Monday, February 11, 2008

Market Summary for February 11, 2008

Markets Snapshot:
NASDAQ BP:25.34 and is in a column of Xs on a SELL signal
NYSE BP:30.70 and is in a column of Xs on a SELL signal

Created Boxes: X - 232 O - 300
New Signals: Buy - 40 Sell - 23
New Reversals: Up - 143 Down - 137
Broke Double: Tops - 47 Bottoms - 54

Sector Performance Yesterday
S&P Equal Weight: 0.74%

Bottom Sectors:
Insurance: -1.53%
Savings and Loans: -1.30%
Steel and Iron: -1.25%

Top Sectors:
Semiconductors: 2.18%
Oil: 2.03%
Chemicals: 1.68%

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
Bear Trap Buy Signal: LNN


Bullish Catapult Signal: XME



Sell Signals:
Bearish Catapult Signal: CVH


Bearish Catapult Signal: LAVA


Bull Trap Sell Signal: GRNB


Bull Trap Sell Signal: VLY


Bull Trap Sell Signal: EUM



1 comment:

Greatsong said...

Very interesting. I will keep reading your blog from now. By the way,you play these stocks as a daytrader or swingtrader? Also, what's your success rate by using this system? Thanks.