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.
Bullish
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.
U.S. Cellular
(
USM |
Quote |
Chart |
News |
PowerRating) & Acadia Pharmaceuticals
(
ACAD |
Quote |
Chart |
News |
PowerRating).
USM’s PowerRating (for Traders) is 8, and ACAD’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.
Las Vegas Sands
(
LVS |
Quote |
Chart |
News |
PowerRating) & UAL Corporation
(
UAUA |
Quote |
Chart |
News |
PowerRating).
LVS’s PowerRating
(for Traders) is 8, and UAUA’s PowerRating (for Traders) is 7.
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.
Metal Management
(
MM |
Quote |
Chart |
News |
PowerRating). MM’s PowerRating (for Traders) is
8.
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.
Wynn Resorts
(
WYNN |
Quote |
Chart |
News |
PowerRating). WYNN’s PowerRating (for Traders)
is 7.
Bearish
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.
Westwood One
(
WON |
Quote |
Chart |
News |
PowerRating). WON’s PowerRating (for Traders) is
4.
Go to TradingMarkets.com for Today’s Top 25 Stocks.