TradingMarkets 7 Trading Ideas for Today

Here are 7 trading ideas for today. This list comes directly
from the TradingMarkets Stock Indicators page and
is 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
access the

Market Bias Indicators
, to help determine short-term market direction.
Futures and options traders can access our daily
Options
Indicators
and
Futures
Indicators
.

Plus, don’t forget to use
the free
TradingMarkets Stock Scanner to find
more potential setups.

Bullish

Our research shows that stocks exhibiting this price behavior, while
trading above their 200-day moving average, have on average, shown positive
returns 1-day, 2-days and 1-week later. Historically, these stocks have
provided traders with a significant edge.



Gaps Down 5% or More

Compuware
(
CPWR |
Quote |
Chart |
News |
PowerRating)

To learn more about our research into stocks that gap down, and how to use
this information,

click here
.



Laps Down 5% or More

Dendreon
(
DNDN |
Quote |
Chart |
News |
PowerRating)

To learn more about our research into stocks that lap down, and how to use
this information,

click here
.



5+ Consecutive Down Days

State Street Corporation
(
STT |
Quote |
Chart |
News |
PowerRating)

To learn more about our research into stocks
that make five or more consecutive down days, and how to use this information,

click here
.



5+ Consecutive Lower Lows

Hormel Foods
(
HRL |
Quote |
Chart |
News |
PowerRating)

To learn more about our research into stocks
that make five or more consecutive lower lows, and how to use this
information,

click here
.


2-Period RSI Below 2

Mastercard
(
MA |
Quote |
Chart |
News |
PowerRating)

To learn more about our research into stocks that have a 2-period RSI below 2,
and how to use this information,

click here
.

Bearish

Our research shows that stocks exhibiting this price behavior, while
trading below their 200-day moving average, have on average, shown negative
returns 1-day, 2-days and 1-week later. Historically, these stocks have
provided traders with a significant edge.


5+ Consecutive Up Days

NYSE Euronext
(
NYX |
Quote |
Chart |
News |
PowerRating)

To learn more about our research into stocks that make five or more
consecutive up days, and how to use this information,

click here
.



5+ Consecutive Higher Highs

JDS Uniphase
(
JDSU |
Quote |
Chart |
News |
PowerRating)

To learn more about our research
into stocks that make five or more consecutive lower lows, and how to use this
information,

click here
.

John Lee

Associate Editor


johnl@tradingmarkets.com

Reminder: We are in no way recommending the purchase or sale
of these stocks. 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.