Friday, August 22, 2008

Market Summary for August 21, 2008

Markets Snapshot:
NASDAQ BP: 41.04 and is in a column of Xs on a BUY signal
NYSE BP: 42.64 and is in a column of Xs on a SELL signal

Created Boxes: X - 225 O - 272
New Signals: Buy - 41 Sell - 28
New Reversals: Up - 94 Down - 152
Broke Double: Tops - 47 Bottoms - 44
New: Highs - 9 Lows - 48

Sector Performance
S&P Equal Weight: 0.02%

Bottom Sectors:
Savings and Loans: -1.52%
Software: -1.28%
Biomedics and Genetics: -1.10%

Top Sectors:
Precious Metals: 5.03%
Oil: 2.23%
Oil Service: 1.67%

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
Bear Trap Buy Signal: CTRN - Citi Trends, Inc.


Bear Trap Buy Signal: PBT - Permian Basin Royalty Trust



Sell Signals:
Bearish Catapult Signal: AIXD - Access Integrated Technologies, Inc.


Bearish Catapult Signal: BFS - Saul Centers Incorporated


Bearish Catapult Signal: KFN - KKR Financial Corp.


Bull Trap Sell Signal: EAT - Brinker International Inc


Bull Trap Sell Signal: SSI - Stage Stores, Inc.



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