A list of what’s got our attention today:

• FallonD uses the latest Trade-Ideas Custom Scan widget to replicate the Base scan he uses to select stocks

• Our latest sponsor is SFO magazine which publishes a free daily newsletter on the markets. They do an excellent job of covering larger sector and national themes in play across many markets including stocks, treasury, energy, commodities, etc. Click on the banner to sign up or view Thursday’s archived sample

• Charles Kirk edited a great series of Qs & As from his readers with Dr. Brett Steenbarger in the members section of his website. Brett describes how he evaluates market conditions throughout the day:
  

  “I’d suggest that volume tells you what the market’s largest and most influential traders are doing. After the open, I’m a purely discretionary trader following volume flow (the distribution of trades at the market bid vs. offer).”

  He mentions Market Delta as a tool to help identify these volume patterns. This can also be accomplished in Trade-Ideas which also has a replay or ‘History’ feature to see these patterns emerge. Market Delta and Trade-Ideas are complimentary tools that overlap in this one area – compare the two. We built a set-up called, “Volume FootPrints” as a result of the interview.

• A scan of stocks with the 50-Day Moving Average about to cross the 200-Day Moving Average

Have a great weekend.