Friday, May 9, 2008

Market Summary for May 07, 2008

Markets Snapshot:
NASDAQ BP: 41.50 and is in a column of Xs on a BUY signal
NYSE BP: 51.21 and is in a column of Xs on a BUY signal

Created Boxes: X - 314 O - 190
New Signals: Buy - 39 Sell - 25
New Reversals: Up - 121 Down - 198
Broke Double: Tops - 50 Bottoms - 32
New: Highs - 56 Lows - 52

Sector Performance
S&P Equal Weight: -1.82%

Bottom Sectors:
Savings and Loans: -3.10%
Wall Street: -3.10%
Gaming: -2.93%

Top Sectors:
Steel and Iron: -0.12%
Protection Safety Equipment: -0.30%
Utilities - Gas: -0.32%

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
Bear Trap Buy Signal: FRE - Freddie Mac


Bullish Catapult Signal: XOP - SPDR S&P Oil & Gas Exploration & Prod



Sell Signals:
Bearish Catapult Signal: WTR - Aqua America Inc.


Broke Triple Bottom: PATR - Patriot Transportation Holding, Inc.


Bull Trap Sell Signal: AVB - Avalonbay Communities, Inc.


Bull Trap Sell Signal: IESC - Integrated Electrical Services, Inc


Bull Trap Sell Signal: NUVA - Nuvasive, Inc.


Bull Trap Sell Signal: VWSYF.PK - Vestas Wind Systems A/S



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