The SmarTrend Trading Community

Last week we saw a reversal from the prior week as the number of Uptrends outpaced the number of Downtrends.  Consistent with the current state of the market, the SmarTrend Ratio (% of Uptrends vs. total trends) continues to vacillate in the high 70% range although off the highest levels for the year.  The best Uptrends continue to outperform as the average Uptrend is now topping 44% in return since the Uptrend alert.  This is a high for the year which provides us with further evidence that the market continues to favor the stocks that have led the broader market during this now 6-month old rally.  Total number of Downtrends, and average Downtrend performance, remains relatively steady as investors have not yet found a sufficient catalyst to sell their winners or to increase bearish bets.  Perhaps the market awaits third-quarter earnings reports or additional macroeconomic data before bets - in either direction - are made.  We eagerly await the results and will be sure to notify subscribers if any changes in trend occur in their portfolio holdings.

Q: My question is on your website will I be able to see your take on all the stocks on daily basis, and then, I can pick stock of my choice ? Or, I will have to have my own watchlist and add them on your website and get your input on them ? I am trying to understand how does this whole thing work ?

Thanks,

Nuri

A: Hello Nuri,
Thanks for your email. The SmarTrend system scans it’s global portfolio (containing over 5,000 North American securities) every few minutes to determine changes in momentum.  We recommend that you add stocks you’re following to your Watchlist in order to be notified the moment a trend change occurs (via email). This feature is only available for the stocks on your Watchlist (you can add up to 100 individual stocks). Each trading day, SmarTrend issues about 60 trend alerts, on average, during the scan of it’s global portfolio.  You can see all the alerts that were issued during the past 7 days on the SmarTrend Alerts tab (see below).  You can also view the chart for any stock of your choice to see the current trend direction, trend price and trend date.

The number of Downtrends rose slightly last week as investors squared their portfolios at summer’s end, taking profits where possible.   The best Uptrends, however, continue their rise as witnessed by the rise in the average length to 107 days - well above historical averages.  The percentage of trends that are in-the-money, while off of peak levels, remains inline with historical averages (mid-80% for Uptrends during a rising general market).  We will watch this closely for signs of a potential top in the market.

Q: What are your feelings about the future of Maxwell and the present stock price?

-James

A: Hello James,

Thanks for your email. SmarTrend issued an UPTREND alert on MXWL on 2/13/09 at $6.37 and as of today’s recent price, the trend on MXWL has returned 108%.  The stock will remain in this UPTREND until our technical indicators determine a trend change has occurred.  While the average trend length is around 28 days, there are several cases in which they can last anywhere from a few days to several months (as in this case).  I suggest you signup for a free trial of the SmarTrend system (www.mysmartrend.com/shop.asp) so you can add MXWL to your Watchlist and be notified via email the moment it changes trend direction.  See below a one year performance chart of MXWL, including SmarTrend’s trend calls on the stock.

The number of Uptrends increased slightly last week as the markets managed to move fractionally higher.   We have also seen the length of the average Uptrend tick higher to 98 days - close to historical extreme levels without seeing a reversal in trend.  The number of Downtrends remains relatively flat at just 20% of the total SmarTrend global portfolio.  The win % of the Downtrends is also increasing as the market continues to punish underperforming equities that have been unable to rise in price consistent with the broader market.

Q: EUBK seems not moving up at all.  Should I bail or hold EUBK ?

-Violet

Blog Post 3A: Hello Violet,
The SmarTrend system currently shows EUBK in an UPTREND which was called on 3/26/09 at $0.81.  The stock will remain in this UPTREND until SmarTrend’s technical indicators determine a change in trend direction.  As of today’s recent price, the trend on EUBK has returned 142%.  Please find below a one-year chart for EUBK, including all SmarTrend trend calls on the stock.  You can signup for a free trial on our website (www.mysmartrend.com), add EUBK to your Watchlist, and be alerted via email the moment SmarTrend determines a trend change.

Q: I am considering your software but had a few questions before I move forward. If I am not following particular companies, will I have the capability to either receive email alerts on all stocks with trends for that day or is there somewhere in the site where you can view daily trends for all stocks, not just those on a watch-list or portfolio?

Thanks a lot,

Bryan

A:Hello Bryan,
Thanks for your email.  In order to receive trend alerts via email, you must add the company(ies) to your Watchlist.  You can view all trend alerts for the past week via the “SmarTrend Alerts” tab within the paid product (see attached screenshot). If you would like to see all alerts on a particular stock during a certain time period, you can go to the company’s chart within the product, manipulate the time period and see all UPTREND and DOWNTREND alerts represented as up/down arrows on the charts.  You can signup for a free 14-day trial on our website, www.mysmartrend.com.  Please reply to this post if you have any further questions.

Q: What are thoughts on MoneyGram (MGI)? Can SmarTrend subscribers receive text alerts of stocks on their Watchlist?

Thanks.

A: Hello,
Thanks for your email.  SmarTrend issued an UPTREND on MGI on 8/8/08 at $1.59 and as of today’s recent price, the trend on MGI has returned 68.6%. The stock will remain in this UPTREND until our technical indicators determine a trend change has occurred.  While the average trend length is around 28 days, there are several cases where they can last anywhere from a few days to over a year (as in this case).  I suggest you signup for a free trial of the  SmarTrend system (www.mysmartrend.com/shop.asp) so you can add MGI to your Watchlist and be notified via email the moment it changes trend direction.

SmarTrend subscribers can receive alerts via email the moment trend changes occur for all stocks on their Watchlist.  You have the ability to receive email alerts in either HTML or text format when you signup

Q: How do you explain AIG’s movement and how much longer/higher can this go on?

-Carrie

A: Carrie,
Thanks for your email. SmarTrend issued an UPTREND on AIG on 8/6/09 at $25.35 and as of today’s recent price, the trend on AIG has returned 116.9%.  The stock will remain in this UPTREND until our technical indicators determine a trend change has occurred.  While the average trend length is around 28 days, there are several cases where they can last anywhere from a few days to several months.  I suggest you signup for a free trial of the SmarTrend system (www.mysmartrend.com/shop.asp) so you can add AIG to your Watchlist and be notified via email the moment it changes trend direction.  See attached a 6-month chart of AIG, including SmarTrend’s trend calls on the stock.