TradingMarkets 7 Trading Ideas for Today
Here are 7 trading ideas for today. This list comes directly from the TradingMarkets Stock Indicators page and is based upon our latest quantitative research.
Bullish
Laps Down 5% or More: These are stocks that lap down by 5% or more and
are trading above their 200-day moving average. Our research shows that stocks
trading above their 200-day moving average that lap down by more than 5% have
shown positive returns, on average, 1-day, 2-days and 1-week later.
Historically, these stocks have provided traders with a significant edge.
Diana Shipping
(
DSX |
Quote |
Chart |
News |
PowerRating).
DSX’s PowerRating (for Traders) is 6.
5+ Consecutive Lower Lows: These are stocks that have made a lower low
for five or more consecutive days and are trading above their 200-day moving
average. Our research shows that stocks trading above their 200-day moving
average that make lower lows for five or more days have shown positive returns,
on average, 1-day, 2-days and 1-week later. Historically, these stocks have
provided traders with a significant edge.
Wynn Resorts
(
WYNN |
Quote |
Chart |
News |
PowerRating). WYNN’s PowerRating (for Traders) is 8.
Stocks Down 10% or More: These are stocks that have lost 10% or more
over the past five days and are trading above their 200-day moving average. Our
research shows that stocks trading above their 200-day moving average that have
lost 10% or more over the past five days have shown positive returns, on
average, 1-day, 2-days and 1-week later. Historically, these stocks have
provided traders with a significant edge.
Research In Motion
(
RIMM |
Quote |
Chart |
News |
PowerRating).
RIMM’s PowerRating (for Traders) is 7.
Bearish
Laps Up 5% or More: These are stocks that lap up by 5% or more and are
trading below their 200-day moving average. Our research shows that stocks
trading below their 200-day moving average that lap up by more than 5% have
shown negative returns, on average, 1-day, 2-days and 1-week later.
Historically, these stocks have provided traders with a significant edge.
Jamba
(
JMBA |
Quote |
Chart |
News |
PowerRating). JMBA’s PowerRating
(for Traders) is 2.
5+ Consecutive Up Days: These are stocks that have closed up for five
or more consecutive days and are trading below their 200-day moving average. Our
research shows that stocks trading below their 200-day moving average that close
up for five or more days have shown negative returns, on average, 1-week later.
Historically, these stocks have provided traders with a significant edge.
Genesco
(
GCO |
Quote |
Chart |
News |
PowerRating).
GCO’s PowerRating (for Traders) is 1.
5+ Consecutive Higher Highs: These are stocks that have made a higher
high for five or more consecutive days and are trading below their 200-day
moving average. Our research shows that stocks trading below their 200-day
moving average that make higher highs for five or more days have shown negative
returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks
have provided traders with a significant edge.
Dillard’s
(
DDS |
Quote |
Chart |
News |
PowerRating).
DDS’s PowerRating (for Traders) is 3.
Stocks Up 10% or More: These are stocks that have gained 10% or more
over the past five days and are trading below their 200-day moving average. Our
research shows that stocks trading below their 200-day moving average that have
gained 10% or more over the past five days have shown negative returns, on
average, 1-week later. Historically, these stocks have provided traders with a
significant edge.
Fannie Mae
(
FNM |
Quote |
Chart |
News |
PowerRating). FNM’s PowerRating (for Traders) is 4.
Go to TradingMarkets.com for Today’s Top 25 Stocks.