Friday, July 18, 2008

Market Summary for July 18, 2008

Markets Snapshot:
NASDAQ BP: 29.56 and is in a column of Os on a BUY signal
NYSE BP: 29.37 and is in a column of Xs on a SELL signal

Created Boxes: X - 389 O - 133
New Signals: Buy - 58 Sell - 22
New Reversals: Up - 254 Down - 132
Broke Double: Tops - 62 Bottoms - 20
New: Highs - 15 Lows - 49

Sector Performance
S&P Equal Weight: 0.06%

Bottom Sectors:
Internet: -4.16%
Retailing: -1.57%
Metals Non Ferrous: -0.99%

Top Sectors:
Gaming: 1.33%
Savings and Loans: 1.02%
Oil Service: 0.80%

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
Bear Trap Buy Signal: CNQ - Canadian Natural Resources LTD.


Bear Trap Buy Signal: PCN - Pimco Corp Income Fund


Bear Trap Buy Signal: WHQ - W-H Energy Services, Inc.


Broke Triple Top: PFWD - Phase Forward Inc.



Sell Signals:
Bull Trap Sell Signal: CT - Capital Trust, Inc.


Bull Trap Sell Signal: EFSC - Enterprise Financial


Bull Trap Sell Signal: IX - Orix Corporation


Bull Trap Sell Signal: OSTK - Overstock.Com, Inc.



Thursday, July 17, 2008

Market Summary for July 17, 2008

Markets Snapshot:
NASDAQ BP: 29.06 and is in a column of Os on a BUY signal
NYSE BP: 28.20 and is in a column of Xs on a SELL signal

Created Boxes: X - 671 O - 266
New Signals: Buy - 161 Sell - 56
New Reversals: Up - 601 Down - 92
Broke Double: Tops - 151 Bottoms - 75
New: Highs - 27 Lows - 40

Sector Performance
S&P Equal Weight: 2.00%

Bottom Sectors:
Steel and Iron: -4.18%
Oil: -4.00%
Metals Non Ferrous: -2.76%

Top Sectors:
Savings and Loans: 5.46%
Banks: 5.01%
Wall Street: 4.92%

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
Bear Trap Buy Signal: BID - Sotheby's


Bear Trap Buy Signal: BOBE - Bob Evans Farms, Inc.


Bear Trap Buy Signal: CHRS - Charming Shoppes, Inc.


Bear Trap Buy Signal: DGICA - Donegal Group Inc.


Bear Trap Buy Signal: IIVI - Ii VI Inc Two Six Inc


Bear Trap Buy Signal: JNY - Jones Apparel Group, Inc.


Bear Trap Buy Signal: JOSB - Jos A Bank Clothiers Inc


Bear Trap Buy Signal: PRX - Par Pharmaceutical Companies, Inc.


Bear Trap Buy Signal: SII - Smith International Inc


Bear Trap Buy Signal: SLB - Schlumberger Limited


Bear Trap Buy Signal: THQI - THQ Inc.


Bullish Catapult Signal: FORR - Forrester Research, Inc.


Bullish Catapult Signal: KNX - Knight Transportation Inc


Bullish Catapult Signal: TJX - the TJX Companies, Inc.


Bullish Catapult Signal: NPSNY - Naspers Limited



Sell Signals:
Bearish Catapult Signal: COSWF.PK - Canadian Oil Sands Trust


Bearish Catapult Signal: DNR - Denbury Resources Inc.


Bearish Catapult Signal: EE - El Paso Electric Co.


Bearish Catapult Signal: EGN - Energen Corporation


Bearish Catapult Signal: KWK - Quicksilver Resources Inc.


Bearish Catapult Signal: WLL - Whiting Petroleum Corporation


Bull Trap Sell Signal: AMRI - Albany Molecular Research, Inc.


Bull Trap Sell Signal: SWX - Southwest Gas Corp



Market Summary for July 16, 2008

Markets Snapshot:
NASDAQ BP: 26.99 and is in a column of Os on a BUY signal
NYSE BP: 24.90 and is in a column of Os on a SELL signal

Created Boxes: X - 225 O - 344
New Signals: Buy - 98 Sell - 43
New Reversals: Up - 587 Down - 136
Broke Double: Tops - 46 Bottoms - 87
New: Highs - 20 Lows - 115

Sector Performance
S&P Equal Weight: 3.36%

Bottom Sectors:
Oil: -1.78%
Precious Metals: -1.53%
Oil Service: -0.88%

Top Sectors:
Wall Street: 8.57%
Banks: 7.72%
Savings and Loans: 6.97%

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
Bear Trap Buy Signal: FISI - Financial Institutions,Inc.


Bear Trap Buy Signal: LXK - Lexmark International, Inc.


Bear Trap Buy Signal: SF - Stifel Financial Corp


Bear Trap Buy Signal: SMTL - Semitool, Inc.


Bear Trap Buy Signal: STBC - State Bancorp, Inc.


Bear Trap Buy Signal: USLM - United States Lime & Minerals, Inc.


Bear Trap Buy Signal: UVT - ProShares - Ultra Russell2000 Value


Bullish Catapult Signal: ONXX - Onyx Pharmaceutical



Sell Signals:
Bearish Catapult Signal: BPT - BP Prudhoe Bay Royalty Trust


Bearish Catapult Signal: GPCB - GPC Biotech Ag.


Bearish Catapult Signal: NSIT - Insight Enterprises Inc


Bearish Catapult Signal: PBR - Petroleo Brasileiro S.A.


Bearish Catapult Signal: RYE - Rydex - S&P Equal Weight Energy


Bearish Catapult Signal: DO - Diamond Offshore Drilling, Inc.


Bearish Catapult Signal: GEL - Genisis Energy


Bearish Catapult Signal: MDR - McDermott International, Inc.


Broke Triple Bottom: BERK - Berkshire Bancorp Inc.


Broke Triple Bottom: SHPGY - Shire Pharmaceuticals Group PLC


Broke Triple Bottom: TNH - Terra Nitrogen Company


Bull Trap Sell Signal: PAAS - Pan American Silver Corp


Bull Trap Sell Signal: SZK - ProShares - UltraShort Consumer Goods


Bull Trap Sell Signal: FE - Firstenergy Corp.