Dreams Trade Ideas by Dreamytrader

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

04-30-2013

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. 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. 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. UPS fell back into the range and buyers need to push the stock above the $86 for more upside. 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. AAPL got a confident investment from Russias Wealthy, and debt issuing for capitalreturn plan in progress. Investors are cheering the stock again. 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 is lucky and delivered a nice earning package to investors, reported EPS beat and REV in-line, reaffirmed guidance. This helped stock to stable. 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. 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 2nd, after market

Apple(AAPL)

$442.78

Full charged rally

$450ish-$460 area next resistance

Nike (NKE)

$63.61

Speeding to higher

$62ish lower support

UPS (UPS)

$85.84

Earning gap-up

$86 resistance

McDonalds (MCD)

$102.11

Gaining buying interest Forming a range above previous support

$97.50-$98ish support

MCD in early stage of a new range. Buying long with reasonable risk/reward still make sense for this stock. 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.

LinkedIn (LNKD)

$192.07

$182-$185 area near-term support.

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Boeing (BA)

$91.40

Traded lower but downside limited Trying to hold high

$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. HD is forming a range above $72, seeing multi-rejections on recent daily bars. A range is nice but the price action kind of weak here when market is advancing. MON is working on a tradeable setup for the long-side. Trading against the $103-$105 range for long is doable. 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.

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. With more and more news about how housing market is recovering, HD certainly found reasons to go higher in this not so decisive market sentiment. Or, another housing bubble inflated by QE. 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. 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.

Home Depot (HD)

$73.35

$73 near-term lower support.

Monsanto (MON)

$106.82

Holding up

$103-$105 lower support

Mosaic (MOS)

$61.59

Holding up

$63 resistance

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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 !

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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)

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