Friday, May 9, 2008

Market Summary for May 08, 2008

Markets Snapshot:
NASDAQ BP: 41.01 and is in a column of Xs on a BUY signal
NYSE BP: 50.76 and is in a column of Xs on a BUY signal

Created Boxes: X - 188 O - 262
New Signals: Buy - 31 Sell - 47
New Reversals: Up - 57 Down - 239
Broke Double: Tops - 40 Bottoms - 47
New: Highs - 38 Lows - 57

Sector Performance
S&P Equal Weight: 0.24%

Bottom Sectors:
Protection Safety Equipment: -0.61%
Savings and Loans: -0.50%
Retailing: -0.46%

Top Sectors:
Precious Metals: 3.02%
Steel and Iron: 2.97%
Oil Service: 2.20%

New Signals
No new Exchange signals

Sector Signals:
Sector Buy Signal: Steel and Iron



Stock Signals:

Buy Signals:
Bear Trap Buy Signal: EXLP - Universal Compression Partners, L. P.


Bullish Catapult Signal: PWX - Providence and Worcester Railroad



Sell Signals:
Bearish Catapult Signal: FPFC - First Place Financial Corp.


Bearish Catapult Signal: PRU - Prudential Financial, Inc.


Bull Trap Sell Signal: CORE - Core Mark Holding


Bull Trap Sell Signal: MHO - M/I Schottenstein Homes, Inc.


Bull Trap Sell Signal: PDX - Pediatrix Medical Group


Bull Trap Sell Signal: ROMA - Roma Financial Corporation.



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