Thursday, April 10, 2008

Market Summary for April 08, 2008

Markets Snapshot:
NASDAQ BP: 35.69 and is in a column of Xs on a BUY signal
NYSE BP: 46.13 and is in a column of Xs on a BUY signal

Created Boxes: X - 167 O - 101
New Signals: Buy - 13 Sell - 12
New Reversals: Up - 45 Down - 176
Broke Double: Tops - 18 Bottoms - 24
New: Highs - 25 Lows - 25

Sector Performance
S&P Equal Weight: -0.65%

Bottom Sectors:
Semiconductors: -1.50%
Insurance: -1.25%
Savings and Loans: -1.00%

Top Sectors:
Metals Non Ferrous: 1.80%
Steel and Iron: 0.92%
Oil: 0.80%

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
Bear Trap Buy Signal: SONS - Sonus Networks, Inc.


Bear Trap Buy Signal: SWX - Southwest Gas Corp


Bear Trap Buy Signal: WRES - Warren Resources Inc.



Sell Signals:
Bearish Catapult Signal: NOIZ - Micronetics Wireless, Inc.


Bull Trap Sell Signal: DGICA - Donegal Group Inc.


Bull Trap Sell Signal: JDAS - Jda Software Group, Inc.



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