Wednesday, June 11, 2008

Market Summary for June 10, 2008

Markets Snapshot:
NASDAQ BP: 41.12 and is in a column of Xs on a BUY signal
NYSE BP: 46.93 and is in a column of Os on a BUY signal

Created Boxes: X - 76 O - 496
New Signals: Buy - 12 Sell - 66
New Reversals: Up - 40 Down - 266
Broke Double: Tops - 13 Bottoms - 96
New: Highs - 19 Lows - 116

Sector Performance
S&P Equal Weight: -0.40%

Bottom Sectors:
Precious Metals: -3.86%
Steel and Iron: -2.99%
Metals Non Ferrous: -2.49%

Top Sectors:
Restaurants: 0.85%
Wall Street: 0.71%
Insurance: 0.61%

New Signals
No new Exchange signals

Sector Signals:
Sector Sell Signal: Savings and Loans



Stock Signals:

Buy Signals:
None

Sell Signals:
Bearish Catapult Signal: CBBO - Columbia Bancorp


Bearish Catapult Signal: GSH - Guangshen Railway Company Limited


Broke Triple Bottom: SNIC - Sonic Solutions


Bull Trap Sell Signal: HCH - CP Holdrs


Bull Trap Sell Signal: LUX - Luxottica Group S.P.A. Adr


Bull Trap Sell Signal: BHI - Baker Hughes Incorporated



Tuesday, June 10, 2008

Market Summary for June 09, 2008

Markets Snapshot:
NASDAQ BP: 42.15 and is in a column of Xs on a BUY signal
NYSE BP: 48.63 and is in a column of Os on a BUY signal

Created Boxes: X - 118 O - 546
New Signals: Buy - 17 Sell - 66
New Reversals: Up - 38 Down - 289
Broke Double: Tops - 21 Bottoms - 111
New: Highs - 35 Lows - 152

Sector Performance
S&P Equal Weight: -0.15%

Bottom Sectors:
Gaming: -2.10%
Internet: -2.09%
Real Estate: -1.98%

Top Sectors:
Oil: 1.48%
Oil Service: 1.17%
Utilities - Electrical: 1.01%

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
Bullish Catapult Signal: EEV - ProShares - Ultra Short MSCI Emerging Markets Inde


Breaking 90: ANR - Alpha Natural Resources, Inc.



Sell Signals:
Bearish Catapult Signal: BHS - Brookfield Homes Corporation


Bearish Catapult Signal: FRE - Freddie Mac


Bearish Catapult Signal: YLWPF.PK - Yellow Pages Income Fund


Broke Triple Bottom: GNK - Genco Shipping & Trading LTD.


Broke Triple Bottom: RWT - Redwood Trust Inc


Broke Triple Bottom: TSTC - Telestone Technologies Corporation


Broke Triple Bottom: UWBK - United Western Bancorp, Inc.


Bull Trap Sell Signal: BAP - Credicorp Limited


Bull Trap Sell Signal: FDEF - First Defiance Financial Corp.


Bull Trap Sell Signal: ORB - Orbital Sciences Corp


Bull Trap Sell Signal: PII - Polaris Industries, Inc.


Bull Trap Sell Signal: TNB - Thomas & Betts Corporation


Bull Trap Sell Signal: UVT - ProShares - Ultra Russell2000 Value


Bull Trap Sell Signal: VSEC - Vse Corporation