American Express Co. (NYSE: AXP): This Blue-Chip Dow Stock Is Now A Bargain

Wall Street tends to take a binary view of even well-seasoned companies: Love 'em or hate 'em.
Right now, the Street is overreacting to some snags at one of the world's leading financial services firms, American Express Co. (NYSE: AXP).
In 2015, American Express is the Dow Jones Industrial Average's worst performer, falling more than 16%. (more)

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MAXIMUS, Inc. (NYSE: MMS)

MAXIMUS, Inc. provides business process services to government health and human services agencies in the United States, Australia, Canada, the United Kingdom, and Saudi Arabia. The company operates through two segments, Health Services and Human Services. The Health Services segment provides various business process services, as well as related consulting services for state, provincial, and national government programs, including Medicaid, Children's Health Insurance Program, Supplemental Nutrition Assistance Program, Medicare, the Affordable Care Act, Health Insurance British Columbia, and the Health and Work Program. The Human Services segment provides national, state, and county human services agencies with various business process services and related consulting services for welfare-to-work, child support, higher education, and K-12 special education programs, as well as offers program consulting, and tax credit and employer services.

Take a look at the 1-year chart of Maximus (NYSE: MMS) below with my added notations:

MMS has formed a clear support at $65 (green). In addition, the stock is declining against a short-term, down trending resistance level (red) over the last couple of weeks. These two levels combined have MMS stuck within a common chart pattern known as a descending triangle. Eventually, the stock will have to break one of those levels.

The Tale of the Tape: MMS has a down trending resistance and a $65 support level to watch. A long trade could be made on a breakout through the resistance or on a pullback to $65. A break below the $65 support would be an opportunity to enter a short trade.
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Is WTI crude oil on the way to $67 per barrel?

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How to Make a Quick 20% as Copper Rises from the Dead

Wanna make money on both sides of a trade? Thought so…
We made out like bandits betting against copper in the past. Now we’re going to cash in betting on copper for a short-term rally. That’s right— Dr. Copper’s getting a second wind. And no one’s paying attention.
Can’t say that I blame them. This dog has been beaten to a pulp for years. Like I said, we’ve bet against copper a few times over the past 18 months. It was like stealing candy from a baby.
But something’s different this time. The copper bears are capitulating. A stealth rally is in the works. And it could net you 20% gains in no time…(more)

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Will GoPro (GPRO) Stock Rally Back Above $90?

GoPro Inc (NASDAQ:GPRO) stock was soaring on Wednesday, with shares trading as much as 12% higher after a blowout first quarter that easily topped Wall Street consensus forecasts.
gopro 185 Will GoPro (GPRO) Stock Rally Back Above $90?With GPRO stock now trading above $52 a share, it’s still far, far beneath all-time highs around $98 that the stock hit in October. But if the wearable camera company keeps doing what it’s doing, GPRO stock could be flirting with those levels again sometime soon.
It sounds crazy, I know. But allow me to outline the uber bullish case for GPRO stock. (more)

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Deckers Outdoor Corp (NYSE: DECK)

Deckers Outdoor Corporation designs, markets, and distributes footwear, apparel, and accessories for outdoor activities and casual lifestyle use for men, women, and children. The company offers luxurious comfort footwear, handbags, apparel, and cold weather accessories under the UGG brand name; sandals, shoes, boots, and amphibious footwear under Teva brand name; and action sport footwear under the Sanuk brand name. It also offers high-end casual footwear under the TSUBO brand name; outdoor performance and lifestyle footwear under the Ahnu brand name; and footwear for culinary professionals under the MOZO brand name, as well as running footwear under the Hoka One One brand name. The company sells its products primarily to specialty retailers, selected department stores, outdoor retailers, sporting goods retailers, shoe stores, and online retailers.
Take a look at the 1-year chart of Deckers (NYSE: DECK) below with added notations:

After a strong decline from December until the end of January, DECK has been trading sideways over the last 3 months. During the sideways move the stock has formed a common pattern known as a rectangle. A minimum of (2) successful tests of the support and (2) successful tests of the resistance will give you the pattern.
DECK’s rectangle pattern has formed a resistance at 77.50 (red), which was also a prior support, and a $700 support (green). At some point the stock will have to break one of the two levels.

The Tale of the Tape: DECK is trading within a rectangle pattern. The possible long positions on the stock would be either on a pullback to $70 or on a breakout above $77.50. The ideal short opportunity would be on a break below $70.
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Chart of the Day Sketchers SKX

The Chart of the Day belongs to Skechers (SKX).
Skechers U.S.A., Inc. designs and markets branded contemporary casual, active, rugged and lifestyle footwear for men, women and children. Thecompany sells its products to department stores such as Nordstrom, Macy's,Dillards, Robinson's-May and JC Penney and specialty retailers such as Genesco's Journeys and Jarman chains, The Venator Group's Foot Locker and Lady Foot Locker chains, Pacific Sunwear and Footaction U.S.A.

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