Quantcast
  Free Report!
  5 Secrets to Short Term Stock Trading Success   
 



Quote


Stocks

Trading Ideas

Short Term
Long Term
All Trading Ideas


Trading Lessons

Strategies
Courses
Interviews
Glossary
All Trading Lessons


Daily Stock Setups

Connors Daily Battle Plan
Haggerty Professional
Kaltbaum Intra-day Set-ups
Short Term PowerRatings
Long Term PowerRatings
TM Indicators


Trading News

Markets Updates
Technical Alerts
Breaking News


PowerRatings

Short Term
Long Term
Charts


Indicators

Stocks
Market Bias


Quotes

Markets
Stocks
Charts
Level II
Historical Data
Options


Trading Contests

Up or Down




5 Top PowerRatings Tech Stocks for Traders
By David Penn | TradingMarkets.com | May 9, 2008

The broad-based selling of stocks to end the week may have sent a few traders home for the weekend unhappy. But traders who are savvy enough to see opportunity in corrections are likely to find bargains in the days to come from strong stocks that have pulled back.

Whether your style as a trader is to buy dips--as we do--or to buy breakouts, our Short Term PowerRatings can be a powerful ally in keeping you out of the stocks that are likely to disappoint and in helping steer you toward the stocks that, according to our research, have the best chance to outperform the average stock in the short term.

The lowest rated stocks in our Short Term PowerRatings, for example, were found to actually underperform the average stock by a margin of approximately 4.9 to 1 after five days. Imagine having a set of stocks that you have culled from a stock screener or a list of “Stocks On the Move” from a financial website or periodical, and not knowing that half of them, based on our proprietary research, actually have the odds stacked against them?

Knowing where these potential landmines may be in your list of stocks can be an invaluable assistance for a trader.

At the same time, of course, what trader would not love to know which of his or her top five or ten trading candidates in a given situation also belongs to a class of stocks (i.e., high Short Term PowerRating stocks) that has historically shown the capacity to outperform the average stock by 8 to 1, 13 to 1 or even 17 to 1?

This is what our Short Term PowerRatings can provide to short term stock traders who already have trading systems or methods they use and rely on every day. I’ve referred to this approach as using Short Term PowerRatings as a “final feature” and it is one of the ways that we encourage traders to use our PowerRatings.

All five stocks in today’s report have Short Term PowerRatings of 8 or 9. Our research, involving millions of simulated stock trades between 1995 and 2007, indicated that stocks with Short Term PowerRatings of 8 outperformed the average stock by a margin of more than 8 to 1 after five days.

Stocks with Short Term PowerRatings of 9 were all the more impressive, besting the average stock by a margin of more than 13 to 1 over the same, five-day time period.

In addition to each stock’s PowerRating, I have listed the 2-period Relative Strength Index values as of the close on Friday. We consider stocks with 2-period RSIs of less than 10 to be oversold, with stocks that have 2-period RSIs of less than 2 being treated as extremely oversold and most likely to reverse.

TTM Technologies Inc. (TTMI | news | PowerRating | PR Charts ) Short Term PowerRating 9. RSI(2): 4.80

FLIR Systems Inc. (FLIR | news | PowerRating | PR Charts ) Short Term PowerRating 9. RSI(2): 9.09

Skillsoft PLC ADR (SKIL | news | PowerRating | PR Charts ) Short Term PowerRating 8. RSI(2): 7.36

Rambus Inc. (RMBS | news | PowerRating | PR Charts ) Short Term PowerRating 8. RSI(2): 5.57

Celestica Inc. (CLS | news | PowerRating | PR Charts ) Short Term PowerRating 8. RSI(2): 4.53

Does your stock trading need a tune-up? Our highest Short Term PowerRatings stocks have outperformed the average stock by a margin of nearly 17 to 1 after five days.

Click here to start your free, 7-day trial to our Short Term PowerRatings

Whether you have a trading strategy of your own that could use a boost or are looking for a way to tell the stocks that will move higher in the short term from the stocks that are more likely to disappoint, our Short Term PowerRatings are based on more than a decade of quantified, backtested simulated stock trades involving millions of stocks between 1995 and 2007. Click the link above or call us at 888-484-8220, extension 1, and start your free trial today.


Related Articles

PREMIER SPONSORED LINKS
TRADE CENTER
 
 
 

The TradingMarkets Directory
Stocks
Quotes
Charts
How to Trade
Commentary and Analysis
PowerRatings
Training Classes
Tools
Stock Scanner
Daily Market Bias

Options
Quotes
Charts
How to Trade
Commentary and Analysis

Forex
How to Trade
Forex Momentum Index
Pivots

E-mini/Futures
Quotes
Charts
How to Trade
Daily Market Bias

How to Trade
Stocks
Options
Forex
E-mini/Futures
Glossary

Tools
Short Term PowerRatings
Long Term PowerRatings
Stock Screener
Quotes & Charts
Stock Indicators
Market bias Indicators

PowerRatings
Short Term PowerRatings
Long Term PowerRatings
Industry PowerRatings
PowerRatings Charts
Training Classes
PowerRatings Strategies
Search PowerRatings

Trading Contests
Up or Down Stock Contest
#1 - Win $1000 every month

Up or Down Forex Contest -
Win $1000 every month


Premium Subscription Services
Short Term PowerRatings Free Trial
Long Term PowerRatings Free Trial
TradingMarkets Subscription Free Trial
Daily Battle Plan Free Trial
Gary Kaltbaum - Intraday Breaking Alerts Free Trial
Kevin Haggerty Professional Trading Service Free Trial
Forex Force with Mark Whistler Free Trial

RELATED SITES
Nothing but forex





All analyst commentary provided on TradingMarkets.com is provided for educational purposes only. The analysts and employees or affiliates of TradingMarkets.com may hold positions in the stocks or industries discussed here. This information is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on TradingMarkets.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.

© 2008 The Connors Group, Inc.