Thursday, September 11, 2008

Market Summary for September 10, 2008

Markets Snapshot:
NASDAQ BP: 38.30 and is in a column of Xs on a BUY signal
NYSE BP: 38.34 and is in a column of Os on a SELL signal

Created Boxes: X - 98 O - 449
New Signals: Buy - 6 Sell - 40
New Reversals: Up - 136 Down - 191
Broke Double: Tops - 16 Bottoms - 78
New: Highs - 11 Lows - 176

Sector Performance
S&P Equal Weight: 0.46%

Bottom Sectors:
Gaming: -1.70%
Savings and Loans: -0.60%
Protection Safety Equipment: -0.22%

Top Sectors:
Steel and Iron: 4.34%
Oil: 3.79%
Metals Non Ferrous: 3.31%

New Signals
No new Exchange signals

Sector Signals:
Sector Sell Signal: Gaming


Sector Sell Signal: Utilities - Electrical



Stock Signals:

Buy Signals:
Bear Trap Buy Signal: CRM - Salesforce.Com, Inc.


Broke Triple Top: AVTR - Avatar Holdings, Inc


Broke Triple Top: TOWN - Towne Bank


Broke Triple Top: UPS - United Parcel Service, Inc.


Bullish Catapult Signal: CSFL - Centerstate Banks of Florida, Inc.



Sell Signals:
Bearish Catapult Signal: AMAT - Applied Materials, Inc.


Bearish Catapult Signal: AMZN - Amazon.Com Inc.


Bearish Catapult Signal: HOLX - Hologic Incorporated


Bearish Catapult Signal: ISRL - Isramco, Inc.


Bull Trap Sell Signal: ASHW - Ashworth, Inc.


Bull Trap Sell Signal: CCL - Carnival Corporation


Bull Trap Sell Signal: CSE - Capitalsource Inc.


Bull Trap Sell Signal: SIVB - SVB Financial Group



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