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Alert HQ signals for Thursday, Jan 7, 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: 25 Swing Signals -- 13 BUY signals and 12 SELL Signals. 631 Trend Leaders , all in strong up-trends according to Aroon, MACD and DMI. We have 191 stocks that are new additions to the list and 145 that fell off the previous list. 43 Trend Busters of which 36 are BUY signals and 7 are SELL signals. 187 Gap Signals -- stocks with upside or downside gaps or gaps that have been closed. 65 are bearish gaps and 122 are bullish gaps. The view from Alert HQ -- Another day of markets muddling through. The NASDAQ came up with another minor loss while the Dow and the S&P 500 managed minor gains. With this kind of inconclusive behavior I'm  surprised to see such a bullish tone to our Alert HQ signals today. Though our Swing Trading Signals are again noncommittal, nearly evenly spli...

SEMI offers wildly optimistic forecast for semi equipment sector -- best opportunity may lie in one sub-sector

SEMI, global industry association serving the manufacturing supply chains for the microelectronic, display and photovoltaic industries, recently released their forecast for semiconductor equipment sales for 2010 and 2011. The results are optimistic, indeed. Here is the money quote: The forecast indicates that, following a 31 percent decline in 2008, the equipment sector will post another significant decline of approximately 46 percent in 2009. SEMI expects the market to grow approximately 53 percent in 2010 to US$24.5 billion and to further increase about 28 percent in 2011 to US$31.2 billion. Here is a chart that plots these growth rates with 2007 considered to be 100% Despite the torrid growth rates forecast by SEMI, you can see that even by 2011, semiconductor equipment sales will not be up to the level of 2007. Talk about an industry downturn! Another interesting aspect of the forecast is the following table that breaks things down by equipment segment. Forecast by Equi...

Alert HQ signals for Tuesday, Jan 5, 2010

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: 17 Swing Signals -- 6 BUY signals and 11 SELL Signals. 585 Trend Leaders , all in strong up-trends according to Aroon, MACD and DMI. We have 208 stocks that are new additions to the list and 118 that fell off the previous list. 84 Trend Busters of which 78 are BUY signals and 6 are SELL signals. 152 Gap Signals -- stocks with upside or downside gaps or gaps that have been closed. 61 are bearish gaps and 91are bullish gaps. The view from Alert HQ -- This past weekend the Alert HQ signals suggested that we might see gains in stocks. Monday, the first trading day of the new year, delivered a powerful rally. Tuesday was all about hanging onto those gains. Mixed economic reports resulted in stocks dropping, rising, dropping and finally rising again to finish the day more or less flat. ...

Slouching out of 2009, stocks look for direction this week

The last week of 2009 provided a less than thrilling end to a year that supplied more excitement than most investors could stand. Economic reports, however, were pretty decent. The weekly initial jobless claims turned out much better than expected. Chicago PMI wasn't bad either. The lack of news, earnings, debt blow-ups or any other market-moving catalysts left the skeleton crews left on trading desks working to protect the gains of the last nine months. That meant selling. And it leaves us with nothing much to review today except the technical analysis situation. The view from Alert HQ -- Charts of some of the statistics we track at Alert HQ are presented below. This first chart presents our moving average analysis. Though the week seemed to yield dismal results for the major indexes, this chart shows that damage was quite limited. Yes, the number of stocks above their 50-day moving average decreased slightly but the number of stocks whose 20-day moving average is abov...

Last Weekend Winners and Losers of the year - Alert HQ BUY and SELL signals for December 31, 2009

This is the usual quick post announcing that the weekend's stock signals are now available at Alert HQ . This one is, of course, the last one for 2009. Time for a few changes -- Today's signals are also notable because there has a little modification to the algorithm used to generate the Alert HQ BUY and SELL signals based on daily data and weekly data. These signals are based on detecting reversals through evaluation of several criteria. Penetration of the 50-day moving average was a requirement. The emphasis on that requirement has been reduced and use of Williams %R has been increased. This should make the algorithm more sensitive to increasing momentum and thus more responsive to stocks that are turning around but have not yet crossed their 50-day moving average, Another change was incorporated to reduce emphasis on the Aroon trending indicator. Based on 25-days of data, it is one of the slower moving indicators we are using and therefore tends to lag the other indica...

Alert HQ signals for Tuesday, Dec 29, 2009

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: 19 Swing Signals -- 10 BUY signals and 9 SELL Signals. 554 Trend Leaders , all in strong up-trends according to Aroon, MACD and DMI. We have 122 stocks that are new additions to the list and 118 that fell off the previous list. 45 Trend Busters of which 41 are BUY signals and 4 are SELL signals. 157 Gap Signals -- stocks with upside or downside gaps or gaps that have been closed. 84 are bearish gaps and 73 are bullish gaps. The view from Alert HQ -- The weekend's signals suggested further gains for stocks but instead markets have struggled every day this week. Lack of news and low volume are putting the brakes on last week's rally. Today's signals are somewhat mixed. Trend Busters and Trend Leaders are still registering strongly bullish results while the Swing Signals...

EBIX - solid pick in the software sector

Ebix, Inc. (EBIX)  showed up this weekend as a new addition to our Trend Leaders list. It earned this distinction by registering bullish indications via MACD and DMI analysis. Here is the chart: The chart shows that the stock has been in a downtrend since October. Now, however, it's beginning to show some life. It's making a strong recovery from the area around $45 and has broken resistance in the area around $50 as well as making a move above that downward sloping trend line. Background -- According to Yahoo! Finance, Ebix provides software and e-commerce solutions for the insurance industry primarily in North America, Australia, New Zealand, India, and Singapore. It focuses on the sale, customization, development, implementation, and support of insurance carrier system platforms. It also sells and supports broker/agency management systems. A major channel for the company is the EbixExchange, On-Demand Software Exchange that offers products and services that automat...