Skip to main content

Tuesday Swing Signals, Trend Leaders, Trend Busters and Gaps for Dec 15, 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:
  • 29 Swing Signals -- 20 BUY signals and 7 SELL Signals plus 1 Strong BUY and 1 Strong SELL.
  • 308 Trend Leaders, all in strong up-trends according to Aroon, MACD and DMI. We have 115 stocks that are new additions to the list and 61 that fell off the previous list.
  • 61 Trend Busters of which 54 are BUY signals and 7 are SELL signals.
  • 162 Gap Signals -- stocks with upside or downside gaps or gaps that have been closed. 84 are bearish gaps and 78 are bullish gaps.
The view from Alert HQ --

 Stocks couldn't repeat Monday's winning ways today but neither did they erase all the upward momentum. Tonight's Alert HQ signals are actually rather positive and I'm pretty encouraged by this.

The number of stocks on the Trend Leaders list has finally managed to sneak above 300. And an encouraging sign that the move is becoming more broad-based is shown by the number of sector ETFs that are on the list of stocks and ETFs that are new additions to the list today. For example, now showing strong up-trends we see VANGUARD NATURAL RESOURCES (VNR), VANGUARD UTILITIES ETF (VPU), RYDEX S&P EQUAL WEIGHT HEALTH CARE ETF (RYH) and, surprisingly, the ISHARES DJ US REAL ESTATE (IYR). ETFs already on the list include ISHARES DJ SELECT DIVIDEND (DVY), CLAYMORE/NYSE ARCA AIRLINE ETF (FAA) and some other real estate ETFs. A level of 300, however, is far from an indicator of a frothy market so, in my opinion, the market could easily accommodate a move to the upside before being considered overbought.

The other lists are clearly showing a big bias toward BUY signals.  BUY signals outnumber SELL signals more than 2 to 1 on the Swing Signals list. The situation is even more bullish on the Trend Busters list which is running nearly 8 to 1 in favor BUY signals. And there sure seems to be a lot of energy companies on the list today.


So my interpretation is that stocks are stubbornly resisting the bears. As those Bollinger Bands narrow and the doomsayers predict soaring inflation and falling stocks, these signals suggest to me an upside breakout is likely.  Browse the Alert HQ lists for stocks and ETFs with potential to lead the next rally.

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

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 …

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…

Running TradeRadar on Windows 7 and Windows 8

Development of the original TradeRadar Stock Inspector software was begun back in the days before Windows 7 and Windows 8 were available.

As these newer versions of Windows have become more popular, we have heard from some users that they are having problems installing and running TradeRadar on their newer PCs.

The good news is that TradeRadar will work just fine on Windows 7 and Windows 8. All you have to do is adjust the Windows Compatibility Settings to ensure TradeRadar runs as intended.

It is recommended that you can apply Compatibility Settings when running the initial installation; however, it is also possible to apply Compatibility Settings after the program has been installed.

Prior to installation
After downloading the install program, go to the folder where you have stored the TradeRadarStkInsp_7_Setup.exe or TradeRadarStkInsp_7_PRO_Setup.exe executable. Right-click on the executable file and select Properties. Click the Compatibility tab. Adjust the Compatibility mode to …