Skip to main content

Alert HQ for week ending 2-1-2008 -- BUY signals predominate

We've been busy at the TradeRadar Stock Alert Headquarters this morning. The latest alert lists are now up and available at Alert HQ. We have 243 BUY signals this week for just $2.99

What a difference a week makes! Last week, when I published the first list of TradeRadar alerts, we had SELL signals outnumber BUY signals by two to one. After performing this week's scan on all the stocks and ETFs on the AMEX, NYSE and NASDAQ we see the situation very much reversed.

This week we did things a little differently. Last week we required a moving average crossover of the 20-day and 50-day moving averages. This week, and going forward, we will require that the last closing price be above the 50-day moving average. For each stock on the alert list, however, we now provide an indicator of whether there has been a moving average crossover in confirmation of the TradeRadar signal or not. This new approach catches stocks earlier in their breakouts but filters out small moves that may not be significant. And we still provide the benefit of knowing if that confirming crossover has occurred.

Market overview --

Last week we commented on the large number of municipal bond funds on the BUY list. This week, the centers of attention on Wall Street were the municipal bond insurers. Interesting how things progress.

Last week we had one or two real estate related stocks on the BUY list. This week, real estate is all over the BUY list. We see homebuilders and REITs galore. We also see plenty of financial stocks on the BUY list. The previously downtrodden are now the market leaders.

In a very positive note for the market in general, this week's BUY signals are rather broad-based. We see many different industry sectors represented. There is an airline stock, a good number of small-cap tech stocks, some medical stocks, basic industrial manufacturing stocks and so on.

For those of you who prefer investing in ETFs, this week has a good selection of well over a dozen for you to choose from.

I am excited about the selections on this week's list. And I am equally excited by the idea that such a broad-based set of BUY signals portends good things to come for investors.

Comments

Popular posts from this blog

Brazil - in a bubble or on a roll?

A couple of years ago, no one recognized the real estate bubble even though it was under everyone's nose. Now, analysts and bloggers are seeing bubbles everywhere they look. One of them, they say is in Brazil whose Bovespa stock market index has doubled in the last 12 months. Does the bubble accusation hold water? I don't think so and here are 7 reasons why Brazil is by no means a bubble economy: Exports have held up over the past year thanks to demand from China for Brazil's soya exports and iron ore. This was helped by the the Brazilian government's drive to improve trade links with Asia and Africa. Export diversification, spurred by a more active trade policy and increased focus on "south-south" trade under current president Lula, helped mitigate the decline in demand from OECD (Organization for Economic Co-operation and Development) countries A "sensible" economic framework has been in place since the 1990's. This has included inflation

Thursday Bounce: Trend Busters, Swing Signals and Trend Leaders for July 9, 2009

This is a quick post to announce that we have published Thursday's Trend Leaders, Swing Signals and Trend Busters at Alert HQ . All are based on daily data. Today we have the following: 72 Swing Signals -- A couple of days ago we had 35 signals, today we have twice as many. Happily, we now have 65 BUY signals, a mere 4 SELL Signals plus 3 Strong BUYs. Whoo-hoo! 56 Trend Leaders , all in strong up-trends according to Aroon, MACD and DMI. There are 18 new stocks that made today's list and 60 that fell off Tuesday's list. 48 Trend Busters of which 5 are BUY signals and 43 are SELL signals The view from Alert HQ -- Talk about mixed signals. If you look at our Swing Signals list you would think the market was in the middle of a big bounce. BUY signals are swamping the SELL signals and we even have a few Strong BUYs. Yes, there's a good sprinkling of tech stocks and tech ETFs but the distribution is pretty broad-based with a good number of different sectors represented, eve

Unlock Stock Market Profits - Key #1

This is the first in an ongoing series of articles where I discuss what I feel are keys to successful investing. It is based on a post that provides a summary of the ten keys that individual investors should use to identify profitable stock trades. ( Click here to read the original post ) There are two basic steps to investing. First, you need to find stocks that seem to have some potential. Then you have to determine whether these stocks are actually good investments. There are many stocks that at first glance look interesting, but further research reveals that there are too many negatives to warrant taking a position. This first post in the series starts at the beginning: getting good investment ideas. Key #1: If something special is happening to a stock, it will be reflected in some kind of unusual activity in the markets. As individual investors, we will never be the first to know; however, unusual activity can be an early sign that allows us to follow the Wall Street professional