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Alert HQ signals for Thursday, Feb 25, 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:
  • 24 Swing Signals -- 13 BUY signals and 11 SELL Signals.
  • 245 Trend Leaders, all in strong up-trends according to Aroon, MACD and DMI. We have 68 stocks that are new additions to the list and 129 that fell off the previous list.
  • 23 Trend Busters of which 12 are BUY signals and 11 are SELL signals.
  • 158 Gap Signals -- stocks with upside or downside gaps or gaps that have been closed. 85 are bearish gaps and 73 are bullish gaps.
The view from Alert HQ --

Things today seemed to conspire to send stocks down. The Durable Goods report was disappointing to many and jobless claims increased over the previous week, surprising economists who expected a decrease. After being down as much as 1.5% at mid-day, stocks turned up and finished the day down only slightly.

Finishing strong is an encouraging statement by this market. Thus, as I review tonight's Alert HQ signals, I see wisps of bullishness returning. Though the Swing Signals and Trend Busters lists are not very long, BUY signals do manage to eke out a small majority over SELL signals.

On the other hand, the Trend Leaders list has definitely shrunk, reflecting how the bullish action of the previous two weeks has seen its upward momentum eroded. And the last few days has also resulted in an increase in downside gaps.

Today's resurgence from steep losses on decent volume, though, suggests the market is ready resume a bullish attitude. If you've got some "dry powder", be sure to visit Alert HQ for some prime candidates for your Buy 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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