Skip to main content

Yes, this rally's still intact - Alert HQ signals for Nov 10, 2009

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

Today we have the following:

  • 176 Swing Signals -- 171 BUY signals and 5 SELL Signals.
  • 209 Trend Leaders, all in strong up-trends according to Aroon, MACD and DMI. We have 127 stocks that are new additions to the list and 17 that fell off the previous list.
  • 89 Trend Busters of which 84 are BUY signals and 5 are SELL signals.
  • 251 Gap Signals -- stocks with upside or downside gaps or gaps that have been closed. 127 are bearish gaps and 124 are bullish gaps.
The view from Alert HQ --

A week ago the bears began throwing in the towel. The ensuing rally has been sharp and confirmed our bullish interpretation of the Alert HQ signals from the previous Tuesday. On Monday stocks soared further based on expectations governments would not withdraw stimulus and/or accommodative policies until the world economy was more clearly on its feet.

Today markets took a bit of a rest. So far it's nothing to be alarmed about. On the contrary, our signals are still largely bullish. We still have a hearty list of Swing Trading Signals, almost all of which are BUY signals. The Trend Leaders list is still expanding and the Trend Busters list is completely dominated by BUY signals. And there still seems to be plenty of room to run, at least until we see that Trend Leaders list begins to hold 800 to 1000 stocks and ETFs.

In our opinion, it's not too late for a trade. Furthermore, the primary trend remains up so there's plenty of opportunity remaining in stocks and ETFs for the intermediate-term investor. As always, the TradeRadar signals have a good selection of stocks to choose from.

More on technical analysis --

Readers of this blog know that these lists of alerts are all based on technical analysis of price and volume data and that we aren't really bringing financial or fundamental data into the equation.

If you're interested in delving further into technical analysis, our affiliate INO TV is running a series of seminars on the subject. First up is John Murphy, an award winning teacher and author whose seminars are usually reserved for paying attendees. So feel free to take advantage of the chance to learn from a man with over 30 years successfully trading using technical analysis. Check out John Murphy at INO TV today. There's no charge!

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 or Gap Signals may provide some good trading ideas.


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 profess

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 wh

Interactive Ads - Google one-ups Yahoo again

Google's ( GOOG ) press release describing the expansion of a beta program for what are being called Gadget Ads has again shown that Google is unparalleled at melding technology and advertising to benefit its bottom line. Gadget Ads are mini-web pages or "widgets" that can be embedded within publisher pages. I have written in the past on Yahoo's ( YHOO ) Smart Ads and how, by more precisely targeting site users and adjusting ad content accordingly, they provide a much desired evolution of the banner or display ad format. Though Smart Ads and Gadget Ads are not really the same, I think it is fair to say that Google has seen the challenge of Smart Ads and has chosen to leapfrog Yahoo by rolling out its own update to the display ad format. The evolution of the Gadget Ad -- One of the trends on the Internet over the last year or so involves software developers creating "widgets" which can be hosted within web pages and blogs. Widgets can be pretty much any