Saturday, May 24, 2008

Market Summary for May 23, 2008

Markets Snapshot:
NASDAQ BP: 41.82 and is in a column of Xs on a BUY signal
NYSE BP: 50.81 and is in a column of Xs on a BUY signal

Created Boxes: X - 78 O - 420
New Signals: Buy - 9 Sell - 57
New Reversals: Up - 39 Down - 208
Broke Double: Tops - 17 Bottoms - 74
New: Highs - 11 Lows - 62

Sector Performance
S&P Equal Weight: -1.38%

Bottom Sectors:
Leisure: -1.85%
Steel and Iron: -1.81%
Metals Non Ferrous: -1.78%

Top Sectors:
Semiconductors: -0.10%
Telephone: -0.31%
Real Estate: -0.43%

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
Bear Trap Buy Signal: KO - the Coca-Cola Company


Bear Trap Buy Signal: RURL - Rural/Metro Corporation



Sell Signals:
Bearish Catapult Signal: HUGH - Hughes Communications, Inc.


Bearish Catapult Signal: FDX - Fedex Corporation


Broke Triple Bottom: JBLU - Jetblue Airways Corporation


Bull Trap Sell Signal: KNXA - Kenexa Corporation



Market Summary for May 22, 2008

Markets Snapshot:
NASDAQ BP: 42.64 and is in a column of Xs on a BUY signal
NYSE BP: 52.18 and is in a column of Xs on a BUY signal

Created Boxes: X - 128 O - 213
New Signals: Buy - 18 Sell - 51
New Reversals: Up - 59 Down - 202
Broke Double: Tops - 21 Bottoms - 45
New: Highs - 24 Lows - 32

Sector Performance
S&P Equal Weight: 0.27%

Bottom Sectors:
Oil Service: -1.05%
Transports - Non Air: -0.94%
Internet: -0.93%

Top Sectors:
Savings and Loans: 1.27%
Biomedics and Genetics: 1.17%
Retailing: 1.09%

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
Bear Trap Buy Signal: FMD - the First Marblehead Corporation


Bear Trap Buy Signal: TNE - Tele Norte Leste Participacoes


Broke Triple Top: WHG - Westwood Holdings Group, Inc.


Bullish Catapult Signal: POWL - Powell Industries, Inc.



Sell Signals:
Broke Triple Bottom: EMS - Emergency Medical Services Limited Partn


Broke Triple Bottom: WTBA - West Bancorporation


Bull Trap Sell Signal: ACH - Aluminum Corporation of China Limited.


Bull Trap Sell Signal: AKS - AK Steel Holding Corporation


Bull Trap Sell Signal: BEN - Franklin Resources, Inc.



Friday, May 23, 2008

Market Summary for May 21, 2008

Markets Snapshot:
NASDAQ BP: 42.82 and is in a column of Xs on a BUY signal
NYSE BP: 53.65 and is in a column of Xs on a BUY signal

Created Boxes: X - 277 O - 326
New Signals: Buy - 20 Sell - 45
New Reversals: Up - 94 Down - 221
Broke Double: Tops - 37 Bottoms - 65
New: Highs - 96 Lows - 68

Sector Performance
S&P Equal Weight: -1.70%

Bottom Sectors:
Wall Street: -3.16%
Aerospace Airline: -3.12%
Restaurants: -2.97%

Top Sectors:
Oil Service: 0.07%
Utilities - Gas: 0.02%
Utilities - Electrical: 0.02%

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
Bear Trap Buy Signal: GTIV - Gentiva Health Services, Inc.


Bear Trap Buy Signal: NLCI - Nobel Learning Communities Inc.


Bullish Catapult Signal: FE - Firstenergy Corp.


Bullish Catapult Signal: HUM - Humana Inc.


Bullish Catapult Signal: WLP - Wellpoint, Inc.


Bullish Catapult Signal: XIDE - Exide Technologies



Sell Signals:
Bearish Catapult Signal: AEPI - Aep Industries Inc.


