Larry Connors, Chairman & Founder, Connors Research

About Larry Connors

Larry Connors has over 30 years in the financial markets industry. His opinions have been featured at the Wall Street Journal, Bloomberg, Dow Jones, & many others. For over 15 years, Larry Connors and now Connors Research has provided the highest-quality, data-driven research on trading for individual investors, hedge funds, proprietary trading firms, and bank trading desks around the world.

 

Larry has been published extensively, with titles like How Markets Really Work, Short Term Trading Strategies That Work, High Probability ETF Trading, and The Connors Research Trading Strategy Series including our latest Guidebook High Probability Trading with Multiple Up & Down Days.

Watch VXX

Larry Connors

Today the market is short-term oversold. The breadth of this selling is leaving few sectors and ETFs showing any type of leadership. Also any growth related leadership is not appearing. In fact, many markets are behaving as if a global economic slowdown is occurring. I would have expected some end-of Q3 window dressing but that [Read More]

Correlations Have Greatly Increased

Larry Connors

Today the market is back to short-term oversold. Correlations have greatly increased and selling has been global with every liquid Country Fund ETF in the world (there are over 70) coming into the day with ConnorsRSI readings under 35. Another down day will provide a good opportunity to begin scaling into the ETFs which are [Read More]

It’s Now Better to Wait

Larry Connors

Today the market is back to short-term neutral. Because volatility has increased, it’s now better to wait for larger one-day down moves or two day in-a row down moves before entering oversold index positions. For today’s official Daily Battle Plan set-ups click here.

The Game has Changed from Where it Was

Larry Connors

The higher volatility is now allowing for greater trading opportunities as many ETFs, especially SPY moved from oversold to overbought and back to oversold this week. Overall the change in volatility we began discussing in July is continuing to play itself out with the market looking more and more like 2007. I don’t believe we [Read More]

The End-of-the Month Upward Bias Kicked In

Larry Connors

Daily Battle Plan subscribers should have locked in their gains on SPY on yesterday’s close. The market is now back to neutral territory after yesterday’s rally from oversold conditions. The End-of-the Month upward bias in prices kicked in and may factor into prices over the next few days. Overall though, the rally was broad and [Read More]

There are Two Ways to Approach this from Here

Larry Connors

The market is getting into rare air territory with a broad spectrum of equity indices and their accompanying ETFs reaching single digit ConnorsRSI levels. The selling is global and it has covered the range of high volatility instrument’s to safer, lower volatility equity instruments. Overall though, as I mentioned last week, this type of selling [Read More]

Closer to Levels Which Have Historically Seen Good Bounces

Larry Connors

The market is now short-term oversold and opportunities are beginning to arise. I like that fact that yesterday saw fear as seen in the volatility products and as seen in the news stories. The pullback may go another day or so but it’s reaching closer to levels which have historically seen good bounces. Today’s Potential [Read More]

1-2 more pause/pullback Days to Get Short-Term Oversold Conditions

Larry Connors

Friday was a pause day from overbought conditions and it will take 1-2 more pause/pullback days to get the market to an attractive short-term oversold condition.

Leadership in Sectors that Normally Lead Bull Markets

Larry Connors

The market is overbought and we’ll likely see a pause/small pullback within 1-3 days. The level of bullishness is very high (even higher than June) but outside of that the market is seeing leadership in sectors that normally lead bull markets. For today’s official Daily Battle Plan set-ups click here.

Few Edges in the Major Indices Today

Larry Connors

The market is slightly overbought and yesterday’s Fed decision was in line with expectations. There are very few edges in the major indices today and we’ll wait patiently for the markets next move (it always comes). For today’s official Daily Battle Plan set-ups click here.

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