Today we have the following:
- 209 Swing Signals -- 197 BUY signals and 8 SELL Signals plus 4 Strong BUYs.
- 184 Trend Leaders, all in strong up-trends according to Aroon, MACD and DMI. We have 80 stocks that are new additions to the list and 40 that fell off the previous list.
- 22 Trend Busters of which 14 are BUY signals and 8 are SELL signals.
- 227 Gap Signals -- stocks with upside or downside gaps or gaps that have been closed.
Pullbacks these days sure seem to be short and shallow. Two weeks of declines and now the market is taking off like a jet.
Our signals at Alert HQ have swung way bullish again. I don't think we've ever had such a preponderance of BUYs on our Swing Trading Signals list. I don't want to go out on a limb here, but this really suggests we're going to new highs and pretty soon, too.
Furthermore, the other signal lists are registering more BUYs than SELLs. It seems like we're getting confirmation across the board.
As long as earning season doesn't let us down, investors should strap in and get ready for a fun ride
Using our signals --
If you're a momentum trader, the Trend Leaders list is a good place to go shopping. If you practice technical analysis, check out the Trend Busters. And if you are a short-term trader or even a day trader, our Swing Signals or Gap Signals may provide some good trading ideas.