Wait, there's more...
We also use the Alert HQ process to generate more free lists of stocks and ETFs
The first byproduct of the Alert HQ process is the Trend Leaders list, our collection of stocks in strong up-trends. These stocks are registering strong signals using Aroon analysis, DMI and MACD. They are also at least 1% above their 50-day exponential moving average. This week's list is now available at the TradeRadar site on the Trend Leaders page.
To generate our list of Cash Flow Kings we calculate the free cash flow yield of all the stocks we scan and pick the ones whose yield is 25% or greater. This list is also available on the Trend Leaders page.
Finally, we also have our lists of Bollinger Band Breakouts. These are stocks or ETFs that have moved at least 1% above their upper Bollinger Band or at least 1% below their lower Bollinger Band.
Here is what we have this week --
We had four down weeks in a row, one up week and now another week in which major averages finished on the downside. Despite Washington's best efforts at announcing plans or leaking potential plans, stocks could not muster a gain. We see the effect in our indicators this week as SELL signals outnumber BUY signals and the list of Trend Leaders shirinks.
Here is the breakdown:
- based on daily data, we have 9 Alert HQ BUY signals and 22 SELL signals
- based on weekly data, we have 5 Alert HQ BUY signals and 6 SELL signals
- based on daily data, we have 185 Trend Leaders
- based on daily data, we have 324 Bollinger Band Breakouts. We also have 215 Breakouts based on weekly data.
- finally, we have 896 Cash Flow Kings
Don't forget to download the free lists of Trend Leaders, Bollinger Band Breakouts and Cash Flow Kings at the TradeRadar Trend Leaders page. If you're a momentum trader, the TrendLeaders list is a good place to go shopping. If you have no faith in technical analysis, the Cash Flow Kings may be just what you are looking for!