Premarket movers – stocks trading well above or below their previous day’s closing price or with a lot of volume before the market opens – provide a number of exciting opportunities for day traders. Typically, premarket movers are jumping in response to news or...
ConnorsRSI is a technical analysis indicator developed by Connors Research that aims to quantify momentum in prices. Essentially, it improves upon the Relative Strength Index (RSI) originally developed by Welles Wilder by using a short-term reading of RSI, in...
The subject of much debate and discussion in the media and wider trading community, the VIX is a misunderstood index. Referred to as the “fear index” in financial media, the VIX is simply a formula that indicates the implied volatility of the S&P 500 over a 30 day...
The advance/decline ratio is a popular and common metric that traders and financial managers alike use to gauge market sentiment. The ratio simply gives an indication of the number of stocks that gained in value relative to the number of stocks that lost value over a...
About MotiveWave MotiveWave is an all-inclusive desktop charting and stock analysis platform geared towards experienced day traders. The platform includes many tools beyond charts, including a full suite of technical analysis tools, a stock scanner, a trading...
What is Tradespoon? Tradespoon is a relatively new player in the fintech space that uses multivariate modeling and automated technical analysis to predict stocks’ price movements. Unlike other automated analysis software, which simply assists with technical analysis,...
FinViz FinViz is a comprehensive online stock screener that sets itself apart from other screeners by focusing heavily on visualization tools. FinViz is popular among beginner day traders and long-term investors alike thanks to its affordability and much of the...
What Is Dekmar Trades Dekmar Trades takes an unusual approach as a day trading platform, mixing chat rooms and educational resources with traditional trading tools like stock scanners to help traders learn from other traders rather than simply make trades on their...
What is Benzinga Pro? Benzinga Pro is the real-time news service created by the stock news team at Benzinga. Whereas the traditional, free Benzinga network curates stock news similar to sites like Seeking Alpha, MarketWatch, and CNBC, Benzinga Pro displays trading...
What is Thinkorswim TD Ameritrade’s thinkorswim is an advanced desktop trading platform that is, almost unbelievably, available to all TD Ameritrade customers for free. The trading platform includes many of the tools that active day traders need to operate, including...