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Thursday Trio: Trend Busters, Swing Signals and Trend Leaders for June 25, 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:
  • 305 Swing Signals -- Wow! What a huge increase in signals and almost all of them are bullish: 290 BUY signals and 4 SELL Signals plus 11 Strong BUYs
  • 98 Trend Leaders, all in strong up-trends according to Aroon, MACD and DMI. There are 40 new stocks that made today's list and 28 that fell off Tuesday's list.
  • 20 Trend Busters of which 6 are BUY signals and 14 are SELL signals
The view from Alert HQ --

Another Swing Signals list with Strong BUYs! That's twice this week. There is no doubt that many stocks are bouncing off their lower Bollinger Band. If this can translate into good breadth over the next few days we could see markets taking another leg up.

On the other hand, our list of Trend Leaders dwindled again; however, there is quite a bit of filtering on the indicators used to generate the list of Trend Leaders so they tend to lag major market moves by a bit.

So our Swing Trading Signals are the leading indicators and our Trend Leaders do a good job of confirming a new trend. It is worth keeping an eye on both.

Using the signals --

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 or even a day trader, our Swing Signals may provide some good trading ideas.

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