Like Trading Low-Price Stocks? Try This...
This PowerRatings strategy we're going to take a look at how you can use PowerRatings to trade Low-Price Stocks.
PowerRatings is a powerful day trading tool. PowerRatings subscribers can access a list of the Top 10 PowerRatings Low-Price Stocks.
The following list of low-priced stocks all had PowerRatings of 8 on 02/28/06:
ASE Test (ASTS), Ciena (CIEN), Qiao Xing Universal (XING), Bally Total Fitness (BTF) and Antigenics (AGEN).
We've also included the chart of the S&P 500 over the same period. As you can see, while these five stocks recorded good gains, the S&P 500 actually went down over the same 5-day timeframe.
Here's a chart (courtesy of
www.stockcharts.com) that puts the performance of these five stocks versus the S&P 500 in perspective.
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http://images.tradingmarkets.com/2006/Ashton/AD030806-04.gif
http://images.tradingmarkets.com/2006/Ashton/AD030806-05.gif
http://images.tradingmarkets.com/2006/Ashton/AD030806-08.gif
http://images.tradingmarkets.com/2006/Ashton/AD030806-07.gif
This list clearly shows that even when the S&P 500 goes down there are still good trading opportunities, if you know where to look. PowerRatings can help you find those opportunities.
Click here
http://www.powerratings.net/prtrial.cfm?hcode=freetrialprhome to take a free trial of PowerRatings.
You can also attend a free class
http://www.tradingmarkets.com/.site/daytrading/free/classes/free_trading_classes.cfm on how to use PowerRatings presented by Steve Primo, our Director of Education.
Tradingmarkets.com
http://www.tradingmarkets.com
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