Wednesday, May 21, 2008

Market Summary for May 20, 2008

Markets Snapshot:
NASDAQ BP: 43.09 and is in a column of Xs on a BUY signal
NYSE BP: 54.46 and is in a column of Xs on a BUY signal

Created Boxes: X - 166 O - 186
New Signals: Buy - 14 Sell - 29
New Reversals: Up - 56 Down - 196
Broke Double: Tops - 22 Bottoms - 37
New: Highs - 54 Lows - 44

Sector Performance
S&P Equal Weight: -0.93%

Bottom Sectors:
Media: -11.26%
Steel and Iron: -4.00%
Restaurants: -1.70%

Top Sectors:
Precious Metals: 1.65%
Oil: 1.33%
Oil Service: 0.81%

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
Broke Triple Top: ENA - Enova Systems, Inc.


Broke Triple Top: MRTN - Marten Transport, LTD.


Bullish Catapult Signal: CEPH - Cephalon, Inc.


Breaking 90: WLL - Whiting Petroleum Corporation



Sell Signals:
Broke Triple Bottom: IIT - Perusahaan Indar Sat Adr


Bull Trap Sell Signal: AMKR - Amkor Technology, Inc.


Bull Trap Sell Signal: LEN-B - Lennar Corporation


Bull Trap Sell Signal: RVBD - Riverbed Technology, Inc.



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