Skip to main content

Optimism returns -- Alert HQ signals for Tuesday, Feb 16, 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:
  • 116 Swing Signals -- 114 BUY signals and 2 SELL Signals.
  • 111 Trend Leaders, all in strong up-trends according to Aroon, MACD and DMI. We have 48 stocks that are new additions to the list and 33 that fell off the previous list.
  • 91 Trend Busters of which 80 are BUY signals and 11 are SELL signals.
  • 202 Gap Signals -- stocks with upside or downside gaps or gaps that have been closed. 83 are bearish gaps and 119 are bullish gaps.
The view from Alert HQ --

It's good to see all our lists of stock picks are so bullish. The Swing Signals and Trend Busters lists have BUY signals way, way outnumbering SELL signals. The Trend Leaders list is starting to turn around and is now growing. Finally, we are again seeing more upside gaps than downside gaps.

All of this implies that this market has more gains in store. Last week it looked like the near-correction we had been experiencing  was coming to an end. Today's action seems to confirm the new bullish trend. As stocks begin to reverse to the upside, the downward trend lines are being broken. And the gains seem to be broad-based.

If you taken a chance on a few of our picks from last week you would have made money already. We've got a growing selection of BUY signals and it's not too late to jump on one!

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.

Comments

Anonymous said…
Hey, just want to say hi. I'm new here.

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 ...

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.

Time to be conservative with your 401K

Most of the posts I and other financial bloggers write are typically focused on individual stocks or ETFs and managing active portfolios. For those folks who are more conservative investors, those whose main investment vehicle is a 401K, for example, the techniques for portfolio management might be a little different. The news of stock markets falling and pundits predicting recession is disconcerting to professional investors as well as to those of us who are watching our balances in an IRA or 401K sag. What approach should the average 401K investor take? Let's assume that the investor is contributing on a regular basis to one of these retirement accounts. There are two questions that the investor needs to ask: 1. Should I stop putting the regular contribution into stocks? My feeling is that investors making regular contributions are being handed a present by the markets. Every week the market goes down, these investors are lowering their average cost. When markets reco...