Skip to main content

Alert HQ signals for Tuesday, Jan 5, 2010


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:
  • 17 Swing Signals -- 6 BUY signals and 11 SELL Signals.
  • 585 Trend Leaders, all in strong up-trends according to Aroon, MACD and DMI. We have 208 stocks that are new additions to the list and 118 that fell off the previous list.
  • 84 Trend Busters of which 78 are BUY signals and 6 are SELL signals.
  • 152 Gap Signals -- stocks with upside or downside gaps or gaps that have been closed. 61 are bearish gaps and 91are bullish gaps.
The view from Alert HQ --

This past weekend the Alert HQ signals suggested that we might see gains in stocks. Monday, the first trading day of the new year, delivered a powerful rally. Tuesday was all about hanging onto those gains. Mixed economic reports resulted in stocks dropping, rising, dropping and finally rising again to finish the day more or less flat.

Today's uncertainty seems to have had an impact on our Swing Trading Signals. Only 17 today and most of them are SELL signals. In the meantime, all our other signals are unequivocally bullish. Almost 600 Trend Leaders is an indicator of broad-based strength in the market. We have plenty of Trend Busters almost all of which are BUY signals. Finally, we have more bullish gaps than bearish gaps on our Gap Analysis list.

I have often said that the Swing Trading Signals are the most responsive and when they start looking bearish, the market could be ready for a fall. Today, with SELL signals outnumbering BUY signals, you might wonder why I'm not more bearish. I believe that the small number of Swing Signals makes today's indication carry much less weight. If the list was four or five times larger, I'd say "beware". Since that is not the case, we can only assume the trend remains UP. Accordingly, I encourage you check out our various BUY signals and populate your watchlist.

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.
Labels:

Comments

Post a Comment

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
4 comments
Read more

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:   https://tradingstockalerts.com/software/downloadpatch Contact us if you have questions or identify any new issues.
Post a Comment
Read more

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
2 comments
Read more