Skip to main content

Tuesday Swing Signals, Trend Busters and Trend Leaders for May 12, 2009

This is a quick post to announce that Tuesday'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:
  • 94 Swing Signals -- 13 BUY signals and 81 SELL Signals
  • 1161 Trend Leaders, all in strong up-trends according to Aroon, MACD and DMI
  • 63 Trend Busters of which 8 are BUY signals and 55 are SELL signals
Since I have a fascination with numbers, I am always trying to obtain some insights into the market from these results. Today it seems we have a preponderance of SELL signals yet our list of Trend Leaders remains large. A schizophrenic market? A pullback just getting started? We've certainly had some pretty tough days on the NASDAQ recently while the rest of the market has managed to hold up fairly decently. Are we seeing a rotation of leadership? Tech is slipping while commodities are gaining (have you noticed the breakout of the natural gas ETFs? we saw it starting days ago at Alert HQ). In the meantime, financials just see-saw up and down. A pullback seems the best bet but the question is, how shallow will it be? As long as we have a sizeable list of Trend Leaders and our Weekly Alerts continue to generate tons of BUY signals, I'm thinking the pullback will be shallow rather than deep. We shall see...

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, our Swing Signals may provide some good trading ideas.
Labels:

Comments

Post a Comment

Popular posts from this blog

Trade Radar gets another update

Some of our data sources changed again and it impacted our ability to load fundamental/financial data. In response, we are rolling out a new version of the software: 7.1.24 The data sourcing issues are fixed and some dead links in the Chart menu were removed. So whether you are a registered user or someone engaged in the free trial, head over to our update page and download the latest version. The update page is here:   https://tradingstockalerts.com/software/downloadpatch Contact us if you have questions or identify any new issues.
Post a Comment
Read more

Unlock Stock Market Profits - Key #4

This is the fourth article in a series of posts describing 10 tools to help you identify and evaluate good investing ideas. It is based on a post that provides a summary of the ten keys that individual investors should use to identify profitable stock trades. ( Click here to read the original post ) With this fourth post, we will continue another step along the path of finding stocks that seem to have some potential. The first post in the series discussed how to use unusual activity to identify investing ideas. The second post described how to use stock screeners. The third post described how to use lists of new highs and new lows. This post will focus on identifying social or business trends in order to find investing ideas. Information on new trends might turn up anywhere. In conversation with friends or business associates, in newspapers or magazines, on TV or though your work. The key is to be aware of trends and how they start, stop or change. We'll start by describing what...
6 comments
Read more

Pick 'o the Month - a two'fer

Usually I focus on a single smaller, more obscure stock. In this case, I would like to submit two stocks, a large-cap, Cisco Systems ( CSCO ), and a small-cap, Big Band Networks ( BBND ). These two stocks embody a resurgence in the network infrastructure space. That theme is what ties these two picks together. With the rising tide of video, music and movies downloaded over the Internet and cable companies offering bundled TV, phone and Internet, we have finally absorbed the glut of network capacity created during the Internet bubble. This deluge of multimedia is changing service providers’ business models, and the ways they manage and develop networks. The focus now is on how to move, manage and monetize content that is richer and more complex than ever before. In response, as telecommunications companies ramp up newer, faster networks to handle all this traffic, Cisco Systems is a prime beneficiary. As the dominant player in network infrastructure, it has already seen profits begin to...
1 comment
Read more