New Research on Trading Stocks and Options with Moving Averages from Connors Research
In 2004, when Larry Connors & Connors Research published How Markets Really Work, they started with the proposition to always look at the data in order to develop unique insights into price behavior rather than blindly follow widely accepted “truths”. It is with that same discipline that they undertook their most recent investigation into the […]
Read a Sample Chapter of ‘Trading Stocks and Options with Moving Averages’
Indicators are not always what they appear to be. Moving Averages are widely used as a trend-following tool. In many of the trading strategies that we have developed over the years, the 200-day moving average is used to identify the direction of the trend. We have found that taking buy signals only when the price […]
Market Hits Extremes Before…
On Friday the 2-period RSI of QQQ and IWM reached intra-day readings above 99 which are unsustainable levels and the fast sell-off near the close was the results of the extremes the market had reached. After 8 straight weeks higher closing prices, combined with the market being overbought, a short-term pullback/pause is in the works […]
News From Australia Sets Up a Potential Trade
Australian authorities rejected Archer-Daniel-Midland’s (NYSE: ADM) proposed buyout of GrainCorp, an Australian grain producer. The decision took analysts by surprise and led to weakness in Australian stocks. That weakness may lead to a buying opportunity in iShares MSCI Australia Index Fund (NYSE: EWA). PowerRatings are based on the relative strength or weakness of particular stocks or […]
Market Closing Early Today…
The market is overbought, especially QQQ. With a ½ day of likely very low volume trading, we’ll wait until Monday to initiate any new positions. Have a great weekend! For today’s official Daily Battle Plan set-ups click here.
PowerRatings Point to Slow Trading Day Friday
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 […]
Do You Trade With Moving Averages?
Recently, we completed research that shows moving averages can be used as part of a strategy to find short-term, mean reversion trading opportunities. This may be surprising to some traders because it might seem odd to use a trend-following indicator like MAs in a short-term, mean reversion strategy. This research was just published in our […]
Japanese Stocks Oversold Before Key News Reports
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 […]
Holiday Trading is Upon Us
The market is coiled and a large short term move is nearing. With holiday trading upon us the move may occur early next week but whenever you see such drying up of volatility it often precedes higher volatility. Any unexpected news will trigger this move. Have a Happy Thanksgiving! For today’s official Daily Battle Plan […]
US Stock Market Closed on Thursday
Upcoming Stock Market Holiday Calendar 2013 2014 New Years Day January 1 January 1 Martin Luther King, Jr. Day January 21 January 20 Washington’s Birthday February 18 February 17 Good Friday March 29 April 18 Memorial Day May 27 May 26 Independence Day July 4** July 4** Labor Day September 2 September 1 Thanksgiving Day […]
It’s Eerie Quiet Out There
It is eerie quiet out there. Big moves follow eerie quiet. Today’s Potential Opportunities on Further Pullbacks: ETFs EWJ For today’s official Daily Battle Plan set-ups click here.
DRAD Is a Low-Priced Stock With Big Potential
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 […]