In addition to alerts, we also have our lists of Trend Leaders, a collection of stocks in strong up-trends, Cash Flow Kings whose free cash flow yield is 25% or greater and Bollinger Band Breakouts, stocks or ETFs that have moved at least 1% above their upper Bollinger Band or at least 1% below their lower Bollinger Band. These lists are all available on the Trend Leaders page.
Here is what we have this week --
Stocks staged quite a turnaround this week, prompting a resumption of the debate over whether this is "A Bottom" or "THE Bottom". Whatever it is, major averages rose roughly 10% this week despite more awful employment numbers and GE losing its AAA rating. Bulls were happy to hear that Citigroup actually had two profitable months and that retail sales slipped a mere 0.1% in February. There was discussion in Washington of the uptick rule and mark-to-market accounting (Wall Street likes the former and hates the latter). No decisions were made but just knowing these issues were on the table was enough to help propel stocks upward this week.
So this week, we see more cheerful results at Alert HQ. The number of BUY-signal Alerts are up. The number of TrendLeaders held steady. Inverse ETFs are now on the SELL lists. Here is the breakdown for this week:
- based on daily data, we have 47 Alert HQ BUY signals and 6 SELL signals.
- based on weekly data, we have 6 Alert HQ BUY signals and 10 SELL signals.
- based on daily data, we have 58 Trend Leaders.
- based on daily data, we have 239 Bollinger Band Breakouts. We also have 300 Breakouts based on weekly data.
- finally, we have 984 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!