the Trade-Radar + TradingStockAlerts blog

The market is firming these days and what was out of favor is now meeting demand. Growth stocks had certainly been weak while investors fled to defensive sectors. That is beginning to change now. Using the Premium Stock Screener at out sister site TradingStockAlerts.com, we have identified a list of growth stocks whose 50-day exponential moving average (EMA) has, within the last few days, started to turn up in a bullish direction. Symbol Name Sector Industry ACN Accenture plc. Miscellaneous Business Services AGP AMERIGROUP Corporation Health Care Hospital And Medical Service Plans ALV Autoliv, Inc. Capital Goods Auto Parts:O.E.M. BKI Buckeye Technologies, Inc. Basic Industries Paper CPSI Computer Programs and Systems, Inc. Technology EDP Services CYOU Changyou.com Limited Technology Computer Software: Prepackaged Software DCI Donaldson Company, Inc. Capital Goods Pollution Con...

We've been presenting our Bollinger Band Breakouts at Alert HQ for quite a while now. What's nice is being able to use the stock screeners at our sister site TradingStockAlerts.com to refine the selection. Accordingly, I started with bullish Bollinger Band Breakouts (those whose price exceeded the upper Bollinger Band) and selected those stocks that were profitable and offered a dividend. The following seven stocks popped out. Symbol Name Last Price Sector Industry AVD American Vanguard Corporation $13.38 Basic Industries Agricultural Chemicals FUL H. B. Fuller Company $23.64 Basic Industries Home Furnishings MLHR Herman Miller, Inc. $26.75 Consumer Durables Office Equipment/Supplies/Services NYMT New York Mortgage Trust, Inc. $7.82 Consumer Services Real Estate Investment Trusts RBN Robbins & Myers, Inc. $49.03 Capital Goods Fluid Controls WAC ...

This is another installment of our weekly market update where we look at the state of the market and try to divine where stocks might be headed. Last week we opined that the technicals of the market suggested a bottom was imminent as we were getting very close to the extremes that in past downturns signaled a rally. The market cooperated somewhat by breaking its six week losing streak. Read on to see how this call is working out... The view from Alert HQ --   For those readers who are new to TradeRadar or who don't remember what this is all about, the data for the following charts is generated from our weekly   Alert HQ   process. We scan roughly 6200 stocks and ETFs each weekend and gather the statistics presented below. In this first chart below we count the number of stocks above various exponential moving averages and count the number of moving average crossovers, as well. We then plot the results against a chart of the SPDR S&P 500 ETF (SPY). With SP...

Bonds got clobbered today, going in the opposite direction as stocks. I've been watching the iShares Barclay's 20+ Year Bond Fund (TLT) for a while and wondering if the rally was getting tired. Today's action suggests TLT is really pooped and that perhaps the rally is over for now. Let's go through the chart: Here are six reasons that suggest the rally may have run its course: Big gap down today on decent though not extraordinary volume Over the last couple of weeks, Slow Stochastics have been trending down while TLT was trending up. This implies TLT was running out of steam. Slow Stochastics have broken down in a bearish manner now with the value dropping below 50. MACD has also been trending down slightly while TLT was trending up. MACD has now failed to climb above its signal line (the red line) for a couple of weeks and, after today, is noticeably pointed downward. Wilder's DMI just showed a crossover where the -DM (bearish Directional Movement) indicat...

It's been roughly six months since I've done one of these weekly market analysis posts but with stocks grinding lower for six straight weeks I thought this would be a good time to pull out the charts and see where we stand. The view from Alert HQ -- For those readers who are new to TradeRadar or who don't remember what this is all about (and I don't blame you if you've forgotten), the data for the following charts is generated from our weekly Alert HQ process. We scan roughly 6200 stocks and ETFs each weekend and gather the statistics presented below. In this first chart below we count the number of stocks above various exponential moving averages and count the number of moving average crossovers, as well. We then plot the results against a chart of the SPDR S&P 500 ETF (SPY). This chart makes it clear we are reaching the extremes of last May and June. One could say that our "summer swoon" is right on schedul...

Here's why I think the Tech sector is currently undervalued: This chart shows the Average PE for all profitable tech stocks with a market cap of at least $300 million. The Average PE is compared to the NASDAQ Composite. The interesting thing is that even thought the NASDAQ Composite has moved up over the last few quarters as depicted in the chart, the average PE peaked after Q4 2010 earnings were reported and has declined ever since. It's true I've tossed out some of the really high PE outliers but even when they are included, the chart has the same shape as that shown above.  This suggests that Tech stocks today are anything but over-valued. Further supporting this thesis is that the second half of the year is often strong for Tech and many analysts are predicting that this year will be no different. Bottom line: tech stocks are undervalued and the coming seasonality puts the wind at their backs. Tech is likely a Buy right now. Disclosure: in the tech sect...

As earnings season has progressed, results have not been uniform across the semiconductor sector. In addition, sector analysts have not agreed on the future direction for chips. Here is a brief selection of items to give you a flavor of what’s been going on lately: Intel (INTC) started the ball rolling in earnings season by surprising everyone with a blowout quarter and positive forward guidance. Kulicke & Soffa (KLIC), a chip-equipment company, reported good earnings and a positive outlook Broadcom (BRCM) had a good quarter but offered dismal guidance Teradyne (TER) had a strong first quarter but warned the second quarter might be more challenging Novellus (NVLS) is pretty much in the same boat with Broadcom and Teradyne Applied Materials (AMAT) announced they are buying Varian (VSEA) so it’s clear that AMAT certainly sees potential in the chip sector This list is by no means complete but it illustrates that consistency is lacking in the sector. The situation is no bette...