Wall Street Nole’s Morning Stocks to Watch for Day-Trading

 

coffee61“Oh, the best part of waking up…

 

Happy New Year form the SharePlanner trading community. I hope it’s prosperous and successful for all. 

 

The Bull is back, at least for now. The S&P keeps pushing through despite the national economic concerns. Existing home sales for December and Fed manufacturing index for January will be out today at 10AM.

 

 

Check out some of today’s highly anticipated stocks to day-trade while you have your morning coffee. 

 Morning Coffee – Day-Trading Watch-List
1 $FCX- Profits were up 16% on higher ouput putting FCX up about 2% in PM. This stock will be in-play today as volume will pop higher and should remain high throughout the day. 
2 $TRV- Beat estimates for Q4 and is up around 3% in PM trading. We call this a turtle stock as the longer term trend remains upward.  Last week it was able to get over October highs and now it should continue to roll. I’ll look for intra-day long pull backs to take advantage of the trend action. 
3

$KORS- This stock is stuck in a rut as the range bound activity is horrific for longer term bulls. I remain bearish on this stock and will look for support and resistance short entries intra-day.

 

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