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:
The bulls are back in town!
On a number of occasions I've written about the Swing Trading Signals and how a big showing of BUY signals on the Swing Signals list is often a precursor to a rally. Well, tonight we sure got a big showing! Usually we have 25 to 40 stocks on a Swing Trading list but tonight we have over 600. Now that is a bullish statement!
It is clear that after the last two weeks of declines, stocks are bouncing hard off their lower Bollinger Bands and stoking the Swing Trading Signals list. But that's not the only bullish indication. We're seeing more upside gaps than downside gaps. The Trend Busters list has a been a mess lately but we're starting to see BUY signals return here, too. Finally, the Trend Leaders list, our slowest moving signal, has dwindled down to about as low a level as it ever gets.
If Friday's Non Farm Payrolls report cooperates, I'm thinking this market could be off to the races.
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.
Today we have the following:
- 627 Swing Signals -- 623 BUY signals and 2 SELL Signals plus 2 Strong BUYs.
- 116 Trend Leaders, all in strong up-trends according to Aroon, MACD and DMI. We have 38 stocks that are new additions to the list and 64 that fell off the previous list.
- 28 Trend Busters of which 13 are BUY signals and 15 are SELL signals.
- 188 Gap Signals -- stocks with upside or downside gaps or gaps that have been closed. 77 are bearish gaps and 111 are bullish gaps.
The bulls are back in town!
On a number of occasions I've written about the Swing Trading Signals and how a big showing of BUY signals on the Swing Signals list is often a precursor to a rally. Well, tonight we sure got a big showing! Usually we have 25 to 40 stocks on a Swing Trading list but tonight we have over 600. Now that is a bullish statement!
It is clear that after the last two weeks of declines, stocks are bouncing hard off their lower Bollinger Bands and stoking the Swing Trading Signals list. But that's not the only bullish indication. We're seeing more upside gaps than downside gaps. The Trend Busters list has a been a mess lately but we're starting to see BUY signals return here, too. Finally, the Trend Leaders list, our slowest moving signal, has dwindled down to about as low a level as it ever gets.
If Friday's Non Farm Payrolls report cooperates, I'm thinking this market could be off to the races.
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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