Use PowerRatings with the TradingMarkets Strongest Stocks Under $10 list
TradingMarkets
Indicators
page is designed to help with your daily research, formulate trading strategies,
learn about the market and generally improve your trading knowledge. It contains
a list of “Today’s Top Stocks” broken down into a number of different categories.
Today’s
PowerRatings article is going to focus on combining
TradingMarkets
Strongest Stocks Under $10Â with PowerRatings.
These are the 20 strongest stocks trading below $10, as measured by our
proprietary relative strength model. Traders who like to focus on lower-priced
stocks will be especially interested in this list. (Please note that the cut-off
price is $3/share.)
Only 6 of the 20 candidates for 06/27/06 qualify for a
PowerRating.
Symbol | PowerRating |
( AETH | Quote | Chart | News | PowerRating) |
3 |
( FSII | Quote | Chart | News | PowerRating) |
3 |
( IHR | Quote | Chart | News | PowerRating) |
5 |
( SIRI | Quote | Chart | News | PowerRating) |
3 |
( UTSI | Quote | Chart | News | PowerRating) |
4 |
( XJT | Quote | Chart | News | PowerRating) |
3 |
Out of those 6 stocks, none have high enough
PowerRatings to warrant serious consideration as potential buys.
From 1995-2005, stocks rated 7 have outperformed the S&P 500 by a better than
4-1 margin over a five-day period. Stocks rated 8 have outperformed the S&P 500
by a better than 8-1 margin; stocks rated 9 have outperformed the S&P 500 by a
13-1 margin, and those stocks that have achieved a 10
PowerRating have
outperformed the S&P 500 by a 16.9-1 margin.
Over the same test period (1995-2005), stocks with a PowerRating of 1, 2 or 3 have underperformed the
S&P 500 over the next five-days. The 1’s have performed 4.9 times worse than the
S&P 500, the 2’s have performed worse than the S&P 500, and the 3’s have only
managed 90% of the S&P 500 performance.
Reminder: We are in no way recommending the purchase or short sale of these
stocks. Trading should be based on your own understanding of market conditions,
price patterns and risk; our information is designed to contribute to your
understanding. Controlling risk through the use of protective stops is critical.
You can
attend a free
class on how to use
PowerRatings,
presented by Steve Primo, our Director of Education.
Click here
to take a free trial of
PowerRatings.
Ashton Dorkins
Editor-in-Chief
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