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
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.
Verigy
(
VRGY |
Quote |
Chart |
News |
PowerRating). VRGY’s PowerRating (for Traders) 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.
Clear Channel Communications
(
CCU |
Quote |
Chart |
News |
PowerRating). CCU’s PowerRating (for
Traders) is 6.
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.
iRobot
(
IRBT |
Quote |
Chart |
News |
PowerRating). IRBT’s PowerRating (for Traders) is 9.
Bearish
5+ Consecutive Up Days: 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.
E.W. Scripps
(
SSP |
Quote |
Chart |
News |
PowerRating). SSP’s PowerRating (for Traders) is 3.
5+ Consecutive Higher Highs: These are stocks that have made a
higher high 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 make higher highs for five or more days have shown
negative returns, on average, 1-day, 2-days and 1-week later. Historically,
these stocks have provided traders with a significant edge.
Weyerhaeuser
(
WY |
Quote |
Chart |
News |
PowerRating). WY’s PowerRating (for Traders) is 4.
2-Period RSI Above 98: 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.
KeyCorp
(
KEY |
Quote |
Chart |
News |
PowerRating). KEY’s
PowerRating (for Traders) is 3.
Stocks Up 10% or More: 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.
Lehman Brothers
(
LEH |
Quote |
Chart |
News |
PowerRating). LEH’s PowerRating (for Traders) is 3.
PowerRatings (for Traders) are courtesy of TradingMarkets.com