Dream's Trade Ideas 07.23.2013

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    Copyright 2013 Dream's Trade. All Rights Reserved

    Dreams Trade Ideas by Dreamytrader 07-23-2013Stock Name last Close

    Price

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

    Current Watch-list

    S&P500 Index ETF

    (SPY)

    $169.23 Attempted

    rally

    Near-term

    resistance $170

    SPYs steady rise facing pressure

    from $170 mark.

    Market on steady rise and pace slowing

    down. So far the major companies earning are

    mixed and pressuring the market. Lacking of

    catalyst to give a big shot.

    Apple(AAPL) $430ish

    (AH)

    Earning $420ish area near-

    term support.

    AAPLs trading $430ish after

    release of its earning and price

    action was not strong. Watch for

    gap fill tomorrow.

    AAPL as expected, reported a dull earning,

    CEO Cook defended Apple but still company is

    slowing down even it is making big money.

    UPS (UPS) $87.51 Stable $85ish support zone UPS had not unusual action due

    to pre-released warning from theCo.

    UPS reported and met peoples expectation.

    EPS and REV both in-line. Stock price alreadyreflected.

    LinkedIn (LNKD) $194.51 Breaking

    out failure $200ish resistance

    zone

    LNKDs last long failed to stay

    above the key level, which is $200.

    Lack of real confidence at this

    point.

    LNKD needs solid earning to push the stock

    higher.

    Boeing (BA) $107.79 Recovering $105ish support BA could see $110 if it has a good

    earning tomorrow.

    Boeings expected to report earning

    tomorrow and result is expected to be good.

    UTX and LMT both upbeat and BA should do

    the same.

    GAP.INC (GPS) $44.87 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.

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    Copyright 2013 Dream's Trade. All Rights Reserved

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    Discover Financial.

    (DFS)

    $50.71 Recharging In defense mode DFS is still sitting long-side and

    earning should give it support for

    higher price.

    DFS beat on both EPS and REV as expected but

    stock didnt make big move during after-hour

    when it reported.

    Visa (V) $188.58 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

    is weak.

    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

    tomorrow.

    Tesla(TSLA) $122.71 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) $301.06 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) $250.26 dropping Rally paused NFLX failed to hold high after it

    pared loss in early trading. It needs

    time to digest the earning.

    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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