Today the energy sector is leading the market lower. When looking for stocks that are in an intraday downtrend, we use the Trending Down column on the Radar. In today’s column, 7 out of 12 of the top Trending Down stocks are in the energy sector. Remember, the brighter the red, the more In Play the stock. The brighter blue, the less In Play the stock is. We prefer stocks that are most In Play as they give us the best opportunity to make high probability trades intraday.
Here is a real time snap shot of the Trending Down Column. The energy stocks on the list are: CXO, PXD, APA, EOG, CRK, OXY, and SUN
One Comment on “SMB Radar Update for April 12, 2011”
SMB Radar….. so cool.