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Saturday, March 29, 2008

Alert HQ for the week ending March 28, 2008

This post is to announce that the latest list of stock alerts is up and available at Alert HQ.

The week on Wall Street started out OK but ended with several days of losses. It appears that the major averages are falling back after the recent Fed-led rally. A retracement is under way; how far it goes remains to be seen.

Despite the weakness in evidence in the last half of the week, market internals showed a continued slow improvement from the very depressed levels of a few weeks ago.

As a result, this week we have an alert list of 23 BUY signals and 4 SELL signals.

Later this weekend I will be writing another post to describe my analysis of the market statistics the Alert HQ software has generated and hopefully I'll get around to discussing the performance of some of the picks from past weeks.

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