Wednesday, May 21, 2008

Market Summary for May 16, 2008

Markets Snapshot:
NASDAQ BP: 42.55 and is in a column of Xs on a BUY signal
NYSE BP: 53.65 and is in a column of Xs on a BUY signal

Created Boxes: X - 397 O - 109
New Signals: Buy - 34 Sell - 13
New Reversals: Up - 139 Down - 71
Broke Double: Tops - 61 Bottoms - 15
New: Highs - 104 Lows - 33

Sector Performance
S&P Equal Weight: -0.05%

Bottom Sectors:
Retailing: -1.43%
Restaurants: -1.33%
Textiles and Apparel: -1.24%

Top Sectors:
Media: 11.21%
Precious Metals: 3.38%
Oil: 2.24%

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
Bear Trap Buy Signal: TSBK - Timberland Bancorp, Inc.


Broke Triple Top: OSTK - Overstock.Com, Inc.


Bullish Catapult Signal: ATLKY.PK - Atlas Copco AB


Bullish Catapult Signal: FTI - FMC Technologies, Inc.


Bullish Catapult Signal: HAL - Halliburton Company


Bullish Catapult Signal: ITY - Imperial Tobacco Group-Adr


Bullish Catapult Signal: JOYG - Joy Global Inc.


Bullish Catapult Signal: MCF - Contango Oil & Gas Company



Sell Signals:
Bearish Catapult Signal: UTMD - Utah Medical Products Inc


Bull Trap Sell Signal: BHS - Brookfield Homes Corporation



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