Wednesday, September 24, 2008

Market Summary for September 24, 2008

Markets Snapshot:
NASDAQ BP: 43.05 and is in a column of Xs on a BUY signal
NYSE BP: 46.27 and is in a column of Xs on a BUY signal

Created Boxes: X - 75 O - 679
New Signals: Buy - 12 Sell - 69
New Reversals: Up - 125 Down - 266
Broke Double: Tops - 8 Bottoms - 80
New: Highs - 5 Lows - 80

Sector Performance
S&P Equal Weight: -0.34%

Bottom Sectors:
Machinery and Tools: -2.29%
Restaurants: -2.09%
Autos and Parts: -2.07%

Top Sectors:
Semiconductors: 0.59%
Biomedics and Genetics: 0.13%
Wall Street: 0.11%

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
Broke Triple Top: EBS - Emergent Biosolutions, Inc.



Sell Signals:
Bearish Catapult Signal: MRX - Medicis Pharmaceutical Corporation


Broke Triple Bottom: TYC - Tyco International LTD.


Bull Trap Sell Signal: ARGN - Amerigon Inc. CL A


Bull Trap Sell Signal: LII - Lennox International Inc.


Bull Trap Sell Signal: OSTK - Overstock.Com, Inc.


Bull Trap Sell Signal: PHIIK - Phi Inc.


Bull Trap Sell Signal: RRGB - Red Robin Gourmet Burgers


Bull Trap Sell Signal: RZG - Rydex - S&P Smallcap 600 Pure Growth


Bull Trap Sell Signal: SCSC - Scansource, Inc.



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