Getting Ready for Monday Morning’s Trading
Here are the stocks, ETFs, and Leveraged ETFs you need to know for Monday morning. The following securities are the most oversold and overbought according to ConnorsRSI for Monday’s trading. Click here to download your free copy of An Introduction to ConnorsRSI. This Watchlist was created using the TradingMarkets Screener. Today’s Market Conditions (Click Symbol […]
Getting Ready for Friday Morning’s Trading
Here are the stocks, ETFs, and Leveraged ETFs you need to know for Friday morning. The following securities are the most oversold and overbought according to ConnorsRSI for Friday’s trading. Click here to download your free copy of An Introduction to ConnorsRSI. This Watchlist was created using the TradingMarkets Screener. Today’s Market Conditions (Click Symbol […]
Reality Will Rule
The SPX advanced +17.2% to the 4/2/13 1574 high from the 11/16/13 1343 low, having taken out the 1365.15 previous bull cycle high close, but not the 1576.09 10/11/07 bull cycle high. The monthly SPX 5 RSI of 87.40 on 4/2/11 was and is extremely extended, and the risk reward in that zone is obviously […]
Getting Ready for Thursday Morning’s Trading
Here are the stocks, ETFs, and Leveraged ETFs you need to know for Thursday morning. The following securities are the most oversold and overbought according to ConnorsRSI for Thursday’s trading. Click here to download your free copy of An Introduction to ConnorsRSI. This Watchlist was created using the TradingMarkets Screener. Today’s Market Conditions (Click Symbol […]
Understanding Stop Orders: Part 2
In our previous article we discussed the four basic types of stop orders: Stop Loss Stop Limit Trailing Stop Loss Trailing Stop Limit In addition to these order types, there are many other “logical stop orders” that you can implement as part of your trading strategy, such as exiting if the stock price falls below […]
How to Execute Short Trades Using the Throwback Rally
One of my favorite chart patterns for delivering a successful short swing trade is the throwback rally and subsequent failure. With the market making new highs, then softening into headline risk from Europe, this is an opportune time to look for this pattern, and to take advantage of it. Here’s how it sets up: The […]
Getting Ready for Wednesday Morning’s Trading
Here are the stocks, ETFs, and Leveraged ETFs you need to know for Wednesday morning. The following securities are the most oversold and overbought according to ConnorsRSI for Wednesday’s trading. Click here to download your free copy of An Introduction to ConnorsRSI. This Watchlist was created using the TradingMarkets Screener. Today’s Market Conditions (Click Symbol […]
Understanding Stop Orders: Part 1
The ability to place stop orders is an essential function of any trading platform. Before considering whether to use this versatile tool, it’s important to understand how it works. There are actually four major types of stop orders. Each of them can be applied to either long or short positions, but for simplicity, we’ll describe […]
Getting Ready for Tuesday Morning’s Trading
Here are the stocks, ETFs, and Leveraged ETFs you need to know for Tuesday morning. The following securities are the most oversold and overbought according to ConnorsRSI for Tuesday’s trading. Click here to download your free copy of An Introduction to ConnorsRSI. This Watchlist was created using the TradingMarkets Screener. Today’s Market Conditions (Click Symbol […]
3 Ways to Juice Returns with IPOs
Last month Model N (NYSE:MODN), a hot enterprise software company, pulled off a successful IPO. The shares spiked nearly 29%. It may not have been on par with the giddy 1990s — when it was routine for IPOs to double or triple — but the Model N offering was still impressive. Hey, who wouldn’t want […]
Getting Ready for Monday Morning’s Trading
Here are the stocks, ETFs, and Leveraged ETFs you need to know for Monday morning. The following securities are the most oversold and overbought according to ConnorsRSI for Monday’s trading. Click here to download your free copy of An Introduction to ConnorsRSI. This Watchlist was created using the TradingMarkets Screener. Today’s Market Conditions (Click Symbol […]
How to use Defensive Strategies to Defend an Iron Condor Trade
A Credit Spread or an Iron Condor trade seems like such a “no-brainer” method of collecting income, that it’s very common to see students get carried away in their enthusiasm….until the price starts to move towards one of their short strikes, and the” pain” that they feel is very real, especially since it’s now undoubtedly […]