August 31st 2010
Stock Trading with Ultimate PowerRatings: Top-Rated Stocks Rally into Strength (WLK, SIGA, SPRT)
“Do stocks show an upward bias at the end of the month? It looks like they do.”
– Larry Connors, “The End of the Month Strategy,” Short Term Trading Strategies That Work
This is how Larry Connors introduced Chapter 11 of his book, Short Term Trading Strategies That Work. And for stock traders trading stocks using PowerRatings, this concept of stocks moving higher toward the end of the month proved to be an excellent guide to locking in gains in a number of top rated stocks as August drew to a close.
Consider for example the move in Westlake Chemical Corp (WLK | PowerRating).
Shares of WLK earned Stock PowerRatings of 9 on August 23.