Sunday, June 1, 2008

Market Summary for May 28, 2008

Markets Snapshot:
NASDAQ BP: 42.06 and is in a column of Xs on a BUY signal
NYSE BP: 49.54 and is in a column of Os on a BUY signal

Created Boxes: X - 188 O - 206
New Signals: Buy - 18 Sell - 27
New Reversals: Up - 165 Down - 81
Broke Double: Tops - 34 Bottoms - 37
New: Highs - 35 Lows - 51

Sector Performance
S&P Equal Weight: 0.56%

Bottom Sectors:
Biomedics and Genetics: -2.42%
Savings and Loans: -1.01%
Wall Street: -0.76%

Top Sectors:
Chemicals: 2.81%
Textiles and Apparel: 2.17%
Waste Management: 1.94%

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
Bear Trap Buy Signal: IMCL - Imclone Systems Incorporated


Bear Trap Buy Signal: SXI - Standex International Corp


Bear Trap Buy Signal: ACI - Arch Coal Inc.


Bullish Catapult Signal: AMSC - American Superconductor Corp


Bullish Catapult Signal: LTM - Life Time Fitness, Inc.



Sell Signals:
Bearish Catapult Signal: CTO - Consolidated Tomoka Land Company


Bull Trap Sell Signal: DGT - SPDR DJ Global Titans


Bull Trap Sell Signal: ETM - Entercon Communications Corporation



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