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:
I'm buying into the opinion that the market is over-bought and ready for a pullback, but now I see a surge in BUY signals on the Swing Trading Signals list. What to do?
Looking for some confirmation in the other Alert HQ lists, I see a contrarion indicator in that the number of stocks on the Trend Leaders list has fallen from almost 1000 to under 400. Once this number gets down to about 300, stocks tend to begin to bounce back. The Trend Busters list, however, is sitting on the fence with BUY signals and SELL signals about evenly split. Finally, we have a few more upside gaps than downside gaps on the Gap Analysis list.
All in all, a slight bias to bullishness. To get a head start on what could be an extension of this rally, head over to the Swing Signals page. We have a good number of energy-related companies listed today and some utilities (though I will grant you that utilities are not typically bull market leaders). For those who are looking for tech stocks (which often are bull market leaders), we have a couple of those as well, specifically Keithley Instruments and Rackspace Hosting.
As always, I encourage you to spend a few minutes browsing through Alert HQ. We always have a few interesting selections that just might be what you're looking for.
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:
- 33 Swing Signals -- 29 BUY signals and 4 SELL Signals and one Strong BUY.
- 386 Trend Leaders, all in strong up-trends according to Aroon, MACD and DMI. We have 74 stocks that are new additions to the list and 174 that fell off the previous list.
- 13 Trend Busters of which 6 are BUY signals and 7 are SELL signals.
- 138 Gap Signals -- stocks with upside or downside gaps or gaps that have been closed. 64 are bearish gaps and 74 are bullish gaps.
I'm buying into the opinion that the market is over-bought and ready for a pullback, but now I see a surge in BUY signals on the Swing Trading Signals list. What to do?
Looking for some confirmation in the other Alert HQ lists, I see a contrarion indicator in that the number of stocks on the Trend Leaders list has fallen from almost 1000 to under 400. Once this number gets down to about 300, stocks tend to begin to bounce back. The Trend Busters list, however, is sitting on the fence with BUY signals and SELL signals about evenly split. Finally, we have a few more upside gaps than downside gaps on the Gap Analysis list.
All in all, a slight bias to bullishness. To get a head start on what could be an extension of this rally, head over to the Swing Signals page. We have a good number of energy-related companies listed today and some utilities (though I will grant you that utilities are not typically bull market leaders). For those who are looking for tech stocks (which often are bull market leaders), we have a couple of those as well, specifically Keithley Instruments and Rackspace Hosting.
As always, I encourage you to spend a few minutes browsing through Alert HQ. We always have a few interesting selections that just might be what you're looking for.
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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