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.
Bullish
Gaps Down 5% or More: These are stocks that gap down by 5% or more and are trading above their 200-day
moving average. Our research shows that stocks trading above their 200-day
moving average that gap down by more than 5% have shown positive returns, on
average, 1-day, 2-days and 1-week later. Historically, these stocks have
provided traders with a significant edge.
China Netcom
(
CN |
Quote |
Chart |
News |
PowerRating). CN’s PowerRating is 7.
Laps Down 5% or More: These are stocks that lap down by 5% or more and are trading above their 200-day
moving average. Our research shows that stocks trading above their 200-day
moving average that lap down by more than 5% have shown positive returns, on
average, 1-day, 2-days and 1-week later. Historically, these stocks have
provided traders with a significant edge.
Mexico Fund
(
MXF |
Quote |
Chart |
News |
PowerRating). MXF’s PowerRating is 7.
5+ Consecutive Down Days: 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.
Alcoa
(
AA |
Quote |
Chart |
News |
PowerRating). AA’s PowerRating is 7.
5+ Consecutive Lower Lows: 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.
Google
(
GOOG |
Quote |
Chart |
News |
PowerRating). GOOG’s PowerRating is 6.
2-Period RSI Below 2: 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.
Deere
(
DE |
Quote |
Chart |
News |
PowerRating). DE’s PowerRating is 7.
Stocks Down 10% or More: 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.
CIT Group
(
CIT |
Quote |
Chart |
News |
PowerRating) & Southern Peru Copper
(
PCU |
Quote |
Chart |
News |
PowerRating). CIT’s PowerRating is 7, and PCU’s PowerRating is 7.
PowerRatings are courtesy of PowerRatings.net
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.