Market Summary for 2/1/2008

Markets Snapshot:
NASDAQ BP:25.57 and is in a column of Xs on a SELL signal
NYSE BP:32.63 and is in a column of Xs on a SELL signal

Stock Movement Summary:
Created Boxes: X - 853 O - 66
New Signals: Buy - 152 Sell - 9
New Reversals: Up - 511 Down - 86
Broke Double: Tops - 50 Bottoms - 0

Sector Performance Yesterday
S&P Equal Weight: 2.05%

Bottom Sectors:
Internet: -1.21%
Utilities /Gas: 0.68%
Gaming: 0.93%

Top Sectors:
Metals Non Ferrous: 4.43%
Semiconductors: 3.32%
Building: 2.94%
Machinery and Tools: 2.82%

Sector Signals:
Sector Buy Signal: Banks


Sector Buy Signal: Metals Non Ferrous


Sector Buy Signal: Retailing


New Stock Signals
Bearish Catapult Signal: CWCO


Bullish Catapult Signal: BDK


Bullish Catapult Signal: ZUMZ

Market Summary for 1/31/2008

Markets Snapshot:

NASDAQ BP: 22% in Xs on Sell Signal
NYSE BP: 28% in Xs on Sell Signal

Stock Movement Summary:

Created X: 637 O: 258
New Signals: Buy - 93, Sell - 31
New Reversals: Up - 208, Down - 295
Broke Double Tops/Bottoms: Tops - 56, Bottoms - 34

Nice rally off the lows almost all of the way to the end. The BPs notched another percent each for the markets and the NASDAQ seems to be participating more than in previous days.


Sector Performance Yesterday
S&P Equal Weight: +2.07%

Best Sectors:
Savings & Loans: +4.71%
Retailing: +4.06%
Restaurants: +4.05%

Worst Sectors:
Oil Service: -0.71%
Precious Metals: -0.46%
Biomedics/Genetics: +0.40%

Sector Signals:
BUY: Gaming
BUY: Transports

New Stock Signals
Bullish Catapult: SRCE

Bearish Catapult: CVD
Bearish Catapult: DWSN
Bearish Catapult: PFBI
Bearish Catapult: SIRF

Market Summary for 1/30/2008

Markets Snapshot:

NASDAQ BP: 21% in Xs on Sell Signal
NYSE BP: 27% in Xs on Sell Signal

Stock Movement Summary:

Created X: 678 O: 148
New Signals: Buy - 100, Sell - 15
New Reversals: Up - 258, Down - 149
Broke Double Tops/Bottoms: Tops - 58, Bottoms - 23

The ratios of up to down signals was pretty convincing even though the markets were mixed. However, the markets dropped significantly from their highs at the end of the day. We could see some downward signals tomorrow from these stocks swinging like this.

Sector Performance Yesterday
S&P Equal Weight: -0.61%

Best Sectors:
Transports / Non Air: +0.83%
Precious Metals: +0.76%
Steel/Iron: 0.64%

Worst Sectors:
Building: -1.85%
Restaurants: -1.70%
Wall Street: -1.63%

Sector Signals:
BUY: Building

New Stock Signals
Bullish Catapult: ESI
Bullish Catapult: MER
Bullish Catapult: PVTB
Bullish Catapult: SPG
Bullish Catapult: STI

Bearish Catapult: OMRI

Market Summary for 1/29/2008

Markets Snapshot:

The markets continued their move higher and the NASDAQ has now reversed up into Xs.


NASDAQ BP: 20%
NYSE BP: 24%

Stock Movement Summary:

Created X: 516 O: 66
New Signals: Buy - 74, Sell - 9
New Reversals: Up - 377, Down - 85
Broke Double Tops/Bottoms: Tops - 85, Bottoms - 18

Definitely a positive day with some carryover signals from Monday.

Sector Performance Yesterday
S&P Equal Weight: +0.97%

Best Sectors:
Transports / Non Air: +1.97%
Forest Prods/Paper: +1.93%
Building: +1.75%

Worst Sectors:
Internet: -1.06%
Real Estate: -0.51%
Restaurants: -0.49

Sector Signals:
BUY: Savings & Loan
BUY: Steel/Iron

New Stock Signals
Bullish Catapult: PRK
Bearish Catapult: CCU
Bearish Catapult: ERTS

Market Summary for 1/28/2008

Markets Snapshot:

The markets continued their move higher, but the NASDAQ is still in Os. It will only take less than half a percent of stocks to move to Xs.


NASDAQ BP: 19%
NYSE BP: 22%

Stock Movement Summary:

Created X: 297 O: 135
New Signals: Buy - 29, Sell - 9
New Reversals: Up - 166, Down - 327
Broke Double Tops/Bottoms: Tops - 6, Bottoms - 7

Although the day ended higher, the day still shows somewhat mixed results as evident by the 2:1 of reversals down to up. It doesn't look like all of the stocks were convinced of the need to go higher.

Sector Performance Yesterday
S&P Equal Weight: +2.11%

Best Sectors:
Retailing: +2.83%
Real Estate: +2.71%
Savings & Loans: +2.67%

Worst Sectors:
Internet: -0.56%
Restaurants: -0.26%
Aerospace Airline: +0.47%

Sector Signals:
No new signals

New Stock Signals
Bullish Catapult: VVUS - Low priced stock breaking out of base?

Bearish Catapult: UTHR - Not much support until it hits the mid 60s.