These are today’s top 10 stocks on the In Play column on the SMB Radar.
This is the most important function of the scanner. The Radar uses a number of proprietary algorithms on a prescreened universe of stocks and processes every tick in search of finding stocks that are In Play. These stocks have unusually high order flow that indicates heavy institutional activity in the stock and tend to have a catalyst that is driving them for the day.
We prefer stocks that are very In Play. This is indicated by the brightness of the red, along with the IPR number (we prefer above 3.0). In Play stocks give us the best opportunity to make high probability intraday trades, with a good understanding of our risk.
Top 10 IPR: $DKS, $HPQ, $LBTYA, $RMBS, $CTRP, $MEE, $TJX, $NLSN, $CVH, $ANR
Keep in mind this is a snap shot, and the list could change frequently.
2 Comments on “SMB Radar Update for May 17, 2011”
Question:
When you say 14 days, do you mean two weeks, or do you mean 14 trading days?
kevin,
the trial is for 14 calendar days. generally 10 trading days.
steve