Skip to main content

Rebound Tuesday - Swing Signals, Trend Busters and Trend Leaders for August 18, 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:
  • 81 Swing Signals -- 63 BUY signals and 7 SELL Signals. Not only that, we also have 12 Strong BUYs.
  • 216 Trend Leaders, all in strong up-trends according to Aroon, MACD and DMI. We have only 19 stocks that are new additions to the list and a substantial 457 that fell off the previous list.
  • 12 Trend Busters of which 4 are BUY signals and 8 are SELL signals.
The view from Alert HQ --

After two days of declines (and Monday's decline was a doozy) it was a relief to see stocks rebound today. Of course, everyone is wondering if the rebound will continue or whether stocks will resume their losing ways.

Looking for clues in our signals today, we see two wildly divergent developments.
  • Trend Leaders: a week ago we had 989 stocks and ETFs on the Trend Leaders list. Now there are only 216 with a mere 19 new ones added to the list today while a whopping 457 fell off the list. This means that a sizable number of stocks are no longer in their strong up-trends. Outlook: bearish
  • Swing Signals: today's rebound generated a flurry of BUYs on our list of Swing Trading Signals. We even have a nice selection of Strong BUYs. This means that a bunch of stocks bounced nicely off their Bollinger Band. Outlook: bullish
I generally consider the Trend Leaders to be somewhat of a lagging indicator while the Swing Signals are a leading indicator. If this is true, then I hope you bought some stocks this morning.

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.


Popular posts from this blog

Brazil - in a bubble or on a roll?

A couple of years ago, no one recognized the real estate bubble even though it was under everyone's nose. Now, analysts and bloggers are seeing bubbles everywhere they look. One of them, they say is in Brazil whose Bovespa stock market index has doubled in the last 12 months. Does the bubble accusation hold water? I don't think so and here are 7 reasons why Brazil is by no means a bubble economy: Exports have held up over the past year thanks to demand from China for Brazil's soya exports and iron ore. This was helped by the the Brazilian government's drive to improve trade links with Asia and Africa. Export diversification, spurred by a more active trade policy and increased focus on "south-south" trade under current president Lula, helped mitigate the decline in demand from OECD (Organization for Economic Co-operation and Development) countries A "sensible" economic framework has been in place since the 1990's. This has included inflation

Thursday Bounce: Trend Busters, Swing Signals and Trend Leaders for July 9, 2009

This is a quick post to announce that we have published Thursday's Trend Leaders, Swing Signals and Trend Busters at Alert HQ . All are based on daily data. Today we have the following: 72 Swing Signals -- A couple of days ago we had 35 signals, today we have twice as many. Happily, we now have 65 BUY signals, a mere 4 SELL Signals plus 3 Strong BUYs. Whoo-hoo! 56 Trend Leaders , all in strong up-trends according to Aroon, MACD and DMI. There are 18 new stocks that made today's list and 60 that fell off Tuesday's list. 48 Trend Busters of which 5 are BUY signals and 43 are SELL signals The view from Alert HQ -- Talk about mixed signals. If you look at our Swing Signals list you would think the market was in the middle of a big bounce. BUY signals are swamping the SELL signals and we even have a few Strong BUYs. Yes, there's a good sprinkling of tech stocks and tech ETFs but the distribution is pretty broad-based with a good number of different sectors represented, eve

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: Contact us if you have questions or identify any new issues.