TradingMarkets 7 Trading Ideas for Today

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.

Nice-Systems (NICE | Quote | Chart | News | PowerRating). NICE's PowerRating (for Traders) is 6.

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.

Western Refining (WNR | Quote | Chart | News | PowerRating). WNR's PowerRating (for Traders) is 7.

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.

iRobot (IRBT | Quote | Chart | News | PowerRating). IRBT's PowerRating (for Traders) is 9.

Bearish

5+ Consecutive Up Days: These are stocks that have closed up 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 close up for five or more days have shown negative returns, on average, 1-week later. Historically, these stocks have provided traders with a significant edge.

AES Corporation (AES | Quote | Chart | News | PowerRating). AES's PowerRating (for Traders) 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.

Yahoo (YHOO | Quote | Chart | News | PowerRating). YHOO's PowerRating (for Traders) is 3.

2-Period RSI Above 98: These are stocks that have a 2-day RSI reading above 98 and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average with a 2-period RSI reading above 98 have shown negative returns, on average, 1-day and 1-week later. Historically, these stocks have provided traders with a significant edge.

Lear Corporation (LEA | Quote | Chart | News | PowerRating). LEA's PowerRating (for Traders) is 3.

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.

UGI Corporation (UGI | Quote | Chart | News | PowerRating). UGI's PowerRating (for Traders) is 4.

PowerRatings (for Traders) are courtesy of TradingMarkets.com