Thursday, May 29, 2008

Market Summary for May 27, 2008

Markets Snapshot:
NASDAQ BP: 42.08 and is in a column of Xs on a BUY signal
NYSE BP: 49.90 and is in a column of Os on a BUY signal

Created Boxes: X - 121 O - 235
New Signals: Buy - 12 Sell - 27
New Reversals: Up - 85 Down - 102
Broke Double: Tops - 27 Bottoms - 33
New: Highs - 21 Lows - 36

Sector Performance
S&P Equal Weight: 0.00%

Bottom Sectors:
Precious Metals: -2.57%
Oil: -2.03%
Oil Service: -1.28%

Top Sectors:
Internet: 2.14%
Leisure: 2.01%
Software: 1.78%

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
None

Sell Signals:
Broke Triple Bottom: PCU - Southern Copper Corporation


Bull Trap Sell Signal: ESLR - Evergreen Solar, Inc.


Bull Trap Sell Signal: MRTN - Marten Transport, LTD.


Bull Trap Sell Signal: ALD - Allied Capital Corporation