Will The Pullback Continue?
On Friday I mentioned the extreme complacency in the market and we know that historically when this occurs, markets tend to sell-off on a short-term basis. Friday’s sell-off looked exactly like August’s sell-off with high paying dividend stocks and emerging market ETFs showing outsized losses. The next few days will be important because if the […]
Getting Ready for Monday Morning’s Trading 9/23/13
Here are the stocks, ETFs, and Leveraged ETFs you need to know for Monday morning’s trading. Click here to read the first chapter of our latest quantified trading strategy guidebook! The following securities are the most oversold and overbought according to ConnorsRSI for Monday’s trading. This Watchlist was created using the TradingMarkets Screener. Current […]
4 New Ways to Access Our Latest Research
We’ve developed 4 completely new ways to experience the advanced research and trading strategies of Chairman’s Club. These specialty clubs are all aimed at helping you focus on your individual trading goals using the latest quantified strategies from the Connors Research team. We’re offering 4 highly specialized versions of the Chairman’s Club experience that will […]
The Bulls Settle Down…For Now
Basically, there’s no fear in the market right now after Wednesday’s Fed move. It was just reported that “the last time investors were close to being this short VIX futures was in February, just ahead of a 34% spike late in the month”. I’m not calling for a 34% spike in VIX prices but when […]
Markets Soar Into Overbought Territory
Every liquid Country Fund ETF is overbought today after the Feds move yesterday. It’s going to take a few days for the many of trillions of dollars which were situated for a tightening scenario to get their models readjusted and this will temporarily push prices higher. But the market is so overbought now that the […]
Neutral Markets Around the World
There is not a single liquid Country ETF that is oversold today, yet when averaging the ConnorsRSI readings on the 50 most liquid Country ETFs, it shows a reading in the 60’s signifying the world markets are in neutral condition. The U.S. is overbought but not to the extent that signifies an imminent pullback. Overall […]
Large Gaps Hook “Dumb Money”
Large gaps higher on Mondays tend to be traps and should be avoided on the long side, and we saw that again yesterday. Some of the opening prices were absurd and a lot of money was lost on the opening buys, as the market reversed. This is what has always been known as ‘dumb money”. […]
Summers’ Withdrawl Boosts Futures
As of late Sunday night the Larry Summers exit rally is in full force in the futures market. If this continues into the opening the market will move to an overbought condition. Any sign that Janet Yellen is not the selection is going to be met with disappointment and likely lead to a healthy sell-off […]
Getting Ready for Monday Morning’s Trading 9/16/13
Here are the stocks, ETFs, and Leveraged ETFs you need to know for Monday morning’s trading. Click here here to download the FREE ConnorsRSI add-on module for your copy of AmiBroker, TradeStation, or thinkorswim! The following securities are the most oversold and overbought according to ConnorsRSI for Monday’s trading. This Watchlist was created using […]
5 Most Popular Lists on TradingMarkets Analytics
Here are the 5 most viewed lists each day on TradingMarkets Analytics. Interestingly these lists all contain ConnorsRSI, the first and only quantified oscillator for traders to apply to their stocks, ETFs, and options trading. 5 Most Popular Lists Most Oversold S&P 500 Stocks by ConnorsRSI Most Oversold ETFs by ConnorsRSI Most Oversold Leveraged ETFs […]
Wait for A Greater Pullback
Yesterday’s small pullback was no surprise because the market was so overbought. Today the overall market is neutral and another day of declines will trigger buying opportunities in the major U.S. indices. Have a great weekend! The above excerpt is from Larry Connors’ Daily Battle Plan – A professional-grade trading information service that will help […]
Twitter Files for IPO
The 132 IPOs that debuted in 2013 have raised $28.6 billion and produced an average return of 34%, according to data from Renaissance Capital. Approximately 22 of these have been technology deals. Now, there’s a another in the works with Twitter, announcing via a Tweet, that they are planning on filing. We’ve confidentially submitted an […]