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
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. To learn more about our research into stocks exhibiting this type of behavior, go to TradingMarkets.com.
Gaps Down 5% or More: Radioshack (NYSE:RSH - News). RSH's PowerRating is 8.
Laps Down 5% or More: Elan (NYSE:ELN - News). ELN's PowerRating is 8.
5+ Consecutive Down Days: Harvest Natural Resources (NYSE:HNR - News). HNR's PowerRating is 9.
5+ Consecutive Lower Lows: Checkpoint Systems (NYSE:CKP - News). CKP's PowerRating is 9.
2-Period RSI Below 2: O2Micro International (NasdaqGS:OIIM - News). OIIM'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: Nomura (NYSE:NMR - News). NMR's PowerRating is 3.
Stocks Up 10% or More: Vertex Pharmaceuticals (NasdaqGS:VRTX - News). VRTX's PowerRating is 3.
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: CKP, ELN, HNR, Hot Stocks, NMR, OIIM, RSH, VRTX