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Free stock alerts, Trend Leaders, Bollinger Band Breakouts and Cash Flow Kings for Jan 30, 2009

This post is to announce that the latest list of free stock alerts is up and available at Alert HQ. Each week we scan over 7400 stocks and ETFs looking for fresh BUY and SELL signals. We apply a combination of proprietary and standard technical analysis techniques to identify those stocks that are beginning to move. Our goal is to identify stocks or ETFs that are undergoing reversals, either to the upside or to the downside.

Wait, there's more...

We also use the Alert HQ process to generate more free lists of stocks and ETFs

The first byproduct of the Alert HQ process is the Trend Leaders list, our collection of stocks in strong up-trends. These stocks are registering strong signals using Aroon analysis, DMI and MACD. They are also above their 50-day exponential moving average. This week's list is now available at the TradeRadar site on the Trend Leaders page.

As another byproduct of the Alert HQ process we have generated a list of stocks that have broken either above their upper Bollinger Band or below their lower Bollinger Band. Those that closed 1% above the upper band are labeled "Bullish Breakout." Conversely, those that closed 1% below the lower band are labeled "Bearish Breakout." This week's list of Breakouts is also now available at the TradeRadar site on the Trend Leaders page.

Cash Flow Kings are our newest feature. We calculate the free cash flow yield of all the stocks we scan and pick the ones whose yield is 50% or greater. This list is also available on the Trend Leaders page.

Here is what we have this week --

For the fourth week in a row, stocks declined. Consumer confidence hit a record low and continuing claims for jobless benefits hit a record high. Earnings did little to help stocks as most companies provided weak guidance and most of those who beat expectations had previously lowered those expectations. GDP was the worst since the 1980's and layoff announcements continued to pour forth. News of the government planning a "bad bank" was only able to provide one day of positive sentiment. Against all this negativity, the number of new BUY signals continues at very low level. Interestingly, the numbers of Trend Leaders has increased while the number of Breakouts and Cash Flow Kings have held steady. Here is the breakdown for this week:
  • based on daily data, we have 7 Alert HQ BUY signals and 16 SELL signals
  • based on weekly data, we have 6 Alert HQ BUY signals and 7 SELL signals
  • based on daily data, we have 203 Trend Leaders (up 27% from what we had last week)
  • based on daily data, we have 263 Bollinger Band Breakouts. This week we add 170 Breakouts based on weekly data. Unfortunately, a large number of them are bearish.
  • finally, we have 420 Cash Flow Kings
Visit Alert HQ and 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.

Don't forget to download the free lists of Trend Leaders, Bollinger Band Breakouts and Cash Flow Kings at the TradeRadar Trend Leaders page. If you have no faith in technical analysis, the Cash Flow Kings may be just what you are looking for!

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