Skip to main content

Stocks show gains two days in a row -- is the rally back on?

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. It's been a while since I wrote a post highlighting the latest Alert HQ signals but I want to remind everyone that we have been putting up the Tuesday, Thursday and Saturday morning signals regularly without interruption.

Today we have the following:
  • 25 Swing Signals -- 23 BUY signals and 2 SELL signals.
  • 87 Trend Leaders, all in strong up-trends according to Aroon, MACD and DMI. We have 35 stocks that are new additions to the list and 43 that fell off the previous list.
  • 15 Trend Busters, of which 11 are BUY signals and 4 are SELL signals.
  • 125 Gap Signals -- stocks with upside or downside gaps or gaps that have been closed. 75 are bearish gaps and 50 are bullish gaps.
The view from Alert HQ --

Over the weekend I wrote that Friday's market action was so bad that it seemed the advantage had gone to the bears. Major indexes wilted just as they seemed ready to decisively move above moving averages that were presenting resistance. Over the last two days, however, the stocks seem to be gathering strength for another run at the same moving averages.

The signals at Alert HQ are in tune with this recovery in strength. BUY signals are strongly outnumbering SELL signals on the Swing Signals and Trend Busters lists. Just so you don't get carried away with optimism, though, the Trend Leaders list has more stocks falling off the list than were added today and downside gaps over the last five days still outnumber upside gaps.

So our fast moving signals are showing a resurgence in stocks and our slower moving signals (the Trend Leaders, for example) are still reflecting last week's weakness. Which do you think will dominate Wednesday's trading?

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

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 professionals and …

Unlock Stock Market Profits - Key #4

This is the fourth article in a series of posts describing 10 tools to help you identify and evaluate good investing ideas. 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)

With this fourth post, we will continue another step along the path of finding stocks that seem to have some potential. The first post in the series discussed how to use unusual activity to identify investing ideas. The second post described how to use stock screeners. The third post described how to use lists of new highs and new lows. This post will focus on identifying social or business trends in order to find investing ideas.

Information on new trends might turn up anywhere. In conversation with friends or business associates, in newspapers or magazines, on TV or though your work. The key is to be aware of trends and how they start, stop or change. We'll start by describing what to lo…

Free stock alerts, Trend Leaders, Bollinger Band Breakouts and Cash Flow Kings for Jan 16, 2009

This post is to announce that the latest list of free stock alerts is up and available at Alert HQ. Each week we scan over 7400 stocks and ETFs looking for fresh BUY and SELL signals. We apply a combination of proprietary and standard technical analysis techniques to identify those stocks that are beginning to move. Our goal is to identify stocks or ETFs that are undergoing reversals, either to the upside or to the downside.

Wait, there's more...

We also use the Alert HQ process to generate more free lists of stocks and ETFs

The first byproduct of the Alert HQ process is the Trend Leaders list, our collection of stocks in strong up-trends. These stocks are registering strong signals using Aroon analysis, DMI and MACD. They are also above their 50-day exponential moving average. This week's list is now available at the TradeRadar site on the Trend Leaders page.

As another byproduct of the Alert HQ process we have generated a list of stocks that have broken either above their upper…