Friday, August 15, 2008

Market Summary for August 14, 2008

Markets Snapshot:
NASDAQ BP: 41.96 and is in a column of Xs on a BUY signal
NYSE BP: 42.21 and is in a column of Xs on a SELL signal

Created Boxes: X - 318 O - 93
New Signals: Buy - 48 Sell - 8
New Reversals: Up - 164 Down - 83
Broke Double: Tops - 66 Bottoms - 15
New: Highs - 25 Lows - 24

Sector Performance
S&P Equal Weight: 1.16%

Bottom Sectors:
Precious Metals: -1.83%
Oil: -0.86%
Utilities - Electrical: -0.66%

Top Sectors:
Gaming: 4.75%
Restaurants: 2.13%
Wall Street: 1.94%

New Signals
No new Exchange signals

Sector Signals:
Sector Buy Signal: Internet



Stock Signals:

Buy Signals:
Bear Trap Buy Signal: MSB - Mesabi Trust


Bullish Catapult Signal: MED - Medifast, Inc.


Bullish Catapult Signal: VLGEA - Village Super Market, Inc.



Sell Signals:
Bearish Catapult Signal: MYD - Muniyield Fund Inc


Bearish Catapult Signal: RICK - Rick's Cabaret International, Inc.


Bull Trap Sell Signal: GSOL - Global Sources LTD.


Bull Trap Sell Signal: NCS - Nci Building Systems Inc


Bull Trap Sell Signal: TWTUF.PK - Timberwest Forest Corp.



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