Thursday, March 27, 2008

Market Summary for March 26, 2008

Markets Snapshot:
NASDAQ BP: 30.49 and is in a column of Xs on a SELL signal
NYSE BP: 35.81 and is in a column of Xs on a SELL signal

Created Boxes: X - 317 O - 76
New Signals: Buy - 55 Sell - 5
New Reversals: Up - 143 Down - 113
Broke Double: Tops - 57 Bottoms - 11
New: Highs - 17 Lows - 28

Sector Performance
S&P Equal Weight: -1.27%

Bottom Sectors:
Building: -2.65%
Wall Street: -2.35%
Gaming: -2.19%

Top Sectors:
Precious Metals: 2.33%
Oil: 2.26%
Oil Service: 2.14%

New Signals
No new Exchange signals

Sector Signals:
Sector Buy Signal: Forest Prods and Paper


Sector Buy Signal: Steel and Iron



Stock Signals:

Buy Signals:
Bear Trap Buy Signal: KYN - Kayne Anderson MLP Investment Co


Bear Trap Buy Signal: RIG - Transocean Inc.


Broke Triple Top: RFI - Cohen & Steers Total Return Realty Fund



Sell Signals:
Bearish Catapult Signal: FAC - First Acceptance Corporation


Bearish Catapult Signal: MTOX - Medtox Scientific, Inc.


Bearish Catapult Signal: VIP - Vimpel-Communications-Sp Adr


Bull Trap Sell Signal: WM - Washington Mutual, Inc.



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