EPS beat and miss on REV. Guidance was

    a bit downside. The buyers are still with the

    stock so the future could be brighter for now.

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    If you like my ideas, you can subscribe to our newsletter to see the full contents with 10 days

    of Free Trial. Click >>>Dream's Trade Newsletter to subscribe. Thank You!

    Current Watch-list Featured Chart: SP500 ETF (SPY)

    Let see if the Bulls can take us to the 1600 tomorrow! We still have many key data and earnings to go this week, not to mention the Fed and ECB. Stay put !

    http://dreamstradereview.com/dreams-trade-newsletter/http://dreamstradereview.com/dreams-trade-newsletter/http://dreamstradereview.com/dreams-trade-newsletter/
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    Current Featured Chart: Halliburton Co. (HAL)

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    Current Featured Chart: Gap, Inc. (GPS)

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    Current Featured Chart: Visa Inc. (V)

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    Current Featured Chart: Under Armour, Inc. (UA)

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    Current Featured Chart: Nike Inc. (NKE)

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    Current Featured Chart: Tiffany & Co. (TIF)