Advanced Micro Devices, Inc. (NASDAQ:AMD) is moving higher. This comes after the company's analyst day. Some companies host events where Wall Street investors and analysts can see presentations to learn more about them.AMD is our Stock of the Day. It is trading just below resistance, and this could limit its short-term upside potential.‘Sell at former tops' is an old trading adage. It isn't just an old wives' tale. It is based on logic.When a stock gets to a new high and then heads lower, some of the people ...

Shares of PayPal Holdings, Inc. (NASDAQ:PYPL) are soaring on Tuesday after the company announced earnings. Wall Street loves the results.But the move higher could soon end. A reversal may even follow. This is why our team of technical analysts and traders has made it our Stock of the Day.Despite the good news, some traders and investors will look to sell. In the market, there is a buyer and a seller on every trade. What moves a stock is the side that wants it more.In a market that is moving higher, buyers g ...

Shares of Wayfair Inc. W consolidated on Tuesday after the stock soared by more than 12.5% on Monday, following a strong earnings report. The company reported 11 cents for Q2 versus the prior year's loss of 34 cents.But now Wayfair is at a resistance level. The odds are that it doesn't stay at this level for too long. It will either reverse or break the resistance and move higher. Either way, savvy traders will be able to profit. This is why it is our Stock of the Day.Stocks tend to hit resistance at levels ...