Short Term Stock Picks for November 5, 2014

Below are some short-term stock picks for November 5, 2014.  These picks are targeted for the 2-4 week time period and we’ll be looking to make between 5% and 10% on the trades.

American Airlines (AAL)

American Airlines is going to benefit from the falling price of oil.  Look to get into the stock ~41.80 and sell around $45.  Attempt to purchase the stock on a day where the broader market is down to ensure you can get in at a good price.   We could see the trade happening closer to the 4-week time frame.  Even if we don’t hit the trade in the short-term, don’t be scared to hold American Airlines for 6-12 months as we should see many of the airlines hitting all-time highs in the coming months.

Alibaba (BABA)

Alibaba has been soaring and it should continue to rise.  Currently the stock is trading around $108 and short term, this should be a fine place to enter.  Analysts have target prices ranging from $111 to $119.  For a short-term trade, look to get out around $114, otherwise, feel free to hold this one for the long-haul as I’m expecting this baby to be well over $150 at this time next year.  Barring government interference or poor Chinese GDP, nothing should slow this stock down.

Yahoo! (YHOO)

Yahoo is heading higher.  Yahoo is currently trading at $47.96.  Due to fundamentals and a tie to Alibaba, it’s going up.

SLV

Short it..it’s heading lower.

McDonalds (MCD)

MCD is a buy at $92

Google (GOOG)

Look for Google to dip to close out the year and get back in around $520.

NXPI

Still has room to grow.  $74 is a fine entry point.

FootLocker (FL)

CEO is retiring and the stock was down, however there is a lot of talent in that company and the stock should go higher.

Whole Foods (WFM)

Should hit $45 in the near term.  Get in at $42.5 and use $40 as a hard stop would be a good way to chase it.

CBS

Launching new streaming service (CBSN).  DISney would be the way to go.

FireEye (FEYE)

Shares tanked today by a drop of 14%.  Was the epic slide down warranted and should we invest in FireEye?  there is still a huge short interest in the stock.

FireEye @ $29 might be good for a trade, however you may still see a wash-out down to the mid $20s.  It’s so volatile right now and extremely risky, but upside could be fast and quick.