Wednesday, June 11, 2008

Market Summary for June 10, 2008

Markets Snapshot:
NASDAQ BP: 41.12 and is in a column of Xs on a BUY signal
NYSE BP: 46.93 and is in a column of Os on a BUY signal

Created Boxes: X - 76 O - 496
New Signals: Buy - 12 Sell - 66
New Reversals: Up - 40 Down - 266
Broke Double: Tops - 13 Bottoms - 96
New: Highs - 19 Lows - 116

Sector Performance
S&P Equal Weight: -0.40%

Bottom Sectors:
Precious Metals: -3.86%
Steel and Iron: -2.99%
Metals Non Ferrous: -2.49%

Top Sectors:
Restaurants: 0.85%
Wall Street: 0.71%
Insurance: 0.61%

New Signals
No new Exchange signals

Sector Signals:
Sector Sell Signal: Savings and Loans



Stock Signals:

Buy Signals:
None

Sell Signals:
Bearish Catapult Signal: CBBO - Columbia Bancorp


Bearish Catapult Signal: GSH - Guangshen Railway Company Limited


Broke Triple Bottom: SNIC - Sonic Solutions


Bull Trap Sell Signal: HCH - CP Holdrs


Bull Trap Sell Signal: LUX - Luxottica Group S.P.A. Adr


Bull Trap Sell Signal: BHI - Baker Hughes Incorporated



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