Skip to main content

Weekend Winners and Losers - Alert HQ BUY and SELL signals for September 11, 2009

This post is to announce that the weekend's stock signals are available from Alert HQ.

Each week we scan about 7300 stocks and ETFs, checking fundamentals, performing technical analysis and looking for fresh BUY and SELL signals. Out of this process we generate the following lists:
  • Alert HQ stock alerts - based on a combination of proprietary and standard technical analysis techniques, we identify stocks or ETFs that are undergoing reversals, either to the upside or to the downside
  • Trend Leaders - just like it says, a collection of stocks in strong up-trends
  • Cash Flow Kings whose free cash flow yield is 25% or greater
  • Bollinger Band Breakouts - stocks or ETFs that have moved at least 3% above their upper Bollinger Band or at least 3% below their lower Bollinger Band
  • Swing Trading Signals - stocks that have bounced off a higher or lower Bollinger Band
  • Trend Busters - stocks or ETFs that have violated a current trend.
The view from Alert HQ --

This week was the opposite of the previous week. This one started off positive and ended with a whimper. It was again a slow news week. The Fed's Beige Book held few surprises. Weekly jobless claims were slightly better than expected but still at a worrisome level.

Fed Ex raised guidance. This is generally considered a big positive for the market. When the company's outlook improves it means that economic activity is increasing and more goods are being shipped. This didn't move the market in a big way this week but it is certainly another welcome data point.

We had another "go figure" moment. Two semiconductor bellwethers raised guidance but semiconductors sold off hard on Friday. Maybe investors were "selling the news."

Geithner spoke to Congress and told them that more bailout money for banks would not be needed. The implication that the banking sector is on a firmer footing also helped stocks.

When all was said and done, Friday's losses didn't do much damage to the major averages which all turned in reasonable gains. The Dow lagged with only a 1.7% gain while the Russell 2000 logged a 4% gain.

At Alert HQ I am swinging from bullishness to near-term caution. Last week I wrote that the action in our Swing Signals presaged a bullish move in the stock market. That pretty much played out as expected. Our Swing Trading Signals are less exuberant today so, though I am by no means swinging to a bearish outlook, I think the market will pull back a bit here. Our Trend Leaders list has jumped from only 92 last week to 635 this week and we are getting a big number of bullish Bollinger Band Breakouts. These are intermediate term bullish signs but also quite possibly signs the market is a little "toppy" at this particular moment. This implies that this coming week might be a good time to focus on stocks as opposed to sectors. And we've got plenty of companies for your consideration at Alert HQ.

This week's results --

Here is the detailed breakdown for Alert HQ for this weekend:
  • Based on daily data, we have 27 Alert HQ BUY signals and 12 SELL signals
  • Based on weekly data, we have 2 Alert HQ BUY signals and 7 SELL signals
  • Based on daily data, we have 635 Trend Leaders. 165 new stocks joined the list since Thursday and 15 fell off the list since Thursday.
  • We have 177 Bollinger Band Breakouts based on daily data and 297 Breakouts based on weekly data.
  • We have 810 Cash Flow Kings
  • Based on daily data we have 30 Swing Signals of which 21 are BUY signals and 8 are SELL signals. We also have 1 Strong BUY.
  • Finally, we have Trend Busters with 46 signals based on daily data (43 BUY signals and 3 SELL signals) and 58 based on weekly data (35 BUY signals and 23 SELL signals).
Using our signals --

Visit Alert HQ and view or download your free lists of stock alerts. The alerts 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 list.

If you're a momentum trader, the Trend Leaders 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. If you do favor technical analysis, check out the Trend Busters. And if you are a short-term trader or even a day trader, our Swing Signals may provide some good trading ideas. See them all at Alert HQ.

Remember, we also provide our latest updated Swing Signals, Trend Leaders and Trend Busters on Tuesday and Thursday nights.
Labels:

Comments

Post a Comment

Popular posts from this blog

Brazil - in a bubble or on a roll?

A couple of years ago, no one recognized the real estate bubble even though it was under everyone's nose. Now, analysts and bloggers are seeing bubbles everywhere they look. One of them, they say is in Brazil whose Bovespa stock market index has doubled in the last 12 months. Does the bubble accusation hold water? I don't think so and here are 7 reasons why Brazil is by no means a bubble economy: Exports have held up over the past year thanks to demand from China for Brazil's soya exports and iron ore. This was helped by the the Brazilian government's drive to improve trade links with Asia and Africa. Export diversification, spurred by a more active trade policy and increased focus on "south-south" trade under current president Lula, helped mitigate the decline in demand from OECD (Organization for Economic Co-operation and Development) countries A "sensible" economic framework has been in place since the 1990's. This has included inflation
4 comments
Read more

Thursday Bounce: Trend Busters, Swing Signals and Trend Leaders for July 9, 2009

This is a quick post to announce that we have published Thursday's Trend Leaders, Swing Signals and Trend Busters at Alert HQ . All are based on daily data. Today we have the following: 72 Swing Signals -- A couple of days ago we had 35 signals, today we have twice as many. Happily, we now have 65 BUY signals, a mere 4 SELL Signals plus 3 Strong BUYs. Whoo-hoo! 56 Trend Leaders , all in strong up-trends according to Aroon, MACD and DMI. There are 18 new stocks that made today's list and 60 that fell off Tuesday's list. 48 Trend Busters of which 5 are BUY signals and 43 are SELL signals The view from Alert HQ -- Talk about mixed signals. If you look at our Swing Signals list you would think the market was in the middle of a big bounce. BUY signals are swamping the SELL signals and we even have a few Strong BUYs. Yes, there's a good sprinkling of tech stocks and tech ETFs but the distribution is pretty broad-based with a good number of different sectors represented, eve
1 comment
Read more

Unlock Stock Market Profits - Key #1

This is the first in an ongoing series of articles where I discuss what I feel are keys to successful investing. It is based on a post that provides a summary of the ten keys that individual investors should use to identify profitable stock trades. ( Click here to read the original post ) There are two basic steps to investing. First, you need to find stocks that seem to have some potential. Then you have to determine whether these stocks are actually good investments. There are many stocks that at first glance look interesting, but further research reveals that there are too many negatives to warrant taking a position. This first post in the series starts at the beginning: getting good investment ideas. Key #1: If something special is happening to a stock, it will be reflected in some kind of unusual activity in the markets. As individual investors, we will never be the first to know; however, unusual activity can be an early sign that allows us to follow the Wall Street professional
4 comments
Read more