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.
Fording Canadian Coal Trust
(
FDG |
Quote |
Chart |
News |
PowerRating). FDG’s PowerRating is 6.
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.
Intel
(
INTC |
Quote |
Chart |
News |
PowerRating). INTC’s PowerRating is 6.
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. Historically, these stocks have provided traders with a significant edge.
Darden Restaurants
(
DRI |
Quote |
Chart |
News |
PowerRating). DRI’s PowerRating is 6.
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.
Tyco International
(
TYC |
Quote |
Chart |
News |
PowerRating). TYC’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.
Pep Boys
(
PBY |
Quote |
Chart |
News |
PowerRating). PBY’s PowerRating is 7.
Bearish
5+ Consecutive Up Days: 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.
Las Vegas Sands
(
LVS |
Quote |
Chart |
News |
PowerRating). LVS’s PowerRating 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.
Ares Capital Corporation
(
ARCC |
Quote |
Chart |
News |
PowerRating). ARCC’s PowerRating is 4.
PowerRatings (for Traders) are courtesy of TradingMarkets.com
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.