Dreams Trade Ideas by Dreamytrader

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

04-29-2013

Current Watch-list
S&P500 Index ETF (SPY) $159.30 Aiming for new historical high Near-term resistance is $160 $153.50-$154 lower support. SPYs renewed buying momentum positioned Index in front of another historical mark SPX 1600 or SPY $160. It is only Monday, we have time to advance. Today, a return of the Apple show, buyers charged over the weekend, and blasted through the $420 level and closed at high. $420 vital again for upside. A big range in building. Long-term still in Bullish mode. Not seeing very attractive new entry long. Just holding long is enough for this mover so far. UPS took out the $86 resistance and it needs to hold above this area for more upside. SPY is in attacking mode ahead of Feds meeting. Market does rested and jumped again, now it is time to see if this holds above $160. Sell in May and go away, could happen, for reminder AAPL beat EPS and REV, but guided lower for next Q. Hiked divided to $3.65and powerup share buyback plan to 60B from 10B to boot stock price. No big new products Until fall to 2014. 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.

Apple(AAPL)

$430.12

Rallied to test $420

$420 lower support $445ish area next resistance

Nike (NKE)

$62.63

Grinding higher

$60ish lower support

UPS (UPS)

$86.27

Earning gap-up

$86 lower support $89 next resistance

McDonalds (MCD)

$102.18

Gaining buying interest

$97.50-$98ish support

MCD recovered most damage after the earning and so far buying long with reasonable risk/reward still make sense for this stock.

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LinkedIn (LNKD)

$187.76

Forming a range above previous support Trade lower but downside limited Trying to hold high

$182-$185 area near-term support.

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. 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 and as market sentiment continue to be bullish. A new entry long would be this buyable range. Below $72 is stop loss area. 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.

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 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.

Boeing (BA)

$91.89

$89-$91 lower support area.

Home Depot (HD)

$73.35

$73 near-term lower support.

Monsanto (MON)

$106.50

Holding up

$103-$105 lower support

Mosaic (MOS)

$61.84

Holding up

$63 resistance

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Current Watch-list Featured Chart: Apple, Inc. (AAPL)

Todays Tech sector was in leading group, AAPLs return with other Big Tech names like GOOG, INTC and MSFT, pushed Tech ETF QQQ higher, outpacing other sectors. This week would be key for the Bulls and Bears since SP500 Index is close to mark the historical high. Market-wide surge and near key levels, time to get some cautions instead be super confident.

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Current Watch-list Featured Chart: Mosaic Co. (MOS)

Copyright 2013 Dream's Trade. All Rights Reserved