the Trade-Radar + TradingStockAlerts blog

Only four days of trading this past week but there was no lack of surprises. Consumer Confidence, not normally a huge market mover, came in much better than expected and sparked a rally in spite of seriously disappointing housing data. Then we saw Treasury prices take a dive and stocks prices immediately followed suit. When it looked like the week was going to finish on a dismal note, stocks pulled off another "stick save" in the last half hour on Friday. Major averages finished the week with decent gains. After a couple of weeks of falling prices, this week's gains are welcome but by no means does it say we are out of the woods. Looking at the TradeRadar statistics we see a market that isn't breaking out in any direction but is meandering along while still looking "toppy". TradeRadar Alert HQ Stock Market Statistics -- Each week our Alert HQ process scans almost 7300 stocks and ETFs and records their technical characteristics. The following charts are base...

This is a brief post to present one of our custom stock screens. We look to our Trend Leaders and Bollinger Band Breakouts as sources of stocks and ETFs with superior momentum . We look to our Cash Flow Kings to find stocks exhibiting an element of value . Combine the two and our Big Mo screen now shows those stocks with both solid fundamentals and rising prices. The table below lists seven stocks with strong momentum based on daily data. Note that our Trend Leaders consist of stocks in strong up-trends based on Aroon, MACD and DMI. Combined with the kind of surging prices that generate Bollinger Band Breakouts, these stocks are definitely exhibiting leadership. Given the high cash flow yield each has, these stocks would appear to be solid candidates for your watchlist. Symbol Name Last Price Market Cap ACF AMERICREDIT CORP. $12.71 $1,688,000,000 ANF ABERCROMBIE & FITCH CO. $30.11 $2,641,000,000 GNK GENCO SHIPPING & TRADING LIMITED $26.15 $829,200,000 NBG NATIONAL BANK OF GR...

Last Thursday the advanced Durable Goods report for April 2009 was released by the U.S. Census Bureau. I always look for clues in the report to see what is happening in the high tech industry. What does this month's report tell us? Whither Semiconductors? Initially, I was pretty encouraged by the surge in semiconductor shipments in April. Shipments were up 34.4% from March. Then I plotted the data for the last couple of years in the following chart. This chart certainly shows a significant rebound in shipments in the most recent month. Unfortunately, it doesn't yet confirm a change in trend. You could a line from the January 2008 data point to the April 2009 data point and it would pretty much result in a straight line downtrend. A bottom in Computers? April resulted in continued minor weakness in the Computers and Related Products category. This is the sub-sector that includes PCs, servers and various other similar hardware. The following chart shows the data for Shipments. H...

The latest list of free stock alerts is up and available at Alert HQ . Each week we scan about 7300 stocks and ETFs, checking fundamentals, performing technical analysis and looking for fresh BUY and SELL signals. Out of this process we generate the following lists: Alert HQ stock alerts - based on a combination of proprietary and standard technical analysis techniques, we identify stocks or ETFs that are undergoing reversals, either to the upside or to the downside Trend Leaders - a collection of stocks in strong up-trends Cash Flow Kings whose free cash flow yield is 25% or greater Bollinger Band Breakouts - stocks or ETFs that have moved at least 3% above their upper Bollinger Band or at least 3% below their lower Bollinger Band Swing Signals - stocks that have bounced off a higher or lower Bollinger Band Trend Busters - stocks or ETFs that have violated a current trend. This week's results -- After a couple of disappointing weeks, stocks got their mojo back and, with the ...

This is a quick post to announce that Thursday's Trend Leaders, Swing Signals and Trend Busters are now available at Alert HQ . All are based on daily data. Today we have the following: 32 Swing Signals -- 14 BUY signals and 18 SELL Signals 515 Trend Leaders , all in strong up-trends according to Aroon, MACD and DMI 12 Trend Busters of which 3 are BUY signals and 9 are SELL signals To my disappointment, we have another Thursday with no Strong BUYs or Strong SELLs in our list of Swing Signals. We have a rather abbreviated list of Trend Busters today which kind of indicates that we may be in a rather range bound market this week. Remember, 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, our Swing Signals may provide some good trading ideas.

SanDisk (SNDK) had a wild day today, gaining over 14% and helping the NASDAQ outperform the other major averages. Was it warranted? The news that drove the stock today was related to SanDisk reaching an agreement with Samsung who manufactures NAND memory chips using technology covered by SanDisk patents. The previous seven year deal will expire in August of this year and investors were holding their breath waiting to see how the negotiations for a new deal would play out. Now we know. The companies have entered into another seven year agreement. This is good for both companies in that Samsung is now sure that it will have uninterrupted access to SanDisk's patents and SanDisk, in turn, will have a consistent, reliable revenue stream from the royalties. So far so good. Samsung, however, will in the future be paying roughly half what the current agreement stipulates. In other words, the $350M that SanDisk receives on an annual basis now will be reduced to about $175M. As a sweetener f...

This is a quick post to announce that Tuesday's Trend Leaders, Swing Signals and Trend Busters are now available at Alert HQ . All are based on daily data. Today we have the following: 111 Swing Signals -- 99 BUY signals and 10 SELL Signals plus two Strong BUYs. 478 Trend Leaders , all in strong up-trends according to Aroon, MACD and DMI 9 Trend Busters of which 1 is a BUY signal and 8 are SELL signals Be sure to check out the Strong BUYs; when the market rises, these guys really outperform. 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, our Swing Signals may provide some good trading ideas.