Thursday, August 14, 2008

Market Summary for August 12, 2008

Markets Snapshot:
NASDAQ BP: 40.21 and is in a column of Xs on a BUY signal
NYSE BP: 41.34 and is in a column of Xs on a SELL signal

Created Boxes: X - 294 O - 113
New Signals: Buy - 39 Sell - 21
New Reversals: Up - 140 Down - 168
Broke Double: Tops - 49 Bottoms - 20
New: Highs - 24 Lows - 37

Sector Performance
S&P Equal Weight: -1.50%

Bottom Sectors:
Wall Street: -4.20%
Textiles and Apparel: -1.90%
Savings and Loans: -1.85%

Top Sectors:
Precious Metals: 0.88%
Metals Non Ferrous: 0.27%
Foods Beverages and Soap: 0.21%

New Signals
No new Exchange signals

Sector Signals:
Sector Buy Signal: Aerospace Airline


Sector Buy Signal: Gaming



Stock Signals:

Buy Signals:
Bear Trap Buy Signal: NADX - National Dentex Corp


Bear Trap Buy Signal: SPWR - Sunpower Corporation


Broke Triple Top: GHM - Graham Corporation


Broke Triple Top: GSOL - Global Sources LTD.


Bullish Catapult Signal: BBOX - Black Box Corporation


Bullish Catapult Signal: BLK - Blackrock, Inc.


Bullish Catapult Signal: PEBO - Peoples Bancorp Inc.


Bullish Catapult Signal: Y - Alleghany Corp



Sell Signals:
Bearish Catapult Signal: PNBK - Patriot National Bancorp, Inc.


Bearish Catapult Signal: TRU - Torch Energy Royalty Trust


Bull Trap Sell Signal: CSH - Cash America International, Inc.


Bull Trap Sell Signal: SF - Stifel Financial Corp



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