Friday, May 16, 2008

Market Summary for May 13, 2008

Markets Snapshot:
NASDAQ BP: 41.35 and is in a column of Xs on a BUY signal
NYSE BP: 51.49 and is in a column of Xs on a BUY signal

Created Boxes: X - 323 O - 114
New Signals: Buy - 34 Sell - 16
New Reversals: Up - 159 Down - 62
Broke Double: Tops - 57 Bottoms - 25
New: Highs - 75 Lows - 37

Sector Performance
S&P Equal Weight: 0.17%

Bottom Sectors:
Precious Metals: -0.85%
Wall Street: -0.83%
Banks: -0.64%

Top Sectors:
Building: 2.12%
Oil Service: 1.56%
Metals Non Ferrous: 1.54%

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
Bear Trap Buy Signal: DELL - Dell Inc.


Broke Triple Top: ENS - Enersys


Broke Triple Top: FWLT - Foster Wheeler LTD.


Bullish Catapult Signal: EMR - Emerson Electric Co.


Bullish Catapult Signal: FRO - Frontline LTD


Bullish Catapult Signal: NRT - North European Oil Royalty TR


Bullish Catapult Signal: SJT - San Juan Basin Royalty Trust



Sell Signals:
Bearish Catapult Signal: SSG - ProShares - UltraShort Semiconductors


Broke Triple Bottom: CBAN - Colony Bankcorp, Inc.



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