Saturday, June 7, 2008

Market Summary for June 06, 2008

Markets Snapshot:
NASDAQ BP: 43.07 and is in a column of Xs on a BUY signal
NYSE BP: 49.95 and is in a column of Os on a BUY signal

Created Boxes: X - 186 O - 318
New Signals: Buy - 20 Sell - 43
New Reversals: Up - 103 Down - 185
Broke Double: Tops - 36 Bottoms - 63
New: Highs - 65 Lows - 91

Sector Performance
S&P Equal Weight: -3.25%

Bottom Sectors:
Aerospace Airline: -4.50%
Wall Street: -4.44%
Leisure: -4.17%

Top Sectors:
Precious Metals: 0.85%
Oil: -0.27%
Oil Service: -0.79%

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
Bear Trap Buy Signal: CENX - Century Aluminum Co


Bear Trap Buy Signal: ECA - Encana Corporation


Broke Triple Top: NOV - National-Oilwell, Inc.


Bullish Catapult Signal: GGB - Gerdau S.A.


Bullish Catapult Signal: MFLX - Multi-Fineline Electronix, Inc.



Sell Signals:
Bearish Catapult Signal: DLM - Del Monte Foods Co.


Bearish Catapult Signal: MIDD - the Middleby Corporation


Bearish Catapult Signal: MMM - 3M Company


Bearish Catapult Signal: SONC - Sonic Corporation


Bearish Catapult Signal: STT - State Street Corporation


Broke Triple Bottom: VSE - Verasun Energy


Bull Trap Sell Signal: AP - Ampco-Pittsburgh Corporation



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