the Trade-Radar + TradingStockAlerts blog

I've been dabbling with applying some of our Swing Signals algorithms to weekly data. This past weekend I came up with an interesting stock that generated a Strong BUY signal. The company is Energy XXI (Bermuda) Limited (EXXI). Background -- The company engages in the acquisition, exploration, development, and operation of oil and natural gas properties onshore in Louisiana and Texas and offshore in the Gulf of Mexico.As of June 30, 2009, it had proved reserves of 53.1 million barrels of oil equivalent, as well as operated or had an interest in 274 producing wells on 148,784 net developed acres. With all the negative publicity around companies that drill in the Gulf of Mexico, it's a bit of a surprise to see a company like Energy XXI beginning to register gains in its stock price. What seems to be happening is that investors are beginning to discriminate between deep water drillers and shallow water drillers. Energy XXI drills in waters only 100 feet deep. The company ten...

Last week I presented a list of the ProShares ETFs that had exhibited the strongest performance over the course of the last week. I received a number of comments over at Seeking Alpha requesting that I do it again so here it is. Purpose -- The ProShares leveraged ETFs are primarily short-term trading vehicles and, as such, they can be viewed as indicators of short-term sentiment. Since the ETFs come in both styles and sectors, this analysis might shed some light on how investors currently view large caps, small caps, sectors and indexes. The following table lists those members of the ProShares family that have turned in the best performance over the course of the last week (the period from last Tuesday through this Monday). The criteria is that any ETF with double-digit gains makes the list. This week I also add a measure of volume where I compare this week's average volume to the previous week's average volume. Increased volume may confirm increase in price as an indic...

This post lists all of this weekend's stock market BUY and SELL signals available at Alert HQ . Today we have the following stock picks and signals: Reversal Alerts based on daily data, we have 68 Alert HQ BUY signals and 4 SELL signals Reversal Alerts based on weekly data, we have 1 Alert HQ BUY signal and 145 SELL signals We have 30 Bollinger Band Breakouts based on daily data and 19 are bullish. We also have 141 Breakouts based on weekly data and 104 of them are bearish. We have 648 Cash Flow Kings 155 Swing Signals -- every one is a BUY signal except a paltry three SELL signals 42 Trend Leaders , all in strong up-trends according to Aroon, MACD and DMI. We have 18 stocks that are new additions to the list and 8 that fell off the previous list. 107 Trend Busters based on daily data of which all but two are BUY signals. We also have 330 Trend Busters based on weekly data  but in this cas...

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: 139 Swing Signals -- 139 BUY signals and not one SELL signal. 32 Trend Leaders , all in strong up-trends according to Aroon, MACD and DMI. We have 21 stocks that are new additions to the list and 6 that fell off the previous list. 69 Trend Busters , of which 65 are BUY signals and 4 are SELL signals. 115 Gap Signals -- stocks with upside or downside gaps or gaps that have been closed. 66 are bearish gaps and 49 are bullish gaps. The view from Alert HQ -- Stocks  started the day strongly and finished with a further last minute rally. The result is another set of bullish signals at Alert HQ. We again have unusual proportions of BUY signals. The Swing Signals list is has no SELL signals and the Trend Busters list has only 4 SELL signals. The Trend Leaders list...

I have been pounding the table for tech and especially semiconductors for months. Today, however, I came across a post at EETimes.com that throws a little cold water on my enthusiasm. Here is a quote from the article: Gartner Inc. analysts Bryan Lewis and Peter Middleton, said: ''Worldwide semiconductor revenue in 2010 is projected to reach $290 billion, a 27.1 percent increase from 2009 revenue of $228 billion. The outlook for the semiconductor industry has improved from Gartner's first quarter of 2010 forecast, when we projected worldwide semiconductor sales to grow 19.9 percent. ''Chip revenue growth is clearly outpacing system revenue growth, and that is a concern. Gartner's new semiconductor forecast has below-average growth in the second half of 2010, as we are anticipating a minor correction to realign semiconductor sales with electronic system sales.'' In other words, the chip makers are cranking out semiconductors but those companies build...

With the release of the latest version of the Trade-Radar Stock Inspector software we have to redo some of the documentation that was previously used to introduce users to the program. The updated slideshow below shows some of the software's new features and highlights its simplicity. I have always contended that the Trade-Radar software is very easy to use. There are two main areas that the following slideshow demonstrates: Charting - setting up the chart to generate the indicators may not be immediately obvious to new users. The slideshow below describes how to use the new "Automatic Chart Setup" feature as a shortcut.  Evaluating Indicators - all three tabs on the revamped and greatly expanded Dashboard screen and all the associated indicators are displayed. The slideshow goes on to explain how to evaluate our indicators and make your final Buy or Sell decision.  On to the slideshow! (Look for the icon that allows you to view in full screen mode.) Trade-Rada...

It's no secret this market has increased in volatility lately. In this post we look for signs of sector momentum in the short term moves of the ProShares leveraged ETFs. These favorites of traders, individual investors and institutions alike have been used as hedges, contrarian indicators, momentum plays and vehicles to juice up portfolios. The following table lists those members of the ProShares family that have turned in the best performance over the course of the last week (the period from last Tuesday through this Monday): Symbol Fund Name Group Objective Percent Change JPX UltraShort MSCI Pacific ex-Japan Short 200% of the Inverse 7.9% SJH UltraShort Russell2000 Value Short 200% of the Inverse 7.7% SMN UltraShort Basic Materials Short 200% of the Inverse 7.7% SRS UltraShort Real Estate Short 200% of the Inverse 7.6% SIJ UltraShort Industrials Short 200% of the Inverse ...