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Thursday Trend Busters, Swing Signals and Trend Leaders for May 14, 2009

This is a quick post to announce that Thursday's Trend Leaders, Swing Signals and Trend Busters are now available at Alert HQ. All are based on daily data.

Today we have the following:
  • 80 Swing Signals -- 43 BUY signals and 37 SELL Signals
  • 435 Trend Leaders, all in strong up-trends according to Aroon, MACD and DMI
  • 67 Trend Busters of which 3 are BUY signals and 64 are SELL signals
Today the market showed good gains but the previous few days were definitely weak. This is causing inconsistency in our numbers. We have a big jump in SELL signals in our Trend Busters list but our Swing Signals list, which is more short-term oriented, shows the BUY signals outnumbering the SELL signals. Looking a little more long term due to the moving average filtering involved, our list of Trend Leaders has decreased in size considerably since Tuesday.

Remember, 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, our Swing Signals may provide some good trading ideas.

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