Thursday, February 21, 2008

Market Summary for February 20, 2008

Markets Snapshot:
NASDAQ BP: 28.23 and is in a column of Xs on a SELL signal
NYSE BP: 35.30 and is in a column of Xs on a SELL signal

Created Boxes: X - 229 O - 243
New Signals: Buy - 37 Sell - 31
New Reversals: Up - 87 Down - 164
Broke Double: Tops - 52 Bottoms - 44
New: Highs - 26 Lows - 54

Sector Performance Yesterday
S&P Equal Weight: 1.16%

Bottom Sectors:
Biomedics and Genetics: -1.07%
Drugs: -0.45%

Top Sectors:
Precious Metals: 2.24%
Wall Street: 2.02%
Forest Prods and Paper: 1.86%
Building: 1.81%

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
Bear Trap Buy Signal: LRCX


Bear Trap Buy Signal: TGP


Broke Triple Top: MT



Sell Signals:
Bearish Catapult Signal: SINT


Bull Trap Sell Signal: MC


Bull Trap Sell Signal: EML


Bull Trap Sell Signal: BRP



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