TradingMarkets Top 5 Of The Day

Welcome to TradingMarkets.com Top 5 of the Day!

In this nightly feature, the editors of
TradingMarkets select the 5 best and most insightful (and sometimes humorous)
excerpts from all of the articles and blogs that have been published throughout
the entire day.

Here are today’s selections:

Brett Steenbarger, Ph.D.:

Here’s a way to predict strong closes…

“…the
daily high occurred during the first or last hour 28 out of 36 times–over 75%
of the time…”

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Mike Kestler:

Daytraders, here are the stocks I’m targeting

“…This
concept works best with large cap, highly liquid stocks when the sector is in a
trending mode…”

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Sam Shenker:

The ‘smart money’ is betting against the US dollar

“…Commercial traders
increased their net long positioning with 3,757 contracts, which adds to the
outlook that euro once again might head above 1.20…”

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Kathy Lien:Here’s
how the new Fed chairman will affect the markets

“…he
has explicitly promised to print money as a manner of increasing liquidity to
generate inflation…”

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Rob Hanna:

Looking for a bullish signal? Watch this chart

“…the
length of time for each of the last 4 up and down legs has been fairly
symmetrical…”

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