TradingMarkets 7 Trading Ideas for Today

• February 19, 2008
• David Penn

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.

TradingMarkets subscribers can obtain the full list of candidates and learn how to apply the results in actual trading by clicking on the individual links. Subscribers can also access the Market Bias Indicators, to help determine short-term market direction. Futures and options traders can access our daily Options Indicators and Futures Indicators.

Plus, don’t forget to use the free TradingMarkets Stock Scanner to find more potential setups.

Bullish

Our research shows that stocks exhibiting this price behavior, while trading above their 200-day moving average, have on average, shown positive returns 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.

• 
  5+ Consecutive Lower Lows

  To learn more about our research into stocks that make five or more consecutive lower lows, and how to use this information,
  click here.
  Redwood Trust
  (
  RWT |
  Quote |
  Chart |
  News |
  PowerRating)

• Stocks
  Down 10% or More
  To learn more about stocks that have fallen 10% are more over the past 5 days,
  and how to use this information, click here.
  Rick’s Caberet
  (
  RICK |
  Quote |
  Chart |
  News |
  PowerRating)

Bearish

Our research shows that stocks exhibiting this price behavior, while
trading below their 200-day moving average, have on average, shown negative
returns 1-day, 2-days and 1-week later. Historically, these stocks have
provided traders with a significant edge.

• 
  
  5+ Consecutive Up Days
  To learn more about our research into stocks that make five, or more,
  consecutive up days, and how to use this information,
  
  click here.
  United Rentals
  (
  URI |
  Quote |
  Chart |
  News |
  PowerRating) & Seaboard Corp
  (
  SEB |
  Quote |
  Chart |
  News |
  PowerRating)

• 
  
  5+ Consecutive Higher Highs
  To learn more about our research into stocks that make five or more
  consecutive lower lows, and how to use this information,
  
  click here.
  Ciena Corporation
  (
  CIEN |
  Quote |
  Chart |
  News |
  PowerRating)

• 
  
  2-Period RSI Above 98
  To learn more about our research into stocks that have a 2-period RSI above
  98, and how to use this information,
  
  click here.
  Chevron
  (
  CVX |
  Quote |
  Chart |
  News |
  PowerRating)

• Stocks Up 10% or More
  To learn more about stocks that have risen 10% are more over the past 5 days,
  and how to use this information, click here.
  Sotheby’s
  (
  BID |
  Quote |
  Chart |
  News |
  PowerRating)