Saturday, August 16, 2008

Market Summary for August 15, 2008

Markets Snapshot:
NASDAQ BP: 42.47 and is in a column of Xs on a BUY signal
NYSE BP: 42.87 and is in a column of Xs on a SELL signal

Created Boxes: X - 452 O - 125
New Signals: Buy - 42 Sell - 14
New Reversals: Up - 148 Down - 141
Broke Double: Tops - 62 Bottoms - 20
New: Highs - 37 Lows - 36

Sector Performance
S&P Equal Weight: 0.78%

Bottom Sectors:
Precious Metals: -3.28%
Steel and Iron: -2.82%
Oil: -2.22%

Top Sectors:
Retailing: 1.41%
Savings and Loans: 1.21%
Aerospace Airline: 1.11%

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
Bear Trap Buy Signal: CERS - Cerus Corp.


Bullish Catapult Signal: MCCC - Mediacom Communications Corporation


Bullish Catapult Signal: HSC - Harsco Corp



Sell Signals:
Bearish Catapult Signal: NADX - National Dentex Corp



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