Headlines & Special Reports

Stock Traders Daily Starts Caterpillar Inc. (NYSE:CAT) With a Sell

Stock Traders Daily has initiated a sell recommendation for Caterpillar Inc. (NYSE:CAT).  Low growth and high relative multiples make valuation stretched, and resistance is being tested.  Target longer term support levels if resistance holds.  Note that these targets update periodically and should be monitored for changes over time.

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Stock Traders Daily Initiates Verizon Communications Inc. (NYSE:VZ) With a Sell

Stock Traders Daily has initiated a sell recommendation for Verizon Communications Inc. (NYSE:VZ).  A combination of low growth and high relative multiples make valuation stretched, and resistance is being tested.  We would target longer term support levels if resistance holds.  Note that these targets update periodically and should be monitored for changes over time.

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Stock Traders Daily Issues a Sell Rating for Wal-Mart Stores, Inc. (NYSE:WMT)

Stock traders daily has issued a sell recommendation for Wal-Mart Stores, Inc.  (NYSE:WMT).  According to our observations the growth rates the next year look awful and the stock is trading near a resistance level now.  We would target longer term support levels if resistance holds.  Note that these targets update periodically and should be monitored for changes over time.

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ProShares Ultra DJ-UBS Crude Oil (NYSEARCA:UCO) and ProShares UltraShort Lehman 20+ Yr(ETF) (NYSEARCA:TBT) Tell Us to Remain Cautious

Oil and the Market's are diverging today.  ProShares Ultra DJ-UBS Crude Oil (NYSEARCA:UCO) is down almost 6% while the stock markets are relatively flat, with the Russell 2000 even showing a solid bid from time to time.  The Markets have tested near term resistance levels though, and they are floundering in the upper tier of their midterm channels too after recently testing midterm resistance as well, so the technicals are offering warnings.

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UnitedHealth Group Inc (NYSE:UNH) is Facing Resistance

Analysts are looking for exceptional growth from UnitedHealth Group Inc (NYSE:UNH) in the coming quarter and year, and if they are right valuation levels are going to look better, but for those of us who focus on price something very important is also happening.  The shares are testing a level of resistance and if the shares fail to break above these resistance levels they will likely fall right back down towards longer term support again.  We consider the tests of resistance that are happening now to be important inflection levels and we would use them to guide trading decisions accordingly, and as risk controls appropriately.

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