Look What Just Climbed Into the TradeSmith Green Zone
BY MIKE BURNICK, SENIOR ANALYST, TRADESMITH Well, that was quick. The S&P 500, Dow, and Nasdaq 100 have all triggered fresh entry signals here in May, including new Bullseye signals for all three indexes. It’s the fastest move between bear market and bull market signals (at 25 trading days) since COVID triggered a market crash in 2020, with a subsequently quick recovery. And it means that these three widely followed stock indexes are back in a healthy state. It’s worth noting, though, that the S&P 500, for example, still has only 32.6% of its component stocks in the health indicator Green Zone. (Another 2.59% are yellow.) The majority of tickers, at 64.81%, remain in the health indicator Red Zone and are stopped out: 
And this spells an opportunity for members who closely follow our TradeSmith Alerts Report, as I do. | Recommended Link | | | | A top tech expert warns: “there’s perhaps a few hundred people in the world who realize what’s about to hit us.” Eric Fry is one of them… and he’s started a 1,000 day countdown to prepare for its launch. Click here for 3 steps to take today. |  | | Our Alerts Report highlights individual stocks with changes in health status. For example, you can see below that both HCA Healthcare (HCA) and Intuitive Surgical (ISRG) triggered new entry signals last week, moving into the health indicator Green Zone. Also, Hertz Global Holdings (HTZ) was upgraded from the Yellow Zone to the Green Zone: 
The Alerts Report is a great source for new trade ideas. Stocks with new entry signals can potentially be used to put some of your idle cash to work. And stocks moving from the Yellow Zone back into the Green Zone often prove to be good buy-the-dip possibilities. To be notified of these changes, you can set up alerts on your own TradeSmith account by clicking on your user tab, then Settings, and navigating to Alerts. 
You can set alerts for any assets in your saved Investment Portfolios, Watch Only Portfolios, Newsletter recommendations, Billionaires Club, My Baskets, or TradeSmith Basket holdings. 
Under System Alerts, simply choose the Alert Type you want emailed to you from the menu at left including Entry Signal, Early Entry Signal, Health Indicator, Green Zone, etc. You could also set the frequency you get alerts under Alerts Consolidation by selecting either Grouped reports or Individual notifications. With TradeSmith Alerts set, you’ll never miss another important market or individual stock signal. If you have any of our TradeSmith subscriptions, you likely already have some of our Market Health data in your TradeSmith Finance dashboard. If not, you’ll want to check out TradeStops Plus – which will also let you gauge the health of specific stocks you’re watching, much like I’ve outlined here today, along with the major indexes. Good investing, 
Mike Burnick
Senior Analyst, TradeSmith | 
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