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Saturday, August 30, 2008

Free Stock Alerts - Alert HQ for Aug 29, 2008

This post is to announce that the latest list of free 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. We apply a combination of proprietary and standard technical analysis techniques to identify those stocks that are beginning to move.

Volume was very low this week but the market still managed to make some big moves. After all was said and done, the major averages ended the week down modestly. For the month of August, however, they did manage a gain. Many analysts said the low volume was a sign that investors lacked conviction. Or maybe that most traders were on vacation. In any case, there were no startling trend reversals among the major averages and the situation in individual stocks was much the same.

As a result, this week's alert lists are again somewhat abbreviated compared to those that were generated during the recent run-up. This week we have 23 BUY signals and 11 SELL signals based on daily data. Looking at weekly data, we have 21 BUY signals and 4 SELL signals.

Stop by Alert HQ and download your free lists. The lists based on weekly data show those stocks that have exhibited some good follow-through after a recent trend reversal. If you want to be early in identifying the newest trend reversals, the lists based on daily data are for you. No matter which preference you have, there are bound to be a few stocks you will want to add to your watch lists.

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