Dream's Trade Ideas 07.29.2013

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    Dreams Trade Ideas by Dreamytrader 07-29-2013Stock Name last Close

    Price

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

    Current Watch-list

    S&P500 Index ETF

    (SPY)

    $168.59 Sideway

    under

    pressure

    Near-term

    resistance $170

    SPYs price action showing

    weakness, but too early to say we

    are at top. Topping is a process.

    Market shifting the focus away from the

    earning when most important companies had

    reported while few more to go. This week is

    about Marco policy and data.

    Apple(AAPL) $447.79 Post-

    earning

    $435 area near-term

    support.

    AAPLs received buying interest

    when people betting the upcoming

    AAPL product lines. It would be

    interest to see how it deal $460.

    Not a short target for now.

    AAPLs investor are waking up and started

    to bet on the possible new products and

    cheap version of iPhone. Cheap iPhone could

    help AAPL for the short term but not enough

    to lift giant to another high.

    LinkedIn (LNKD) $203.80 Choppy$200ish support

    zone

    LNKDs buyers are not fullyengaged into pushing higher and

    test water along the way. Price

    action in favor of Bulls but not

    aggressive.

    LNKD could go higher and well above $200with a firm earning report. I am bullish into

    the earning.

    Boeing (BA) $104.81 Pulling back $100ish support BA became another stock got

    dumbed after a fairly well earning.

    Stock lost some steam like many

    other key companies in current

    market condition.

    Boeings earning was good and strong. The

    thing is BA really needs to fix their Dreamliner

    to another level. Endless issues around the

    global. All these events are good for BA, early

    discovery benefits the future.

    GAP.INC (GPS) $45.85 Breaking

    out

    $45ish support GPS long entry was on 45.50,

    mentioned before, many times.

    Delayed follow-through on upside

    since last brokenout.

    GPS is expect another quarter of solid earning

    growth. Good for stock. A bullish stock.

    Discover Financial.

    (DFS)

    $49.63 Failed to

    hold

    Power leaking DFSs long trade failed to impress as

    stock faded away. Not a successful

    breaking out.

    DFS beat on both EPS and REV as expected

    and stock not showing what it deserved to be.

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    Visa (V) $192.08 Breaking

    out pull

    back

    $190ish support Visas price resumed to be bullish

    after another earning beat.

    Hopefully it could kill the weak

    action shown recently.

    V beat its earning and rev again on strong

    growth. A strong stock and worth to hold.

    Tesla(TSLA) $134.60 Breaking-

    out

    New High TSLA went higher and mentioned it

    could go higher before.

    TSLAs earning is coming and see how people

    deal with it would be interesting. I am Bullish

    into the earning.

    Amazon (AMZN) $306.10 Post-

    earning

    Paused rally AMZN had a wonderful Friday,

    stock rallied but failed to continue

    on this Monday.

    AMZN reported fairly in-line rev and better

    EPS. As usual, stock traded lower and Fridays

    price-action was usual, open-lower and

    traded-higher to close at high.

    Netflix (NFLX) $244.96 dropping Rally paused NFLX shown weakness after the

    earning. Bullish faded away.

    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.

    http://dreamstradereview.com/dreams-trade-newsletter/http://dreamstradereview.com/dreams-trade-newsletter/http://dreamstradereview.com/dreams-trade-newsletter/
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    Current Watch-list Featured Chart: N/A

    Earning season coming to the end. Most companies reported with good result. Many quality andstrong stocks are fading after the earning.

    Market Bulls are resting but Bears are not confident to take the control. Sentiment swings. We

    had some choppy days and not showing aggressive buying yet.

    HLF under spotlight and so far Ackmans monster short position is not looking good as HLFposted a strong earning and raised full year expectation.

    CF surged on news that Third Point has a position on it.