Tuesday, January 15, 2008

Stocks to Watch Tuesday

Here are 7 trading ideas for today. This list comes directly from the TradingMarkets Stock Indicators page and is 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.
Ametek (NYSE:AME - News) & Anheuser-Busch (NYSE:BUD - News). AME's PowerRating (for Traders) is 8, and BUD'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.
Iron Mountain (NYSE:IRM - News). IRM's PowerRating (for Traders) is 8.
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.
Netscout Systems (NasdaqGS:NTCT - News). NTCT's PowerRating (for Traders) is 8.
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.
Intuitive Surgical (NasdaqGS:ISRG - News). ISRG's PowerRating (for Traders) is 7.
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.
H.B. Fuller (NYSE:FUL - News). FUL's PowerRatings (for Traders) is 2.
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.
Merill Lynch (NYSE:MER - News). MER's PowerRating (for Traders) is 3.

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Wednesday, November 14, 2007

CNBC's The Call Recap Nov. 13th

Trish Regan hosted Tuesday's show. Weak dollar and its positive impact on the housing market was presented first. Foreign investors are purchasing second homes and vacation condos here in America. Real Estate brokers say that Europeans are experiencing low prices for there vacation home purchases in locations such as Miami, FL. Mark Vitner of Wachovia says that foreign investors will, in a way, pave the way for an improvement in the weak currency. Dow up 170 pts. and S&P up 20 pts. Wal-Mart, IBM, J.P Morgan and American Express are today's DOW leaders. November is still on track to be worst month ever for stocks in five years. Wal-Mart, Home Depot, Tahlbots, and Aeropostale are among top retailers. Margaret Brennan of CNBC says Wal-Mart's improvement can be accredited to slow traffic within the stores, and correction with inventory consideration. Jeffrey Schwartz, Prologis Chairman and CEO; says under good management, there is always a way to appeal to the interests of the consumer, not just their budgets. Sirius Satellite Radio shareholders vote to approve merger with XM Satellite. Sharp Pullback for Oil; Rebecca Jarvis of CNBC says that Crude Oil is down 2%. Next, Kozlowski, former TYCO CEO gives prison tell all to CNBC. After taking millions upon millions from TYCO, Dennis Kozlowski will sit behind bars for the remainder of his life. Dow has biggest one day gain since October. Next, in the Tech Sector: Micrsoft Zune vs. Apple IPOD. Jim Goldman of CNBC says The Microsoft Zune will never compete with anything Apple can release. Apple has sold over 100 million IPODS since 2002. Lance Ulanoff, editor-in-chief of PC magazine says they gave the Zune the product of the year award because of unique features including a FM radio Tuner. Jim Goldman adds that despite Microsoft's low prices, people have shown through the years that the price on Apple products does not reflect a decrease in consumption. They love the iPOD! Next, Wendy Bounds of WSJ says Forum is a type of professional group therapy. In forum sessions, advice is not given, but similar stories are shared. With more than 60,000 members worldwide, Forum sessions are ever popular with entrepreneurs of the average age of 39.

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