• Free Book
  • Store
    • Books
    • Free First Chapters
    • Free Newsletters
  • Recent Articles

TradingMarkets.com

Quantified Stock Market Trading Strategies & Systems

  • Home
  • New Trading Research
  • Education
    • Articles
      • Connors Research
      • ETFs
      • Options
      • Stocks
      • Volatility
    • Trading Lessons
    • Connors Research
    • Glossary
    • Interview Archive
    • Videos
  • Python
  • Quantamentals
    • Quantamentals: The Next Great Forefront of Trading and Investing
    • Quantamentals Resources
  • Courses
  • Store
    • New Book! The Alpha Formula
    • “Buy The Fear, Sell The Greed” – Best Seller!
    • Swing Trading College 2019
    • Trading Books and Guidebooks
    • Street Smarts
    • Online Trading Courses
    • Private Mentoring with Larry Connors
    • Customized Trading Research
    • Amibroker Strategy Add On Modules
You are here: Home / Stocks / Commentary / TradingMarkets 7 Stocks You Need to Know for Tuesday: NCTY, GOOG, FDX, BBY, EBAY, HAL, BHI

TradingMarkets 7 Stocks You Need to Know for Tuesday: NCTY, GOOG, FDX, BBY, EBAY, HAL, BHI

November 29, 2010 by David Penn

Buyers edged back into financials and energy stocks on the first trading day of the week. Retail stocks, which had been increasingly overbought over the past several days, saw profit-taking

with stocks like^TGT^ and ^JWM^ both pulling back for a second consecutive trading day.

Among the day’s biggest gainers among small and medium cap stocks was gain of more than 3% in ^NFLX^, which closed higher above the 200-day moving average for a third day in a

row.

Here are 7 Stocks You Need to Know for Tuesday.

Pulling back by more than 4% ahead of its scheduled quarterly earnings announcement was ^NCTY^. The stock’s pullback comes after a two-day rally that took shares of NCTY near

overbought territory above the 200-day moving average.

Down more than 1% on Monday were shares of ^GOOG^ (below).

GOOG chart

Shares of Google have closed lower for a second day in a row heading into Tuesday’s trading and have been largely rangebound since a major pullback at the beginning of the month.

Have you seen The Machine Lite? The Machine Lite is the first financial software that lets traders and investors build quantified portfolios of backtested mean reversion

strategies for stocks and ETFs. If you own an IRA or manage investments in excess of $100K, then you owe it to yourself to attend the next free, online presentation on The Machine Lite by

TradingMarkets founder and CEO, Larry Connors. To learn more and to save your spot, click here.

Up by well over 4% on the first day of the trading week was ^FDX^. FDX has been trading consistently above the 200-day moving average since late September.

Pulling back on Cyber Monday were shares of ^BBY^ (below).

BBY chart

Down for two days in a row, Monday marked the stock’s first close below its 5-day moving average in more than a week.

Also lower for two back-to-back sessions was ^EBAY^ (below).

EBAY chart

Shares of eBay pulled back by nearly 3% on Monday. Despite the selling, the stock remains largely in the range it has traded in since early November.

Energy stocks were among those most sought after by buyers on Monday, with shares of both ^HAL^ and ^BHI^ advancing on the day. Shares of HAL gained more

than 3%, while BHI closed higher by more than 2%.

With 16 backtested strategies for trading bull markets, bear markets and sideways markets, Short Term Trading Strategies That Work by Larry Connors and Cesar Alvarez may be the most

important trading book you read this year. Click here to order your copy of Short Term Trading Strategies That Work today.

David Penn is Editor in Chief of TradingMarkets.com

Filed Under: Commentary, Recent, Short Term Trading Tagged With: 7 Stocks You Need to Know, Overbought, Oversold, pull back, Short Term Trading, stock trading, The Machine Lite, tradingmarkets

Buy The Fear, Sell The Greed

Buy The Fear, Sell The Greed

Swing Trading College

New Book From Larry Connors and Chris Cain, CMT – "The Alpha Formula; High Powered Strategies to Beat The Market With Less Risk"

We’re excited to announce the release of a new investment book written by Larry Connors and Chris Cain, CMT. The book, “The Alpha Formula; High Powered Strategies to Beat The Market With Less Risk “ combines… Hedge fund legend Ray Dalio’s brilliant insight into combining uncorrelated strategies… With new, minimally correlated, quantified, systematic strategies to trade… [Read More]

Buy The Alpha Formula Now

Connors Research Traders Journal (Volume 57): 7 Real-World Reasons Why Short Strategies Should Be Included In Your Portfolio

In our new book, The Alpha Formula – High Powered Strategies to Beat the Market with Less Risk, we show the benefits of including short-strategies in your portfolio. As a reminder, building portfolios should be based on First Principles – otherwise known as truths. These truths are: Markets Go Up Market Go Down Markets Go… [Read More]

Company Info

The Connors Group, Inc.
185 Hudson St., Suite 2500
Jersey City, NJ 07311
www.cg3.com

About Us

About
Careers
Contact Us
Link To Us

Company Resources

Help
Privacy Policy
Return Policy
Terms & Conditions

Properties

TradingMarkets
Connors Research

Connect with TradingMarkets

Contact

info@cg3.com
973-494-7311 ext. 628

Free Book

Short Term Trading Strategies That Work

© Copyright 2020 The Connors Group, Inc.

Copyright © 2023 · News Pro Theme on Genesis Framework · WordPress · Log in