Bearish Catapult Signal: GSBC - Great Southern Bancorp


Broke Triple Bottom: STT - State Street Corporation


Bull Trap Sell Signal: LMIA - Lmi Aerospace Inc.


Bull Trap Sell Signal: MGM - MGM Mirage Inc.


Bull Trap Sell Signal: MHP - the McGraw-hill Companies, Inc.


Bull Trap Sell Signal: PETD - Petroleum Development Corporation



Wednesday, May 21, 2008

Market Summary for May 20, 2008

Markets Snapshot:
NASDAQ BP: 43.09 and is in a column of Xs on a BUY signal
NYSE BP: 54.46 and is in a column of Xs on a BUY signal

Created Boxes: X - 166 O - 186
New Signals: Buy - 14 Sell - 29
New Reversals: Up - 56 Down - 196
Broke Double: Tops - 22 Bottoms - 37
New: Highs - 54 Lows - 44

Sector Performance
S&P Equal Weight: -0.93%

Bottom Sectors:
Media: -11.26%
Steel and Iron: -4.00%
Restaurants: -1.70%

Top Sectors:
Precious Metals: 1.65%
Oil: 1.33%
Oil Service: 0.81%

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
Broke Triple Top: ENA - Enova Systems, Inc.


Broke Triple Top: MRTN - Marten Transport, LTD.


Bullish Catapult Signal: CEPH - Cephalon, Inc.


Breaking 90: WLL - Whiting Petroleum Corporation



Sell Signals:
Broke Triple Bottom: IIT - Perusahaan Indar Sat Adr


Bull Trap Sell Signal: AMKR - Amkor Technology, Inc.


Bull Trap Sell Signal: LEN-B - Lennar Corporation


Bull Trap Sell Signal: RVBD - Riverbed Technology, Inc.



Market Summary for May 19, 2008

Markets Snapshot:
NASDAQ BP: 43.55 and is in a column of Xs on a BUY signal
NYSE BP: 54.76 and is in a column of Xs on a BUY signal

Created Boxes: X - 522 O - 107
New Signals: Buy - 61 Sell - 10
New Reversals: Up - 127 Down - 83
Broke Double: Tops - 97 Bottoms - 21
New: Highs - 135 Lows - 30

Sector Performance
S&P Equal Weight: -0.10%

Bottom Sectors:
Gaming: -1.39%
Chemicals: -1.30%
Restaurants: -1.23%

Top Sectors:
Precious Metals: 1.46%
Oil: 1.02%
Utilities - Electrical: 0.88%

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
Bear Trap Buy Signal: HUGH - Hughes Communications, Inc.


Bear Trap Buy Signal: RBI - Collegiate Pacific, Inc.


Bear Trap Buy Signal: TLEO - Taleo Corporation


Broke Triple Top: ACH - Aluminum Corporation of China Limited.


Broke Triple Top: DVN - Devon Energy Corporation


Broke Triple Top: EOG - Eog Resources, Inc.


Broke Triple Top: PACR - Pacer International,Inc.


Bullish Catapult Signal: AIP - American Israeli Paper Mills LTD.


Bullish Catapult Signal: FLR - Fluor Corporation


Bullish Catapult Signal: XEC - Cimarex Energy Co.


Bullish Catapult Signal: DNR - Denbury Resources Inc.


Bullish Catapult Signal: FST - Forest Oil Corporation


Bullish Catapult Signal: UPW - ProShares - Ultra Utilities


Breaking 90: ARA - Aracruz Celulose Adr



Sell Signals:
Bearish Catapult Signal: SDP - ProShares - UltraShort Utilities


Broke Triple Bottom: MFSF - Mutual First Financial Inc.


Bull Trap Sell Signal: KRSL - Kreisler Manufacturing Corporation.


Bull Trap Sell Signal: LVS - Las Vegas Sands Corp.


Bull Trap Sell Signal: UBA - Urstadt Biddle Properties