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Saturday, July 19, 2008

Alert HQ for the week ending 7-18-2008

This post is to announce that the latest list of stock alerts is up and available at Alert HQ. Each week we scan over 7200 stocks and ETFs looking for fresh BUY and SELL signals.

Stocks staged a strong rally this week led by financials of all things! All the major indexes showed respectable gains as earnings season is turning out to be decent despite some mixed results in the Tech sector.

Oil dropped a significant amount this week and that accelerated the rotation we had seen from energy stocks to other sectors and provided another big boost to the stock market.

As a result of all these positive feelings running rampant through the markets, we have a big change in what we are seeing in the TradeRadar daily signals. For the first time in weeks we have more BUY signals than SELL signals. We actually have 65 BUY signals and only 31 SELL signals based on daily data. Unfortunately, the signals based on weekly have not been so quick to turn around. We have only 7 BUY signals and 22 SELL signals based on weekly data.

So this week we have a big selection of stocks to choose from. Add to your watchlist and be ready to move.

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