Today we have the following:
- 34 Swing Signals -- 21 BUY signals and 13 SELL Signals.
- 541 Trend Leaders, all in strong up-trends according to Aroon, MACD and DMI. We have 92 stocks that are new additions to the list and 200 that fell off the previous list.
- 19 Trend Busters of which 13 are BUY signals and 6 are SELL signals.
- 191 Gap Signals -- stocks with upside or downside gaps or gaps that have been closed. 86 are bearish gaps and 105 are bullish gaps.
Stocks rebounded today after Friday's sell-off and some new highs were attained, just barely. Essentially though, despite the gyrations, major averages have been more or less in a range for the last week or so.
What is encouraging, however, is seeing a mild resurgence of bullishness in our Alert HQ signals. The number of signals is not high but at least we are seeing more BUY signals than SELL signals again. We also see more stocks and ETFs being added to the Trend Leaders list than we see falling off the list.
Things are always crazy during earnings season but it's still worth while to keep an eye on the BUY signals. If this market starts breaking out again, you'll want to have a few good candidates on your watch list.
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.
Found a few stock picks you are interested in? If you are looking to refine your entry and exit points, you should take a look at what our friends at Hottinger's E-Zone Signals have to offer.
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