TradingMarkets 7 Trading Ideas for Today
Here are 7 trading ideas for today. These lists
come directly from the TradingMarkets Stock Indicators page and are 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 use the TradingMarkets
Stock Scanner to find potential setups, and the
Market Bias Indicators to help
determine short-term market direction. Futures and options traders can access
our daily
Options Indicators and
Futures Indicators.
Bullish
These are stocks that have closed down for five or more
consecutive days and are trading above their 200-day moving average. Our
research shows that stocks trading above their 200-day moving average that
close down for five or more days have shown positive returns, on average,
1-day, 2-days and 1-week later. Historically, these stocks have provided
traders with a significant edge. Historically, these stocks have provided
traders with a significant edge. To learn more about our research into stocks
that make five or more consecutive down days, and how to use this information,
click here.
ConocoPhillips
(
COP |
Quote |
Chart |
News |
PowerRating)
These are stocks that have a 2-period RSI reading below 2
and are trading above their 200-day moving average. Our research shows that
stocks trading above their 200-day moving with a 2-period RSI reading below 2
have shown positive returns, on average, 1-day, 2-days and 1-week later.
Historically, these stocks have provided traders with a significant edge. To
learn more about our research into stocks that have a 2-period RSI below 2,
and how to use this information,
click here.
iShares Lehman 7-10 Year Treasury Bond
(
IEF |
Quote |
Chart |
News |
PowerRating) & Parametric
Technology
(
PMTC |
Quote |
Chart |
News |
PowerRating)
These are stocks that have lost 10% or more over
the past five days and are trading above their 200-day moving average. Our
research shows that stocks trading above their 200-day moving average that have
lost 10% or more over the past five days have shown positive returns, on
average, 1-day, 2-days and 1-week later. Historically, these stocks have
provided traders with a significant edge. To learn more about our research into
stocks that have that have lost 10% or more over the past five days, and how to
use this information,
click here.
Sigma Designs
(
SIGM |
Quote |
Chart |
News |
PowerRating)
Bearish
These are stocks that have closed up for five or more
consecutive days and are trading below their 200-day moving average. Our
research shows that stocks trading below their 200-day moving average that
close up for five or more days have shown negative returns, on average, 1-week
later. Historically, these stocks have provided traders with a significant
edge. Historically, these stocks have provided traders with a significant
edge. To learn more about our research into stocks that make five or more
consecutive up days, and how to use this information,
click here.
Daktronics
(
DAKT |
Quote |
Chart |
News |
PowerRating)
These are stocks that have a 2-day RSI reading above 98 and
are trading below their 200-day moving average. Our research shows that stocks
trading below their 200-day moving average with a 2-period RSI reading above
98 have shown negative returns, on average, 1-day and 1-week later.
Historically, these stocks have provided traders with a significant edge. To
learn more about our research into stocks that have a 2-period RSI above 98,
and how to use this information,
click here.
Pepsi Bottling Group
(
PBG |
Quote |
Chart |
News |
PowerRating)
These are stocks that have gained 10% or more
over the past five days and are trading below their 200-day moving average. Our
research shows that stocks trading below their 200-day moving average that have
gained 10% or more over the past five days have shown negative returns, on
average, 1-week later. Historically, these stocks have provided traders with a
significant edge. To learn more about our research into stocks that have that
have lost 10% or more over the past five days, and how to use this information,
click here.
iRobot Corporation
(
IRBT |
Quote |
Chart |
News |
PowerRating)
John Lee
Associate Editor
Reminder: We are in no way recommending the
purchase or sale of these options. This article is intended for education
purposes only. Trading should be based on your own understanding of market
conditions, price patterns and risk; our information is designed to contribute
to your understanding.