Market Summary for 1/11/2008

Markets:

All Markets are on sell signals.
AMEX BP: 40%
NASDAQ BP: 24%
NYSE BP: 29%

New Signals: Buy - 18, Sell - 39

New Reversals: Up - 134, Down - 178

Broke Tops/Bottoms: Tops - 6, Bottoms - 44

Sector Performance Yesterday
S&P Equal Weight: -1.33%

Best Sectors:
Drugs: +0.19%
Precious Metals: -0.31%
Real Estate: -0.46%%

Worst Sectors:
Transports / Non Air: -1.56%
Banks: -1.46%
Building: -1.46%


New Stock Signals
Broke Triple Top - CHU: China Unicom Ltd.

Market Summary for 1/10/2008

Markets:

All Markets are on sell signals.
AMEX BP: 40%
NASDAQ BP: 24%
NYSE BP: 29%

Signals
Buy - 42, Sell - 34

Reversals
Up - 445, Down - 73

Broke Tops/Bottoms
Broke Double Tops - 7, Broke Double Bottoms - 31

Sector Performance Yesterday
S&P Equal Weight: +1.24%

Best Sectors:
Wall Street: +2.99%
Building: +1.87%
Biomedics/Genetics: +1.79%

Worst Sectors:
Oil Service: -0.44%
Utilities/Electrical: -0.27%
Oil: -0.21%

New Stock Signals
Broke Triple Top - PHX: Panhandle Royalty Company
Broke Triple Top - VIVO: Meridian Diagnostics

Market Summary for 1/9/2008

Markets:


All Markets are on sell signals.
AMEX BP: 41%
NASDAQ BP: 24%
NYSE BP: 29%

Signals
Buy - 12, Sell - 120

Reversals
Up - 78, Down - 279

Broke Tops/Bottoms
Broke Double Tops - 15, Broke Double Bottoms - 129

Sector Performance Yesterday

S&P Equal Weight: +0.96%

Best Sectors:
Gaming: +1.83%
Utilities/Gas: 1.67%
Steel/Iron: +1.66%

Worst Sectors:
Media: -0.49%
Software: -0.46%
Savings & Loans: -0.30%

No New Stock Signals

Market Summary for 1/8/2008

Markets:


All Markets are on sell signals.
AMEX BP: 41%
NASDAQ BP: 26%
NYSE BP: 32%

Signals
Buy - 14, Sell - 86

Reversals
Up - 206, Down - 139

Broke Tops/Bottoms
Broke Double Tops - 10, Broke Double Bottoms - 104

Sector Performance Yesterday

S&P Equal Weight: -2.26%

Best Sectors:
Precious Metals: 1.64%
Drugs: 1.15%
Biomedics/Genetics: .29%

Worst Sectors:
Restaurants: -3.38%
Machinery and Tools: -3.2%
Wall Street: -3.17%

No New Stock Signals

Market Summary for 1/7/2008

Markets:


New Signals
Buy - 8, Sell - 102

Reversals
Up - 96, Down - 175

Broke Tops/Bottoms
Broke Double Tops - 11, Broke Double Bottoms - 123


New Stock Signals:

None

Welcome to Point and Figure Signals

Welcome to my view of the stock market. My goal is to provide a snapshot of the stock market based on what I am seeing happen in my Point and Figure (P&F) Charting. I have created my own system that covers most stocks above $5 on the NYSE, AMEX, and NASDAQ exchanges. Every night, I process those stocks and sort through charts to find signals that have happened during the day. I also look at the overall trends to find which way the stocks are headed. Instead of keeping all this wonderful data to myself, I am sharing it with you in an effort to enhance your total view of the markets.

However good my signals might be, you need to complete your homework by doing whatever technical or fundamental analysis you do to make your own decisions.

I'll post a summary of the markets for the previous day and share any important individual signals I see such as a stock breaking 90 (they usually go to 100) and broke triple tops or bottoms.

Enjoy!