TradingMarkets 7 Trading Ideas for Today

By | TradingMarkets.com | March 15, 2007 12:00 AM
Symbols: AIG, WY, CLHB, DTPI, NYNY

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.


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 use the TradingMarkets
Stock Scanner to find potential setups, and the
Market Bias Indicators to help
determine short-term market direction. Futures and options traders can access
our daily
Options Indicators and
Futures Indicators.


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. To
learn more about our research into stocks that gap down, and how to use this
information,

click here
.

Clean Harbors ( CLHB | Quote | Chart | News | PowerRating)




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. To
learn more about our research into stocks that lap down, and how to use this
information,

click here
.

Diamond Management & Tech ( DTPI | Quote | Chart | News | PowerRating)




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. To learn more about our research into stocks
that make five or more consecutive down days, and how to use this information,

click here
.

Weyerhaeuser ( WY | Quote | Chart | News | PowerRating)




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. To
learn more about our research into stocks that have a 2-period RSI below 2,
and how to use this information,

click here
.

American International Group ( AIG | Quote | Chart | News | PowerRating)




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. To learn more about our research into
stocks that have that have lost 10% or more over the past five days, and how to
use this information,

click here
.

Empire Resorts ( NYNY | Quote | Chart | News | PowerRating)


Bearish




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. To learn more about our research
into stocks that make five or more consecutive lower lows, and how to use this
information,

click here
.

Magna International ( MGA | Quote | Chart | News | PowerRating)




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. To learn more about our research into stocks that have that
have lost 10% or more over the past five days, and how to use this information,

click here
.

Genesis Microchip ( GNSS | Quote | Chart | News | PowerRating)


John Lee

Associate Editor

johnl@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.


Original publication: March 15, 2007

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