Skip to main content

Hang tough Tuesday - Swing Signals, Trend Busters and Trend Leaders for July 14, 2009

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

Today we have the following:
  • 160 Swing Signals -- 151 BUY signals and 6 SELL Signals plus 3 Strong BUYs.
  • 98 Trend Leaders, all in strong up-trends according to Aroon, MACD and DMI. We have 59 stocks that are new additions to the list and 13 that fell off the previous list.
  • 18 Trend Busters of which 12 are BUY signals and 6 are SELL signals.
After Monday's big rally, stocks hang tough on Tuesday --

Stocks had a big day on Monday. The S&P 500, for example, rebounded from a sagging support level and avoided dropping through the neckline of the dreaded head-and-shoulders chart pattern that so many market participants were watching. With a couple of so-so economics reports that came out today, stocks had to fight to keep Monday's gains. In the end, stocks managed to hang tough and finish Tuesday with further gains.

After four weeks of declining stock prices, this week's upsurge is generating major turn-arounds in our daily data. Our Swing Signals have sky-rocketed and the vast number are BUY signals.

The number of stocks on our list of Trend Leaders nearly doubled. Rather than a rotation, we are seeing only few stocks falling off the list and a bunch more stocks coming onto the list - a sign of improvement in market breadth.

Similarly, our Trend Busters list suggests the beginning of a resurgence in the market as the breakouts to the upside now outnumber the breakouts to the downside.

With bellwether Intel coming through with a good earnings report after the close today, I am hopeful that we will see a further advance in the major stock averages. The promising chart action of the last two days provides more ammunition for the bulls. Now if the S&P 500 can just get back up above its 50-day moving average...

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 may provide some good trading ideas.
Labels:

Comments

Post a Comment

Popular posts from this blog

Unlock Stock Market Profits - Key #1

This is the first in an ongoing series of articles where I discuss what I feel are keys to successful investing. 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)

There are two basic steps to investing. First, you need to find stocks that seem to have some potential. Then you have to determine whether these stocks are actually good investments. There are many stocks that at first glance look interesting, but further research reveals that there are too many negatives to warrant taking a position.

This first post in the series starts at the beginning: getting good investment ideas.

Key #1: If something special is happening to a stock, it will be reflected in some kind of unusual activity in the markets.

As individual investors, we will never be the first to know; however, unusual activity can be an early sign that allows us to follow the Wall Street professionals and …
29 comments
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 to lo…
18 comments
Read more

Free stock alerts, Trend Leaders, Bollinger Band Breakouts and Cash Flow Kings for Jan 16, 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…
Post a Comment
Read more