Wall Street Addict

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
Laps Down 5% or More: These are stocks that lap down by 5% or more and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that lap down by more than 5% have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
True Religion Apparel (NasdaqGM:TRLG - News). TRLG's PowerRating (for Traders) is 5.
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.
Watson Pharmaceuticals (NYSE:WPI - News). WPI'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.
Digi International (NasdaqGS:DGII - News). DGII's PowerRating (for Traders) is 6.
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.
Elan (NYSE:ELN - News). ELN's PowerRating is 8.
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.
THQ Incorporated (NasdaqGS:THQI - News). THQI'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.
MBIA Incorporated (NYSE:MBI - News) & NBT Bancorp (NasdaqGS:NBTB - News). MBI's PowerRating (for Traders) is 6, and NBTB's PowerRating (for Traders) is 3.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: DGII, ELN, Hot Stocks, MBI, NBTB, THQI, TRLG, WPI

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
Our research shows that stocks exhibiting this price behavior, while trading above their 200-day moving average, have on average, shown positive returns 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Gaps Down 5% or More: Volcom (NasdaqGS:VLCM - News). VLCM's PowerRating is 8.
Laps Down 5% or More: Kyocera (NYSE:KYO - News). KYO's PowerRating is 7.
5+ Consecutive Down Days: Raser Technologies (NYSE:RZ - News). RZ's PowerRating is 10. 5+ Consecutive Lower Lows: Gulfport Energy (NasdaqGS:GPOR - News). GPOR's PowerRating is 9.
2-Period RSI Below 2: True Religion Apparel (NasdaqGM:TRLG - News). TRLG's PowerRating is 9.
Bearish
Our research shows that stocks exhibiting this price behavior, while trading below their 200-day moving average, have on average, shown negative returns 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
5+ Consecutive Up Days: ProShares UltraShort Mid Cap 400 (AMEX:MZZ - News). MZZ's PowerRating is 3.
5+ Consecutive Higher Highs: ProShares UltraShort Dow 30 (AMEX:DXD - News). DXD's PowerRating is 4.
Reminder: We are in no way recommending the purchase or sale of these stocks. 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.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: DXD, GPOR, Hot Stocks, KYO, MZZ, RZ, TRLG, VLCM