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Tuesday, February 16, 2010

Optimism returns -- Alert HQ signals for Tuesday, Feb 16, 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:
  • 116 Swing Signals -- 114 BUY signals and 2 SELL Signals.
  • 111 Trend Leaders, all in strong up-trends according to Aroon, MACD and DMI. We have 48 stocks that are new additions to the list and 33 that fell off the previous list.
  • 91 Trend Busters of which 80 are BUY signals and 11 are SELL signals.
  • 202 Gap Signals -- stocks with upside or downside gaps or gaps that have been closed. 83 are bearish gaps and 119 are bullish gaps.
The view from Alert HQ --

It's good to see all our lists of stock picks are so bullish. The Swing Signals and Trend Busters lists have BUY signals way, way outnumbering SELL signals. The Trend Leaders list is starting to turn around and is now growing. Finally, we are again seeing more upside gaps than downside gaps.

All of this implies that this market has more gains in store. Last week it looked like the near-correction we had been experiencing  was coming to an end. Today's action seems to confirm the new bullish trend. As stocks begin to reverse to the upside, the downward trend lines are being broken. And the gains seem to be broad-based.

If you taken a chance on a few of our picks from last week you would have made money already. We've got a growing selection of BUY signals and it's not too late to jump on one!

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.

1 comment:

Anonymous said...

Hey, just want to say hi. I'm new here.

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