Skip to main content

Alert HQ signals for Tuesday, Jan 12, 2010



This post is announcing that Tuesday's Swing Signals, Trend Leaders, Trend Busters and Gap Signals are now available at Alert HQ. All are based on daily data.

Today we have the following:
  • 66 Swing Signals -- 11 BUY signals and 55 SELL Signals.
  • 619 Trend Leaders, all in strong up-trends according to Aroon, MACD and DMI. We have 149 stocks that are new additions to the list and 200 that fell off the previous list.
  • 29 Trend Busters of which 22 are BUY signals and 7 are SELL signals.
  • 211 Gap Signals -- stocks with upside or downside gaps or gaps that have been closed. 82 are bearish gaps and 129 are bullish gaps.
The view from Alert HQ --

Pretty inauspicious start to earnings season today!

Alcoa missed Wall Street expectations when they reported last night and that was enough to start a steady erosion in stocks today. And after weeks of consistent bullishness, our Alert HQ signals have been turned on their heads.

What we are seeing is SELL signals outnumbering BUY signals on three out of four of the lists above. To add insult to injury, most of the BUY signals on the Swing Trading list are inverse ETFs. Finally, though the Trend Leaders list is still reasonably sizable, the number of stocks dropping off the list exceeded the number that were added.

All in all, there is not much good to say about the behavior of stocks today. Still, it's not the end of the world. Here is the chart of the Total Market Vipers ETF (VTI).



The Good - The Slow Stochastics and MACD have both been marching upward along with stocks over the last month or so. This lack of divergence has been bullish. Now, both indicators have turned down but neither has quite given a SELL signal yet though both are close.

The Bad - With the bearishness in the Alert HQ signals, it is reasonable to assume that further weakness is in store.

The Ugly - And if there is going to be further weakness, there's quite a way to go before VTI, for example, gets down to a serious support level or its 50-day moving average. So be prepared to see profits dwindle.

As a result, investors should not be running for the exits yet but caution should surely be uppermost in our minds.

As we move into earnings season, craziness and volatility can be expected. Today semiconductors got killed but they could easily rally again after Intel reports on Thursday. So hold on for a bumpy 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.


Found a few stock picks you are interested in? If you are looking to refine your entry and exit points, you should take a look at what our friends at Hottinger's E-Zone Signals have to offer.

Comments

Popular posts from this blog

Running TradeRadar on Windows 7 and Windows 8

Development of the original TradeRadar Stock Inspector software was begun back in the days before Windows 7 and Windows 8 were available.

As these newer versions of Windows have become more popular, we have heard from some users that they are having problems installing and running TradeRadar on their newer PCs.

The good news is that TradeRadar will work just fine on Windows 7 and Windows 8. All you have to do is adjust the Windows Compatibility Settings to ensure TradeRadar runs as intended.

It is recommended that you can apply Compatibility Settings when running the initial installation; however, it is also possible to apply Compatibility Settings after the program has been installed.

Prior to installation
After downloading the install program, go to the folder where you have stored the TradeRadarStkInsp_7_Setup.exe or TradeRadarStkInsp_7_PRO_Setup.exe executable. Right-click on the executable file and select Properties. Click the Compatibility tab. Adjust the Compatibility mode to …

Durable Goods report for Sept just so-so but Computer segment is on fire

The Durable Goods advanced report for September 2011 was released on Wednesday.

I like to dig into the Durable Goods report because it can be useful for seeing how tech in aggregate is performing and how the sector may perform in the future. I always focus on two particular measures: shipments and new orders. Let's see how it played out last month.

Shipments -- 

I generally give less importance to Shipments since this is a backward looking measure reflecting orders that have been confirmed, manufactured and shipped. It's similar to earnings reports -- it's good to know but the data is in the past and we're more interested in the future. The following chart shows how September shipments looked for the overall tech sector:


Results for the overall tech sector were a bit weak but take a look at the next chart which tracks the Computers and related products segment:


Results here were actually quite good and, to make things even better, the previous month was revised upward.

N…

Alert HQ has moved!

End of an era!

This site was started way back in 2006/2007 to showcase my blog posts and the Alert HQ buy signals and sell signals. Alert HQ grew to include other kinds of stock alerts including Swing Signals, Trend Busters, Trend Leaders, Cash Flow Kings and more.

In the meantime, I built a sister site, TradingStockAlerts.com and I started using some of the same Alert HQ content over there. As a result, I am discontinuing the Alert HQ data here at Trade-Radar.com

The good news, however, is that all the Alert HQ signals and stock screens are still completely free. In addition, the pages have been enhanced so that you can hover over a stock symbol and a small chart will pop up so you can get a quick look at the stock's recent price action. If you click on a symbol it will take you to a page with plenty of financial and technical analysis information (still free!) as well as a larger chart that you can play with in terms of adding or deleting indicators, moving averages, etc.

Click …