Skip to main content

Alert HQ signals for Thursday, Dec 3, 2009

This post is announcing that Thursday'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:
  • 19 Swing Signals -- 17 BUY signals and 2 SELL Signals.
  • 257 Trend Leaders, all in strong up-trends according to Aroon, MACD and DMI. We have 71 stocks that are new additions to the list and 45 that fell off the previous list.
  • 50 Trend Busters of which 44 are BUY signals and 6 are SELL signals.
  • 212 Gap Signals -- stocks with upside or downside gaps or gaps that have been closed. 103 are bearish gaps and 109 are bullish gaps.
The view from Alert HQ --

Today started optimistically, then stocks took a dip when the ISM Services index disappointed. After struggling to regain positive ground, stocks slid abruptly into the close to finish with modest losses.

Fear of Friday's Nonfarm Payrolls report was blamed for the last minute sell-off. Here at Alert HQ, however, the indications are still fairly bullish. BUY signals still outnumber SELL signals by a mile.Some themes continue like the BUY signals on Japan ETFs and now some action in Turkish stocks and ETFs adding to the international mix.

Another theme I'm seeing is a bunch of small-cap pharmaceutical and biotech companies showing up with BUY signals. Some examples include BioMimetic Therapeutics (BMTI), Arca Biopharma (ABIO), Sangamo BioSciences (SGMO) and Theragenics (TGX).

Finally, it's good to see more tech stocks on the BUY lists, too. We have stocks like Cymer (CYMI), KLA-Tencor Corporation (KLAC) and Open Text (OTEX).

Tomorrow all eyes are on employment-related reports: monthly Nonfarm Payrolls is the big one that can move the market all by itself but we will also get the unemployment rate, average workweek and hourly earnings. Economists and analysts are looking for continued modest improvement.in these numbers.A big miss could tank this market but, after several weeks of shrinking initial jobless claims, NFP should end up in a "less bad" mode which should, in turn, provide some upside for stocks.

And so, with the primary trend still UP, it seems reasonable to remain bullish. So check out our lists today for an interesting selection of BUY signals.

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.

Comments

Check out our Toolbox page at http://trade-radar.com/tools/tools.html where we have a big list of all kinds of useful links for stock traders

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

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 professional