Wednesday, May 7, 2008

Market Summary for May 05, 2008

Markets Snapshot:
NASDAQ BP: 40.51 and is in a column of Xs on a BUY signal
NYSE BP: 48.79 and is in a column of Xs on a BUY signal

Created Boxes: X - 246 O - 104
New Signals: Buy - 25 Sell - 20
New Reversals: Up - 110 Down - 155
Broke Double: Tops - 37 Bottoms - 21
New: Highs - 35 Lows - 29

Sector Performance
S&P Equal Weight: -0.58%

Bottom Sectors:
Gaming: -1.78%
Retailing: -1.59%
Protection Safety Equipment: -1.29%

Top Sectors:
Metals Non Ferrous: 2.29%
Precious Metals: 2.24%
Steel and Iron: 2.01%

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
Bear Trap Buy Signal: ATLS - Atlas America, Inc.


Bullish Catapult Signal: JRCC - James River Coal Company



Sell Signals:
Bearish Catapult Signal: ADVS - Advent Software Inc


Bearish Catapult Signal: GVP - Gse Systems, Inc.


Bull Trap Sell Signal: CBEY - Cbeyond Communications, Inc.


Bull Trap Sell Signal: WBSN - Websense, Inc.



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