Friday, May 23, 2008

Market Summary for May 21, 2008

Markets Snapshot:
NASDAQ BP: 42.82 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 - 277 O - 326
New Signals: Buy - 20 Sell - 45
New Reversals: Up - 94 Down - 221
Broke Double: Tops - 37 Bottoms - 65
New: Highs - 96 Lows - 68

Sector Performance
S&P Equal Weight: -1.70%

Bottom Sectors:
Wall Street: -3.16%
Aerospace Airline: -3.12%
Restaurants: -2.97%

Top Sectors:
Oil Service: 0.07%
Utilities - Gas: 0.02%
Utilities - Electrical: 0.02%

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
Bear Trap Buy Signal: GTIV - Gentiva Health Services, Inc.


Bear Trap Buy Signal: NLCI - Nobel Learning Communities Inc.


Bullish Catapult Signal: FE - Firstenergy Corp.


Bullish Catapult Signal: HUM - Humana Inc.


Bullish Catapult Signal: WLP - Wellpoint, Inc.


Bullish Catapult Signal: XIDE - Exide Technologies



Sell Signals:
Bearish Catapult Signal: AEPI - Aep Industries Inc.


Bearish Catapult Signal: GSBC - Great Southern Bancorp


Broke Triple Bottom: STT - State Street Corporation


Bull Trap Sell Signal: LMIA - Lmi Aerospace Inc.


Bull Trap Sell Signal: MGM - MGM Mirage Inc.


Bull Trap Sell Signal: MHP - the McGraw-hill Companies, Inc.


Bull Trap Sell Signal: PETD - Petroleum Development Corporation



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