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Alert HQ signals for Thursday, Feb 11, 2010

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:
  • 208 Swing Signals -- 207 BUY signals and 1 SELL Signal.
  • 79 Trend Leaders, all in strong up-trends according to Aroon, MACD and DMI. We have 24 stocks that are new additions to the list and 44 that fell off the previous list.
  • 37 Trend Busters of which 25 are BUY signals and 12 are SELL signals.
  • 168 Gap Signals -- stocks with upside or downside gaps or gaps that have been closed. 72 are bearish gaps and 96 are bullish gaps.
The view from Alert HQ --

On Tuesday I thought the bulls were returning and today they seem to have arrived. Markets moved up nicely as the dollar moved down thanks to potential defusing of the Greek sovereign debt issue. Also reported today, initial jobless claims decreased more than expected and that provided added support for stocks.

On Tuesday I pointed out that it was hard to find confirming signals beyond the Swing Trading Signals list. Today, things are looking a bit better. Not only is the Swing Trading Signals list bursting with BUY signals, we also have the Trend Leaders with a very good proportion of BUY signals. The majority of gaps detected over the last few days have been to the upside. Taking a contrary point of view, the Trend Leaders list has sunk about as low as it has ever gotten; I can't help but think a nice bounce is store if not a resumption of the bull market.

I encourage you to set some time aside to look through our Swing Signals. There are over 200 of them today so roll up your sleeves and find yourself a stock or ETF you can ride to new highs!

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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