TradingMarkets 7 Trading Ideas For Today

By | TradingMarkets.com | June 05, 2007 12:00 AM
Symbols: LVS, ACOR, EXEL, UTHR









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.



Bullish



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.



Exelixis ( EXEL | Quote | Chart | News | PowerRating).
EXEL's PowerRating is 7.



Pioneer Companies ( PONR | Quote | Chart | News | PowerRating).
PONR's PowerRating is 4.



5+ Consecutive Lower Lows: These are stocks that have made a lower low 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
make lower lows 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.



United Therapeutics ( UTHR | Quote | Chart | News | PowerRating).
UTHR's PowerRating is 7.



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.



Acorda Therapeutics ( ACOR | Quote | Chart | News | PowerRating).
ACOR's PowerRating is
9.



Bearish



5+ Consecutive Up Days: 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.



Las Vegas Sands ( LVS | Quote | Chart | News | PowerRating).
LVS' PowerRating is 3.



Progressive Corporation ( PGR | Quote | Chart | News | PowerRating).
PGR's PowerRating is 4.




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.



Rackable Systems ( RACK | Quote | Chart | News | PowerRating). RACK's PowerRating is
2.



PowerRatings are courtesy of PowerRatings.net



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: June 05, 2007

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