Jim Cramer Blog

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: A. M. Castle & Co. (NYSE:CAS - News). CAS's PowerRating is 6.
Laps Down 5% or More: BluePhoenix Solutions (NasdaqGM:BPHX - News). BPHX's PowerRating is 6.
5+ Consecutive Down Days: Peru Copper (AMEX:CUP - News). CUP's PowerRating is 8.
5+ Consecutive Lower Lows: Sanderson Farms (NasdaqGS:SAFM - News). SAFM's PowerRating is 8.
2-Period RSI Below 2: Atlas America (NasdaqGS:ATLS - News). ATLS's PowerRating is 8.
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: Old Dominion Freight Line (NasdaqGS:ODFL - News). ODFL's PowerRating is 3.
Stocks Up 10% or More: TurboChef Technologies (NasdaqGM:OVEN - News). OVEN's PowerRating is 3.

Labels: ATLS, BPHX, CAS, CUP, Hot Stocks, ODFL, OVEN, SAFM

Here are 7 stocks to watch for today. This list comes directly from the TradingMarkets Stocks Indicators page.
Stocks Ready to Surge: These are the stocks that today made new 10-day lows that are still in an uptrend as they are trading above their 200-day moving average. They are sorted in rank according to how over-extended they are vs. their 10-day moving average. For example, the top ranked stock is trading the furthest distance from its 10-day moving average on a percentage basis. Historically, these stocks on average have had larger than normal short-term upside reversals.
Copart (NASDAQ:CPRT - News). CPRT's PowerRating is 6.
Low-Priced Stocks Ready to Surge: These are the stocks under $10/share that today made new 10-day lows that are still in an uptrend as they are trading above their 200-day moving average. They are sorted in rank according to how over-extended they are vs. their 10-day moving average. For example, the top ranked stock is trading the furthest distance from its 10-day moving average on a percentage basis. Historically, these stocks on average have had larger than normal short-term upside reversals. Please note: All stocks carry risk and low-priced stocks usually come with even more risk. Always use caution.
SupportSoft (NASDAQ:SPRT - News). SPRT's PowerRating is 8.
Pullbacks from Highs: Most successful momentum-based traders and money managers like to buy strong stocks after they pull back. TradingMarkets.com uses a proprietary mathematical model to identify up to 30 (in weak or choppy markets there will be fewer) of the strongest stocks that have pulled back from recent highs. These stocks should be considered potential candidates to resume their longer-term up trends.
Cyberonics (NASDAQ:CYBX - News). CYBX's PowerRating is 3.
Trading Where the Action Is: This list contains the most volatile stocks over the past 50 trading days. These stocks are only for the most aggressive traders who are willing to assume a high degree of risk in order to capture larger gains.
Medis Technologies (NASDAQ:MDTL - News). MDTL's PowerRating is 4.
Stocks Ready to Drop: These are the stocks that today made new 10-day highs that are still in an downtrend as they are trading below their 200-day moving average. They are sorted in rank according to how over-extended they are vs. their 10-day moving average. For example, the top ranked stock is trading the furthest distance from its 10-day moving average on a percentage basis. Historically, these stocks on average have had larger than normal short-term downside reversals.
Fairchild Semiconductor (NYSE:FCS - News). FCS's PowerRating is 3.
Pullbacks from Lows: Most successful momentum-based traders and money managers like to sell weak stocks after they pull back. TradingMarkets.com uses a proprietary mathematical model to identify up to 20 (in strong or choppy markets there will be fewer) weak stocks that have pulled back from recent lows. These stocks should be considered potential candidates to resume their longer-term downtrends.
CA, Inc (NYSE:CA - News). CA's PowerRating is 3.
Short Windows Candidates: These are stocks which are in a strong downtrend, as determined by a proprietary trend filter and whose current bar has its low above the 4-day moving average. Historically, these stock on average have had a larger than normal short-term downside reversals. In order to qualify as a "Trading Window" candidate, the 10-period ADX must be 30 or higher and the -DI must be greater than the +DI. Or we must have a 14-period -DI reading of above 30 (with no ADX reading required). "Single Windows" are the most common type of Windows. They are simply a single bar which has its low of the day above the 4-period moving average.
Bausch & Lomb (NYSE:BOL - News). BOL's PowerRating is 4.

Labels: BOL, CAS, CPRT, CYBX, FCS, Hot Stocks, MDTL, SPRT