Skip to main content

Weekend Winners and Losers for June 4, 2010

Winners and LosersThis post lists all of this weekend's stock market BUY and SELL signals available at Alert HQ.

Today we have the following stock picks and signals:
  • Reversals based on daily data, we have 16 Alert HQ BUY signals and 17 SELL signals
  • Reversals based on weekly data, we have 1 Alert HQ BUY signal and 403 SELL signals
  • We have 34 Bollinger Band Breakouts based on daily data and 204 Breakouts based on weekly data.
  • We have 618 Cash Flow Kings
  • 3 Swing Signals -- every one is a BUY signal
  • 18 Trend Leaders, all in strong up-trends according to Aroon, MACD and DMI. We have 4 stocks that are new additions to the list and 3 that fell off the previous list.
  • 121 Trend Busters based on daily data of which only 3 are BUY signals. We also have 330 Trend Busters based on weekly data  and only 3 are BUY signals on this list, too.
  • 140 Gap Signals -- stocks with upside or downside gaps or gaps that have been closed. We see 88 downside gaps and 52 upside gaps based on daily data. We also have 36 Gap Signals based on weekly data.
The view from Alert HQ --

The surprise this weekend is that there are any BUY signals at all. After Friday's mini-meltdown, stocks gave up several days worth of gains. The S&P 500 has again failed to push above it's 200-day moving average while the NASDAQ Composite, which was comfortably above its 200-DMA closed the week below it. This does not bode well for the market in the short term.

The Alert HQ reversal signals, however, do show slight improvement as some stocks are beginning to recover. This recovery is only apparent in the daily data and has not taken hold sufficiently to show up in the weekly data which is tilted heavily toward SELL signals.

In the meantime, there are more downside gaps based on daily data then there are upside gaps. The Swing Signals and Trend Leaders lists have little to offer and the Trend Busters list is nearly all SELL signals.

Without a doubt, the week ended on a downbeat note and the signals at Alert HQ are, shall we say, less than bullish. Still, when the bears are running rampant is when the best values are found. For this reason, I encourage you to check out some of the BUY signals that we do have this weekend. Do your research - there just might be a gem hiding in one of our lists.

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 …