Sat, Apr 19, 2014, 2:01 AM EDT - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Inergy, L.P. Message Board

  • youndsukim youndsukim Jan 4, 2004 10:40 PM Flag

    Incredible performer...

    The month of January does have some notable splits taking place, with names such as DHI and NRGY on the 12th. Keep an eye on
    NRGY, even thought it only trades about 10K shares a day, it's been an incredible performer. (IMO)

    TIP

    Late day momentum in either a particular stock or the overall market
    typically carries over into the first part of the next day.

    Any time a stock rallys on the close, look for a strong open the
    next day. The same is true for the overall market.When new information
    about a company spreads and causes a strong increase in buying (or
    selling)in a particular stock and the buying (or selling) HAS to stop
    because the market closes it creates even stronger demand (or supply)
    for the stock the next morning. This happens because:

    1. All the current buyers didn't get enough stock and still have
    open buy orders.

    2. The traders that gravitate to moving stocks will see where the
    stock closed, and by looking at an intraday chart, they will see that it
    closed up strong so they will jump in the next morning . Now you have
    2 groups of buyers adding momentum, which creates the carry-over of
    upside momentum the next day. The same is true for the market as a
    whole - when it closes strong, it usually opens higher the next
    morning.

    If a stock was going down sharply at the close you would see it open
    down sharply the next morning for the same reasons. You can make a
    quick profits by taking taking advantage of this scenario.

    http
    ://clix.to/
    wallmann

 

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.