Friday, January 18, 2008

Market Summary for 1/17/2008

Markets:

The Markets are on sell signals.

NASDAQ BP: 21%
NYSE BP: 25%

Stock Movement Summary:

Created X: 101 O: 1018
New Signals: Buy - 7, Sell - 106
New Reversals: Up - 136, Down - 185
Broke Double Tops/Bottoms: Tops - 10, Bottoms - 98

Sector Performance Yesterday
S&P Equal Weight: -2.99%

Best Sectors:
Drugs: -1.1%
Restaurants: -0.7%
Biomedics/Genetics: -0.25%



Worst Sectors:
Chemicals: -5.24%
Wall Street: -4.73%
Machinery and Tools: -4.67%
Metals Non Ferrous: -4.64%

Sector Signals: (All sectors are on a P&F BP sell signal except Precious Metals)
None
Healthcare, Drugs, Biomedics/Genetics are all in a column of Xs.


New Stock Signals
Bearish Catapult: ANSW
Bearish Catapult: BKUNA
Bearish Catapult: CHEUY.PK
Bearish Catapult: CYN
Bearish Catapult: HIG
Bearish Catapult: IOSP
Bearish Catapult: MTG
Bearish Catapult: MWA-B
Bearish Catapult: RDN
Bearish Catapult: TDSC
Bearish Catapult: UNP

Of all the bearish signals, I think UNP looks best for a continued downturn.

Thursday, January 17, 2008

Market Summary for 1/16/2008

Markets:

The Markets are on sell signals.

NASDAQ BP: 21%
NYSE BP: 25%

Stock Movement Summary:

Created X: 134 O: 837
New Signals: Buy - 17, Sell - 112
New Reversals: Up - 192, Down - 205
Broke Double Tops/Bottoms: Tops - 17, Bottoms - 109

Sector Performance Yesterday
S&P Equal Weight: +0.19%

Best Sectors:
Retailing: +2.06%
Real Estate: +1.75%
Textiles / Apparel: +1.12%

Worst Sectors:
Steel/Iron: -4.78%
Precious Metals: -4.78%
Metals Non Ferrous: -3.47%

Sector Signals: (All sectors are on a P&F BP sell signal except Precious Metals)
Sell: Oil
Sell: Oil Service
Sell: Utilities

New Stock Signals
Bullish Catapult: MATW
Bullish Catapult: SCC

Bearish Catapult: NVEC
Bearish Catapult: TGE
Bearish Catapult: VE
Bearish Catapult: WGOV
Bearish Catapult: UKF

Wednesday, January 16, 2008

Market Summary for 1/15/2008

Markets:

The Markets are on still on sell signals.

NASDAQ BP: 22%
NYSE BP: 28%

New Signals: Buy - 11, Sell - 65

New Reversals: Up - 72, Down - 298

Broke Tops/Bottoms: Tops - 7, Bottoms - 89

Sector Performance Yesterday
S&P Equal Weight: -2.61%

Best Sectors:
Waste Management: -0.91%
Healthcare: -0.92%
Drugs: -1.38%

Worst Sectors:
Semiconductors: -4.37%
Metals Non Ferrous: -3.90%
Steel/Iron: -3.89%

New Stock Signals
Bearish Catapult: AMG
Bearish Catapult: GABC
Bearish Catapult: HW
Bearish Catapult: KB
Bearish Catapult: MNTG
Bearish Catapult: MPAA.PK
Bearish Catapult: QCCO
Bearish Catapult: SYX

Tuesday, January 15, 2008

Market Summary for 1/14/2008

Markets:

All Markets are on sell signals.
AMEX BP: 40%
NASDAQ BP: 23%
NYSE BP: 29%

New Signals: Buy - 26, Sell - 23

New Reversals: Up - 166, Down - 95

Broke Tops/Bottoms: Tops - 11, Bottoms - 30

Sector Performance Yesterday
S&P Equal Weight: +0.95%

Best Sectors:
Chemicals: +2.97%
Precious Metals: +2.71%
Steel/Iron: +2.71%

Worst Sectors:
Drugs: -0.41%
Household Goods: -0.48%
Gaming: -0.62%


New Stock Signals
Bullish Catapult: RRC
Bearish Catapult: RL
Bearish Catapult: TGI