Thursday, August 14, 2008

Market Summary for August 13, 2008

Markets Snapshot:
NASDAQ BP: 40.81 and is in a column of Xs on a BUY signal
NYSE BP: 41.55 and is in a column of Xs on a SELL signal

Created Boxes: X - 290 O - 206
New Signals: Buy - 50 Sell - 26
New Reversals: Up - 175 Down - 250
Broke Double: Tops - 50 Bottoms - 32
New: Highs - 26 Lows - 35

Sector Performance
S&P Equal Weight: -0.55%

Bottom Sectors:
Gaming: -2.90%
Restaurants: -2.56%
Savings and Loans: -1.61%

Top Sectors:
Precious Metals: 4.74%
Oil: 3.73%
Metals Non Ferrous: 3.70%

New Signals
No new Exchange signals

Sector Signals:
Sector Sell Signal: Wall Street



Stock Signals:

Buy Signals:
Broke Triple Top: AXYS - Axsys Technologies Inc.



Sell Signals:
Bull Trap Sell Signal: DKS - Dick's Sporting Goods, Inc.


Bull Trap Sell Signal: KMX - Carmax Group


Bull Trap Sell Signal: TIF - Tiffany & Co.



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