A truly “rad” performance from Radvision follows a major ratings upgrade to “consider buying” levels.
A four-day pullback into oversold territory last week helped alert short-term traders to an opportunity in shares of APEI.
Relying on the data is a great way to avoid being distracted by the market’s bias du jour.
“Consider avoiding” ratings and intraday entries helped active investors take advantage of overbought bank stocks this past week.
While the S&P 500 rallied by well over 1% over the past week, traders in Homex Development made almost twice as much betting against an overbought stock.
The gain of more than 6% in shares of MSO makes Martha Stewart Living Omnimedia our final Stock Trade of the Week for 2011.
Stock of the Week: As stocks rolled over from their post-Thanksgiving holiday rally, some of the lowest rated, most overbought stocks provided excellent opportunities for short-term traders.