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Saturday, December 6, 2008

Trend Leaders for Dec 5, 2008 - free list of chart-busting stocks

This post is to announce that Trend Leaders, our latest list of stocks in strong up-trends, is now available at the TradeRadar site.

Readers of the TradeRadar blog are familiar with the Alert HQ free lists of stock alerts. With Alert HQ, we try to identify those stocks and ETFs that are making reversals. Every week we scan all the stocks listed on the NYSE, AMEX and NASDAQ, over 7200 securities in all, to find those stocks or ETFs that are generating actionable BUY signals or SELL signals.

As a byproduct of the Alert HQ process we are providing a list of all the stocks or ETFs that are currently in strong up-trends. We call them Trend Leaders and the list is, of course, absolutely free. These stocks are registering strong signals using Aroon analysis, DMI and MACD. They are also above their 50-day moving average.

This week we have 54 stocks that made the cut. Stocks shrugged off horrific economic reports this week (especially the non-farm payrolls report) and finished on Friday will strong gains. Still, the market finished the week with a loss. This resulted in a Trend Leaders list a bit smaller than the one we provided the previous week but substantial enough to offer a few interesting possibilities.

Trend Leaders presents those stocks that are bucking the bear market. If your investing style is dependent on trending and momentum, you should be able to easily find a few stocks to add to your watch list or your portfolio.

You can read more and download the free list at the TradeRadar Trend Leaders page.

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