A Few Trade Ideas Ahead of Dow 20,000

 | Jan 09, 2017 | 9:13 AM EST
  • Comment
  • Print Print
  • Print
Stock quotes in this article:


























Today may see the Dow Jones Industrials continue to toy with the 20,000 level. I have exposure to strong themes, such as financials and energy, and am opportunistically looking to add exposure to my other themes of value and small-caps.

I recommended a good play on the small-cap iShares Russell 2000 (IWM) into year-end, but I don't have any open trades there now.

In addition to my main themes, I'm always searching for opportunities in other areas and have plays in a trending technology stock, Nvidia (NVDA) , and a play in luxury retailer Tiffany & Co. (TIF) .

Another theme I'm considering is online commerce. Growth Seeker portfolio name Amazon (AMZN) continues to impress with strong growth in ecommerce.

Payments companies are one avenue to participate in the growth of ecommerce transactions. Companies in this space include MasterCard (MA) , Visa (V) , Vantiv (VNTV) , Fiserv (FISV) , Total System Services (TSS) , Global Payments (GPN) , Square (SQ) , Paypal (PYPL) and First Data (FDC) .

In fact, MA made a new all-time high on Friday. I wondered how MA has fared after making a 60-day high. Here's a table with the forward returns for MA since 2013 under this setup:

MA tends to rally a bit 20 days out after making a 60-day high. I think MA finds support between $100 and $103.

Columnist Conversations

Barrons.com noted significant insider purchases in the beat-up shares of Newell (NWL). The stock is...
CEO Christian Brickman couldn't resist owning more Sally Beauty Holdings (SBH) when it briefly went below $14 ...
Move over Boca Biff - there is a new sheriff in town...Chance Walker! My conversation with Chance - high abov...
Oil tested its 200-day moving average this week, but the June 18 low of $63.59 a barrel held. As a result, we...



News Breaks

Powered by


Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data & Company fundamental data provided by FactSet. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by FactSet Digital Solutions Group.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

FactSet calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.