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Is the turn-around here? -- Alert HQ signals for Thursday, May 27, 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:
  • 345 Swing Signals -- 344 BUY signals and 1 SELL signal.
  • 17 Trend Leaders, all in strong up-trends according to Aroon, MACD and DMI. We have 9 stocks that are new additions to the list and 2 that fell off the previous list.
  • 44 Trend Busters, of which 35 are BUY signals and 9 are SELL signals.
  • 187 Gap Signals -- stocks with upside or downside gaps or gaps that have been closed. 70 are bearish gaps and 117 are bullish gaps.
The view from Alert HQ --

Stocks popped today and the Alert HQ signals have started to really turn around.

The Swing Signals are usually the most responsive indicators and today's list of 345 signals, all but one BUY signals, shows the early signs of  a turnaround. Similarly, the Gap Signals list shows upside gaps strongly outnumbering downside gaps. These are first signs of bullishness we've seen in a while and they shouldn't be ignored.

Another positive development is that the Trend Leaders list has started to improve. After hitting an all time low just two days ago, the list is starting to increase and fewer stocks are falling off the list. Likewise, the Trend Busters list has gone from nearly all SELL signals to mostly BUY signals.

Investors will certainly need to see some follow-through after today's big rally in order to declare the downturn over. For example, I'd like to see the S&P 500 move definitively above its 200-day moving average and the NASDAQ conclusively closing that downside gap from a week ago. 

In any case, I think it is at least possible to say that we have seen all the damage we are likely to see.So be sure to look to Alert HQ for the stocks that are making the early moves to the upside.

Really, really last chance for discount on Trade-Radar Software --

This weekend I will be sending a $10 discount coupon code out to members of the Trade-Radar Software Users Group. Not a member yet? Go to the Download page and click on the button for the 45-day free trial. A form will appear that allows you to sign up for the users group at that time.

Already downloaded the software? No problem. There's a link to the sign-up page on the Trade-Radar homepage.

All the new features in the new Trade-Radar Stock Inspector software will make it an indispensable tool for your investing. Try the 45-day free trial right away!

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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