Strong Volume Gainers (EBND,QAI,DBV,DSLV,AEGR)
What's a Strong Volume Gainer?
A strong volume gainer is when volume is four times greater than the 20-day SMA and is above yesterday's close.
Higher volume many times offers profits from mathematical correlation speculating, arbitraging takeover attempts or mean reversion trading. Looking to trade strong volume gainers? Look no further, the Masters have you covered. Out of a multitude of stocks, here are our top 5 picks.
SPDR Barclays Capital EM Local Bond ETF (EBND) is currently trading at $32.54 on volume of 422,860. Its 52 week range is between $28.32 and $32.70. The EBND is made up of some high quality names and with momentum pushing higher -- its time for a gander.
IQ Hedge Multi-Strategy Tracker ETF (QAI) is currently trading at $28.24 on volume of 276,525. Its 52 week range is between $26.78 and $28.83.
PowerShares DB G10 Currency Harvest (DBV) is currently trading at $25.15 on volume of 496,488. Its 52 week range is between $22.9 and $25.68.
VelocityShares 3x Inverse Silver ETN (DSLV) is currently trading at $23.33.on volume of 1,399,942. Its 52 week range is $18.99 and $70.10.
Aegerion Pharmaceuticals Inc (AEGR) is currently trading at $17.80 on volume of 1,242,504. Its 52 week range is between $11.75 and $17.72.
MASTERY Bottom line:
A stock moving up in price on higher than normal volume indicates strong buying conviction that could carry the stock even higher. A stock headed lower on big volume increases could signal strong selling pressure and an emerging downward trend. However, while it is easy to find a system that has worked well in the past, there's no guarantee that it will work in the future..
Best of the Blogs
Scanning and identifying the best blog entries every hour
- The Unseen Revolution in Chinese Finances | Financial Sense
- Why Garbagemen Should Earn More Than Bankers | ZeroHedge
- Major Dollar Shortage Exposed In Europe As Deutsche Bank Contagion Spreads | ZeroHedge
- The Not so Silent Demise of Deutsche Bank | Financial Sense
- Julian Robertson: "Janet Yellen Has Created A Serious Bubble And Pain Is Coming" | ZeroHedge
- Gold Bullion 'Vulnerable' Below $1335 as US Fed & Euro Interest-Rate Policies Challenged | Financial Sense
- Gold Price Heads for Another $75 Quarterly Gain as Fed Holds Rates, UN Warns of 'Crisis Part 3' | Financial Sense
The most relevant financial news and articles from the Internets
- Why you should absolutely shell out thousands of dollars for this 'outdated'... | Business Insider
- Amazon is crushing Macy's, Nordstrom, and Kohl's | Business Insider
- A timeless 6-step guide to getting rich, according to a 79-year-old personal finance... | Business Insider
- J.J. Abrams promises movies for 'Portal' and 'Half... | Business Insider
- Russia says it will continue bombing campaign in Syria... | Business Insider
- Colin Kaepernick lost a ton of weight over the offseason, and... | Business Insider
- Chesapeake Energy says it's been subpoenaed over its accounting practices (... | Business Insider