Thursday Morning Coffee with TradingMarkets

Good Morning!

U.S. Markets Open Thursday at Overbought Extremes … Health Care, Gold Among Most Overbought Sectors … VIX Stretch Below 10-Day Tops 11% on Renewed Optimism … Precious Metals ETFs Outpace Oil ETFs as GLD, SLV Up More than 1% … Most Oversold Country ETFs Include: EWU, EWJ, SCJ ….

Click here to order High Probability ETF Trading, the first quantified book of trading strategies to improve your ETF trading!

TradingMarkets 7 Stocks You Need to Know for Today

Here are 7 stocks for traders for today from TradingMarkets.com:

For a list of today’s highest PowerRatings stocks, click here.

TradingMarkets 5 PowerRatings Stocks for Today

Company
Symbol PowerRatings
FreightCar America Inc. RAIL 9
SurModics Inc. SRDX 9
TravelCenters of America TA 9
Valassis Communications Inc. 8
China-Biotics Inc. CHBT 8

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If your stock trading could use a boost, then treat yourself to a free, 7-day trial to our Stock PowerRatings. The highest rated PowerRatings stocks have outperformed the average stock by a margin of nearly 17 to 1 after five days. Click here to start your free trial today!

TradingMarkets Making Great Traders


Connors: How to Day Trade ETFs
TradingMarkets

What are the key principles traders need to follow when trading ETFs on an intraday basis? Larry outlines the main steps to his quantified approach to day-trading exchange-traded funds.

TradingMarkets

When it comes to trading, everyone has the opportunity to be successful. Here are six points that individual investors and traders must keep in mind before charting their own course.


High Probability ETF Trading: Strategies for Overbought Markets
TradingMarkets

The Health Care Select Sector SPDR ETF, XLV, has run into extremely overbought territory – so much so that its last close had a 2-period RSI of more than 90 for four consecutive days. What about gold? Find out here.

TradingMarkets 7 ETFs You Need to Know for Today

Financials, Materials Push Equity Indexes Deeper Into Overbought LevelsTradingMarkets

Upside leadership came from the financial and materials sectors today – as gains were seen in the ProShares Ultra Financials ETF, UYG, among others.

Click here to sign up for Larry Connors’ Trading Lesson of the Day.