Learn How To Successfully Trade with the ConnorsRSI Indicator
Last year, Larry Connors and Connors Research introduced a powerful new indicator to the trading community – ConnorsRSI. Several high-probability trading strategies have been developed using this indicator and a few of the very best strategies will be included in the upcoming TradingMarkets Swing Trading College. Now in its 9th year, Swing Trading College is […]
With Jobs Report Positive, Dow Closes Up 200
The Dow Jones Industrial Average (DIA) finished up 200 points Friday as the Labor Department said the economy added 203,000 jobs in November.
As the Jobs Report Goes…
This is being written on Thursday evening ahead of the jobs report. Based on the way the market has behaved this week, on top of the fact that volatility began moving higher late last week while the overall market was still rising, it’s become obvious that someone believes they have knowledge about the report that’s […]
Ulta Earnings Miss Comes as Stock is Oversold
Ulta Salon, Cosmetics & Fragrance (NASDAQ: ULTA) is on our list of the most oversold stocks with a ConnorsRSI of 0.93. After the close yesterday, ULTA announced earnings for the third quarter and missed analysts’ expectation. For the quarter, the company earned $0.72 a share, $0.02 below the consensus estimate. For the fourth quarter, company […]
VIX Spiked & Plunged…
The market remains oversold. The VIX spiked and then plunged from its highs in the afternoon which is always a good sign of capitulation ahead of a rally. There are still many stocks with extremely low RSI readings and any type of good news is likely going to lead to a resumption of the bull […]
Leveraged Funds Flashing Buy Signals
PowerRatings are based on the relative strength or weakness of particular stocks or ETFs. The higher the rating, the greater the one week historical gain has been for stocks and ETFs with that rating. For best results, enter these trades with a limit order 3-7% below the previous day’s closing price. Higher % limit entries have […]
VIX Rises for 6th Straight Day…
The market is now oversold with a ConnorsRSI reading of 18.26. What’s interesting is to see the VIX rise for the sixth consecutive day, a fear reading that has been rare over the past two years. With so many stocks and ETFs oversold, the market is likely nearing a short-term bottom within a a day […]
SPY Gives a PowerRatings Buy Signal
PowerRatings are based on the relative strength or weakness of particular stocks or ETFs. The higher the rating, the greater the one week historical gain has been for stocks and ETFs with that rating. For best results, enter these trades with a limit order 3-7% below the previous day’s closing price. Higher % limit entries have […]
5 Reasons to Buy ‘Trading Stocks and Options with Moving Averages – A Quantified Approach’ Today
Consistent Positive Trading Results in Any Market What you will learn with this strategy are quantified moving averages strategy variations which have been correct up to over 75% of the time over a 12+ year time period starting in January 2001. High Probability Trading There are also many variations with average gain per trade of […]
Yesterday’s Pullback was Due…
Yesterday I mentioned the 2-perod RSI in QQQ and IWM had reached 99 on Friday and those levels as we know are unsustainable. Yesterday’s pullback was due and it leaves the market today in a slightly oversold condition. Please note that we jut published new research on trading Moving Averages. You can download our latest […]
An Earnings Shortfall Could Point to a Buy
PowerRatings are based on the relative strength or weakness of particular stocks or ETFs. The higher the rating, the greater the one week historical gain has been for stocks and ETFs with that rating. For best results, enter these trades with a limit order 3-7% below the previous day’s closing price. Higher % limit entries have […]
An Introduction to ConnorsRSI – 15,000 Downloads Strong
On November 17, 2012 we published our 1st ConnorsRSI strategy guidebook: An Introduction to ConnorsRSI and now we are proud to announce that one year later we surpassed 15,000 downloads of this introductory guidebook. Included in this introductory guidebook is a fully-defined, quantified pullback trading strategy designed around ConnorsRSI. Since then we have published several […]