Monday, December 1, 2008

Market Summary for November 28, 2008

Markets Snapshot:
NASDAQ BP: 19.90 and is in a column of Xs on a SELL signal
NYSE BP: 26.83 and is in a column of Xs on a SELL signal

Created Boxes: X - 2979 O - 1359
New Signals: Buy - 0 Sell - 0
New Reversals: Up - 230 Down - 81
Broke Double: Tops - 119 Bottoms - 11
New: Highs - 5 Lows - 15

Sector Performance
S&P Equal Weight: 21.57%

Bottom Sectors:
Biomedics and Genetics: 7.89%
Savings and Loans: 9.60%
Foods Beverages and Soap: 10.15%

Top Sectors:
Precious Metals: 41.49%
Steel and Iron: 39.43%
Wall Street: 35.33%

Sector RS Wins vs Market for week:
Machinery and Tools: 5
Wall Street: 5
Precious Metals: 4
Steel and Iron: 4
Media: 4
Metals Non Ferrous: 4
Autos and Parts: 4
Leisure: 4
Building: 4
Business Products: 3
Chemicals: 3
Electronics: 3
Finance: 3
Forest Prods and Paper: 3
Gaming: 3
Household Goods: 3
Insurance: 3
Oil: 3
Restaurants: 3
Retailing: 2
Protection Safety Equipment: 2
Real Estate: 2
Telephone: 2
Semiconductors: 2
Transports - Non Air: 2
Utilities - Electrical: 2
Oil Service: 2
Aerospace Airline: 2
Internet: 2
Computers: 1
Drugs: 1
Banks: 1
Utilities - Gas: 1
Waste Management: 1
Software: 1
Textiles and Apparel: 1
Savings and Loans: 1

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
Bear Trap Buy Signal: AEP - American Electric Power Company, Inc.


Bear Trap Buy Signal: CMED - China Medical Technologies, Inc.


Bear Trap Buy Signal: OGE - Oklahoma Gas & Electric Co


Bear Trap Buy Signal: XIN - Xinyuan Real Estate Co., Ltd.


Bullish Catapult Signal: ADY - American Dairy, Inc.



Sell Signals:
Bearish Catapult Signal: IDT-C - Idt Corporation


Bull Trap Sell Signal: STXS - Stereotaxis Inc.



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