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.
Dril-Quip (DRQ | Quote | Chart | News | PowerRating)
To learn more about our research into stocks that gap down, and how to use
this information,
click here.
Apex Silver Mines (SIL | Quote | Chart | News | PowerRating)
To learn more about our research into stocks that lap down, and how to use
this information,
click here.
Linn Energy (LINE | 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.
Tyson Foods (TSN | 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.
Terra Nitrogen (TNH | 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.
Nordstrom (JWN | 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.
DivX (DIVX | Quote | Chart | News | PowerRating)
To learn more about our research
into stocks up 10% or more, and how to use this
information,
click here.
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.