This Week’s ConnorsRSI Pullback Strategy Buy Candidates

list

Just three stocks – Mobile Telesystems OJSC (NYSE: MBT), Cheetah Mobile Inc. (NYSE: CMCM) and Aspen Technology (NASDAQ: AZPN) – are set up as potential buys under the ConnorsRSI Pullback Strategy. Traders are often content with trading strategies that find winners about half the time. Variations of the ConnorsRSI Pullback Strategy have win rates greater [Read More]

Should Be a Quiet Day

Larry Connors

The market is fairly neutral heading into the final day of a very good month. Yesterday held in well and you can expect to see low volume today ahead of the holiday weekend. If you are looking for oversold markets look abroad. The ETFs of some do offer some possibilities but overall unless something out [Read More]

Leveraged ETFs Highlight Trading Opportunities as Russia Falls and Gold Rises

Once again the news from the Ukraine took an ominous turn. In a pattern that has unfolded before, Russian stocks fell on news from the region and gold prices rose. The price moves created potential buying opportunities as leveraged ETFs tracking the markets became oversold. Direxion Daily Russia Bull 3X ETF (NYSE: RUSL), a leveraged [Read More]

News Will Likely Predominate Trading Today

Larry Connors

The market is overbought with all three major indices closing at high 2 and 4 period RSI readings. Trading volume is usually light the two-days before the Labor Day holiday weekend and any type of economic or geopolitical news could provide an exaggerated move. This morning there’s a lot of focus coming from Ukraine and [Read More]

Google Among the Biggest Names on Oversold List

1

Larry Connors will be managing money on a full-time basis beginning in 2015. Therefore, this summer will be the final time that he will be teaching his strategies and research to the public. Starting in July until mid-September, Larry will be teaching his “Top 20 Strategies”. The Top 20 Strategies represent the best of Larry Connors’ research. The strategies and research are not only what [Read More]

Month-End Upward Bias In Full Force

Larry Connors

The month-end upward bias I mentioned on Monday has been in full force the past two days. My only concern at this point is that yesterday saw unusual behavior with IWM rising significantly while SPLV (the S&P 500 Low Volatility ETF) dropped for the day. As we have discussed before, SPLV is made up of [Read More]

Tracking Market Breadth with The TradingMarkets Screener

3

Breadth indicators are used to determine how many stocks are participating in a trend. Market breadth indicators often confirm when the broad stock market is overbought or oversold. Traders can gain insight into market breadth by filtering stocks with The TradingMarkets Screener. Generally, traders expect to see most stocks moving in the same direction as [Read More]

Trade Strategies That Have Symmetry

SLB11

The SPX declined -4.3% from the 1991.4 7/24/2014 high to the 1904.8 low on 8/7/2014, which was the 3rd pullback to the 100-DEMA zone in 2014. The index only closed one day below the 100-DEMA and has since reversed +5.2% in 13 TD`s to todays 2004.8 intraday high at 11:15AM EST. The current market reversal [Read More]

Indian ETFs Make Potential Buy List

1

Larry Connors will be managing money on a full-time basis beginning in 2015. Therefore, this summer will be the final time that he will be teaching his strategies and research to the public. Starting in July until mid-September, Larry will be teaching his “Top 20 Strategies”. The Top 20 Strategies represent the best of Larry Connors’ research. The strategies and research are not only what [Read More]

Expect Continued Upward Buying Pressure

Larry Connors

The month-end upward bias is now in effect. Since in 1990’s prices have historically risen in the final week of the month, especially when the market is above its 200 day ma so expect continued upward buying pressure here. For today’s official Daily Battle Plan set-ups click here.

Disclaimer: The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.
It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.

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.