What
is a Signal?
In trading or investing terms, a "Signal" is
an opportunity point - a place on a chart where the psychology
of the market favors a move, up or down in one way or
the other. Any time you buy or sell from information,
whether it be a news report on CNBC, a tip from Uncle
Ned, or a chart pattern, you are using a "signal".
Of course, on SignalWatch, we are only interested in
signals from Technical Analysis.
What
is Technical Analysis?
Technical Analysis is "the study of market psychology through
the behavior of buyers and sellers as evidenced in price charts."
How
we find GREAT Signals for SignalWatch...
We use OmniTrader to generate all our signals. Why? It's automated.
We simply add the NYSE (and AMEX), NASDAQ, and Industry Group lists
into the software and let it run. OmniTrader generates signals
for the entire list and then ranks then according to the signal
strength. Once this process has been completed, our staff reviews
the signals and posts the top prospects for each market day.
NASDAQ
and NYSE Signals Pages
We
typically post about
10 candidates each
market day on the
NASDAQ and NYSE pages.
These candidates
are selected based
on various criteria,
such as price and
volume patterns,
the volatility of
the stock and historical
performance. The
chart patterns that
help confirm each
stock's potential
are listed below
their charts.
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