Saturday, May 24, 2008

Market Summary for May 23, 2008

Markets Snapshot:
NASDAQ BP: 41.82 and is in a column of Xs on a BUY signal
NYSE BP: 50.81 and is in a column of Xs on a BUY signal

Created Boxes: X - 78 O - 420
New Signals: Buy - 9 Sell - 57
New Reversals: Up - 39 Down - 208
Broke Double: Tops - 17 Bottoms - 74
New: Highs - 11 Lows - 62

Sector Performance
S&P Equal Weight: -1.38%

Bottom Sectors:
Leisure: -1.85%
Steel and Iron: -1.81%
Metals Non Ferrous: -1.78%

Top Sectors:
Semiconductors: -0.10%
Telephone: -0.31%
Real Estate: -0.43%

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
Bear Trap Buy Signal: KO - the Coca-Cola Company


Bear Trap Buy Signal: RURL - Rural/Metro Corporation



Sell Signals:
Bearish Catapult Signal: HUGH - Hughes Communications, Inc.


Bearish Catapult Signal: FDX - Fedex Corporation


Broke Triple Bottom: JBLU - Jetblue Airways Corporation


Bull Trap Sell Signal: KNXA - Kenexa Corporation



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