Dreams Trade Ideas by Dreamytrader

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

05-03-2013

Current Watch-list
S&P500 Index ETF (SPY) $161.37 New high Near-term support $160 SPYs in new price zone. Unlimited upside. SPY reacted to upbeat monthly Job Report, cleared its Key 1600 level and closed well above it. Market cheers and looking for more upside next week. AAPL got a confident investment from Russias Wealthy, and debt issuing for capitalreturn plan in progress. Investors are cheering the stock again. 17Billion debt issuing for completed. 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 BEAT both EPS and REV with strong numbers, HOWEVER, Co issued a lower guidance. As a growth company, company has little room below consensus report.

Apple(AAPL)

$449.98

Rallied into resistance level.

$450ish-$460 area next resistance

AAPL rallied again but it is slowing down after a $50 run from $400 even on what considered insane market day.

Nike (NKE)

$64.55

run on upside

$62ish lower support

UPS (UPS)

$86.09

Earning gap-up

$86 resistance

Long-term in Bullish mode. Strong up-run today with market. Not seeing very attractive new entry long. Just holding long is enough for this mover so far. UPS jumped back above $86 and kind of holding above it. It needs to hold before next leg up.

McDonalds (MCD)

$102.92

Drifting higher

$97.50-$98ish support

MCD in stage of building a new range. Buying long with reasonable risk/reward still make sense for this stock. LNKDs stock price plunged after Co issued downside guidance.

LinkedIn (LNKD)

$175.59

Plunged after earning

N/A

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Boeing (BA)

$93.74

Traded higher

$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 $74 resistance line. A long is desired above $74 MON is working on a tradeable setup for the long-side. Trading against the $103-$105 range for long is doable. $107 desired entry. 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)

$73.96

Back above $73

$74 resistance

Monsanto (MON)

$107.28

Back to high

$103-$105 lower support

Mosaic (MOS)

$60.83

Drifting around

$63 resistance

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Current Watch-list Featured Chart: J.P Morgan Chase & Co.

Copyright 2013 Dream's Trade. All Rights Reserved