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.
LSI Logic
(
LSI |
Quote |
Chart |
News |
PowerRating)
These are stocks that have made a lower low 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
make lower lows 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. To learn more about our research into stocks
that make five or more consecutive lower lows, and how to use this
information,
click here.
Vanda Pharmaceuticals
(
VNDA |
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.
United Industrial
(
UIC |
Quote |
Chart |
News |
PowerRating) & Life Time Fitness
(
LTM |
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.
Radvision
(
RVSN |
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.
Pfizer
(
PFE |
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.
Molina Healthcare
(
MOH |
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.