Dream's Trade Ideas 07.22.2013

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    Dreams Trade Ideas by Dreamytrader 07-22-2013Stock Name last Close

    Price

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

    Current Watch-list

    S&P500 Index ETF

    (SPY)

    $169.50 Attempted

    rally

    Near-term

    resistance $170

    SPYs steady and attempted rally

    near its $170 mark. A push-through

    the level is likely to happen. Stay

    above it clears the path to higher

    price.

    Market on steady rise and pace slowing

    down. So far the major companies earning are

    mixed and pressuring the market.

    Apple(AAPL) $426.31 Attempted

    mini rally

    $420ish area near-

    term support.

    AAPLs not seeing very active

    trading ahead of its earning

    tomorrow. Sign of lacking big

    interest.

    AAPL is expected to report a mediocre

    earning, I think in-line is the most likely. Hardly

    a game-changing report. Stock price could still

    remain at current big range.

    Nike (NKE) $63.29 Try to hold

    50D MA

    $62ish lower

    support

    Long-term in Bullish mode.

    Waiting for new entry if you are in

    this stock before. Above $65 is the

    long.

    The up-trend is intact for NKE despite recent

    market chills. Recent price action was not

    showing much trading interest. Last update to

    NKE until the price action start to get better.

    UPS (UPS) $87.61 Stable $85ish support zone UPS found some support near its

    $85 level zone. Earning ahead.

    UPS is going to report earning tomorrow,

    and co already issued a warning days before.

    LinkedIn (LNKD) $197.04 Breaking

    out failure $200ish resistance

    zone

    LNKDs last long failed to stay

    above the key level, which is $200.

    Lack of real confidence at thispoint.

    LNKD needs solid earning to push the stock

    higher.

    Boeing (BA) $106.86 Recovering $105ish support BA recovered most of its damage

    due to new Dreamliner incident.

    Still Bullish on stock price action.

    Need some time to work on the

    repair.

    Boeings expected to report earning soon

    and result is expected to be good.

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    GAP.INC (GPS) $45.07 basing Ranging and basing GPS steady rise shown some sign of

    weakness, normal after a run. It

    needs a rest. As expected, it is

    stalling and expect to move higher

    with entry on 45.50.

    GPS is expect another quarter of solid earning

    growth. Good for stock. A bullish stock.

    Discover Financial.

    (DFS)

    $50.88 Recharging In defense mode DFS is ready to test the high with

    ranging price action.

    DFS about to post its new earning report and

    people are expecting a good-looking result.

    Stay Bullish view into earning.

    Visa (V) $191.22 Retreating Pulling back from

    new high

    Visas price action has been Bullish

    for a long time, while it is Long-

    term intact, short-term price action

    not very aggressive.

    Years of strong earning and growing and not

    showing sign of slowing down, this is what

    people look for as a Bull Stock. Earning due

    soon.

    Tesla(TSLA) $122.43 Bouncing

    back

    V-shape rebound! TSLA bounced as people stepped in

    to find bottom and drove the

    stock back. Still strong when people

    in love with it.

    Hearing another analyst report saying that

    TSLA has its room for $300 price if everything

    plays out right. Sell-side analyst still could

    influence the price.Amazon (AMZN) $303.48 stalling Paused rally AMZN is one of many stocks that

    stayed strong during the correction

    and now it is very bullish for many

    days.

    AMZN continued to rise amid non-stopping

    questionable its profitability. But so far, its

    price is saying people still in favor of its

    business.

    Netflix (NFLX) $251.50 (AH) dropping Rally paused NFLX is trading down after hour

    when earning came out. I expected

    a rebound tomorrow. First gapping

    down, and reversing its course.

    NFLX beat on EPS and reported in-line Rev,

    and Street was expecting more from it and

    standard was high. Still not a bad report.

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    Current Watch-list Featured Chart: N/A

    Time to be careful but still in favor of long side at this market environment.