Tuesday, August 26, 2008

Market Summary for August 25, 2008

Markets Snapshot:
NASDAQ BP: 40.98 and is in a column of Xs on a BUY signal
NYSE BP: 42.59 and is in a column of Xs on a SELL signal

Created Boxes: X - 61 O - 244
New Signals: Buy - 4 Sell - 22
New Reversals: Up - 44 Down - 179
Broke Double: Tops - 6 Bottoms - 33
New: Highs - 8 Lows - 52

Sector Performance
S&P Equal Weight: -2.02%

Bottom Sectors:
Biomedics and Genetics: -3.34%
Steel and Iron: -3.29%
Gaming: -3.21%

Top Sectors:
Utilities - Gas: -0.63%
Drugs: -0.94%
Oil Service: -1.02%

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
None

Sell Signals:
Bearish Catapult Signal: NMR - Nomura Holdings, Inc.


Bearish Catapult Signal: UWBK - United Western Bancorp, Inc.


Bull Trap Sell Signal: CSFL - Centerstate Banks of Florida, Inc.


Bull Trap Sell Signal: KRO - Kronos Worldwide, Inc.


Bull Trap Sell Signal: LAMR - Lamar Advertising Company


Bull Trap Sell Signal: SCBT - SCBT Financial Corporation



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