5 PowerRatings Stocks for the Next 5 Days: FPP, CX, CPSL, CFW, WRES
Looking for stocks with a likelihood of outperforming the average stock over the next five days? Our 5 PowerRatings Stocks for the Next 5 Days are a great place to start.
We love rising markets as much as the next trader — even if we see them more often as opportunities to take profits than to begin hoping and praying for them. But it is true that rising markets – compared to falling and sideways markets — tend to make for fewer as opposed to greater opportunities for stocks to pull back, or move out of overbought conditions, or test lower levels.
But that doesn’t mean that we can’t find these opportunities — particularly if we know how and where to look. For us, of course, the short cut is in our Short Term PowerRatings. Our PowerRatings make it very easy to see at a glance if a stock is in pullback mode and a potential buy, or in overbought mode and a stock to avoid.
Individual stocks are like currents in a larger body of water. While those currents will be influenced — and sometimes overwhelmed — by the larger, more powerful motion of the river or the sea that contains them, there will be times when those currents will be able to express their own direction: moving contrariwise when the greater context allows.
This is often what happens when markets are moving higher and a few stocks — stocks that we consider “strong” — still manage to move lower. Often, these strong stocks are stocks that have done very well for their investors and are simply experiencing some profit-taking. After all, smart investors and traders know to sell into strength. So it should not be too surprising to see stocks that have been among the best performers become some of the first stocks to pull back — even if the broader market continues to climb higher.
And it is in those pullbacks in otherwise strong stocks that we often find the best trading opportunities to the upside — opportunities often made clear by way of our Short Term PowerRatings.
Of the five stocks in today’s report, one has a Short Term PowerRating of 10, one has a Short Term PowerRating of 8, and three have Short Term PowerRatings of 9. Our research into short term stock price behavior indicates that stocks with Short Term PowerRatings of 8 or better outperformed the average stock by a margin of more than 8 to 1 after five days.
Specifically, 9-rated stocks outperformed the average stock by a margin of greater than 13 to 1. And our highest rated Short Term PowerRatings stocks have bested the average stock by a near 17 to 1 margin after that same five day period.
FieldPoint Petroleum Corp.
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FPP |
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PowerRating) Short Term PowerRating 10. RSI(2): 9.59
Cemex SAB
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CX |
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PowerRating) Short Term PowerRating 9. RSI(2): 2.47
China Precision Steel
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CPSL |
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PowerRating) Short Term PowerRating 9. RSI(2): 12.18
Cano Petroleum Inc.
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CFW |
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PowerRating) Short Term PowerRating 9. RSI(2): 9.74
Warren Resources Inc.
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WRES |
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PowerRating) Short Term PowerRating 8. RSI(2): 4.89
Does your stock trading need a tune-up? Our highest Short Term PowerRatings stocks have outperformed the average stock by a margin of nearly 17 to 1 after five days.
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Whether you have a trading strategy of your own that could use a boost or are looking for a way to tell the stocks that will move higher in the short term from the stocks that are more likely to disappoint, our Short Term PowerRatings are based on more than a decade of quantified, backtested simulated stock trades involving millions of stocks between 1995 and 2007. Click the link above or call us at 888-484-8220, extension 1, and start your free trial today.