Skip to main content

Alert HQ signals for Thursday, March 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:
  • 14 Swing Signals -- 3 BUY signals and 11 SELL Signals.
  • 902 Trend Leaders, all in strong up-trends according to Aroon, MACD and DMI. We have 286 stocks that are new additions to the list and 165 that fell off the previous list.
  • 33 Trend Busters of which 29 are BUY signals and 4 are SELL signals.
  • 145 Gap Signals -- stocks with upside or downside gaps or gaps that have been closed. 66 are bearish gaps and 79 are bullish gaps.
The view from Alert HQ --

A week ago, it looked to me like stocks were getting tired. Since then, markets have put in a nice advance and I am once again getting skittish. Alert HQ is showing signs that the market is over-bought and ready for a pause. The Swing Signals are showing more SELL signals than BUY signals. The number of stocks on the Trend Leaders list is approaching one thousand. We've seen pullbacks before when these two sets of indicators are behaving this way.

On the other hand, maybe I'm just a worry wart. The Trend Busters list remains strongly bullish and the Gap Analysis list continues to show more upside gaps than downside gaps.

How to play it --

I'm often advising in these posts that you should pick some candidates for a watch list. With markets showing signs of wanting to take a breather, this is a good time to pick a few stocks from the Trend Leaders list and wait for a cheaper entry point which, in my opinion, might not be too far away. Don't forget to click the column headings to sort the lists to find those stocks whose valuation indicators look most attractive.

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

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.

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