Thursday, July 31, 2008

Market Summary for July 31, 2008

Markets Snapshot:
NASDAQ BP: 36.45 and is in a column of Xs on a BUY signal
NYSE BP: 37.42 and is in a column of Xs on a SELL signal

Created Boxes: X - 307 O - 122
New Signals: Buy - 47 Sell - 27
New Reversals: Up - 161 Down - 211
Broke Double: Tops - 53 Bottoms - 33
New: Highs - 36 Lows - 54

Sector Performance
S&P Equal Weight: -0.93%

Bottom Sectors:
Oil: -2.92%
Machinery and Tools: -2.42%
Metals Non Ferrous: -2.24%

Top Sectors:
Biomedics and Genetics: 2.93%
Waste Management: 1.05%
Protection Safety Equipment: 0.78%

New Signals
No new Exchange signals

Sector Signals:
Sector Buy Signal: Metals Non Ferrous



Stock Signals:

Buy Signals:
Bear Trap Buy Signal: IBA - Industries Bachoco, S.A.


Bullish Catapult Signal: PRU - Prudential Financial, Inc.


Bullish Catapult Signal: AMMD - American Medical Systems Holding, Inc.


Bullish Catapult Signal: THOR - Thoratec Laboratories Corporation


Bullish Catapult Signal: TTEK - Tetra Tech, Inc.



Sell Signals:
Bearish Catapult Signal: BVN - Minas Buenaventura


Broke Triple Bottom: WINS - SM&A


Bull Trap Sell Signal: MDS - Midas, Inc.


Bull Trap Sell Signal: UHS - Universal Health Services, Inc.



Wednesday, July 30, 2008

Market Summary for July 30, 2008

Markets Snapshot:
NASDAQ BP: 35.67 and is in a column of Xs on a BUY signal
NYSE BP: 37.08 and is in a column of Xs on a SELL signal

Created Boxes: X - 443 O - 157
New Signals: Buy - 107 Sell - 24
New Reversals: Up - 405 Down - 121
Broke Double: Tops - 99 Bottoms - 27
New: Highs - 42 Lows - 52

Sector Performance
S&P Equal Weight: 1.18%

Bottom Sectors:
Leisure: -1.13%
Drugs: -0.93%
Gaming: -0.67%

Top Sectors:
Oil: 5.08%
Oil Service: 4.35%
Steel and Iron: 3.35%

New Signals
No new Exchange signals

Sector Signals:
Sector Buy Signal: Chemicals



Stock Signals:

Buy Signals:
Bear Trap Buy Signal: ITW - Illinois Tool Works Inc.


Bear Trap Buy Signal: PDA - Perdigao S.A.


Bear Trap Buy Signal: SPN - Superior Energy Services Inc.


Bear Trap Buy Signal: STP - Suntech Power Holdings Adr


Broke Triple Top: IDSA - Industrial Services of America, Inc.


Broke Triple Top: Y - Alleghany Corp


Bullish Catapult Signal: MDVN - Medivation, Inc.


Breaking 90: ALXN - Alexion Pharmaceuticals



Sell Signals:
Bull Trap Sell Signal: BBOX - Black Box Corporation



Tuesday, July 29, 2008

Market Summary for July 29, 2008

Markets Snapshot:
NASDAQ BP: 34.85 and is in a column of Xs on a BUY signal
NYSE BP: 34.13 and is in a column of Xs on a SELL signal

Created Boxes: X - 249 O - 188
New Signals: Buy - 37 Sell - 24
New Reversals: Up - 223 Down - 164
Broke Double: Tops - 43 Bottoms - 32
New: Highs - 19 Lows - 49

Sector Performance
S&P Equal Weight: 2.84%

Bottom Sectors:
Oil: -1.26%
Precious Metals: -0.92%
Oil Service: -0.75%

Top Sectors:
Wall Street: 6.14%
Gaming: 4.66%
Banks: 4.42%

New Signals
No new Exchange signals

Sector Signals:
Sector Buy Signal: Steel and Iron



Stock Signals:

Buy Signals:
Bear Trap Buy Signal: ABFS - Arkansas Best Corporation


Bullish Catapult Signal: WLB - Westmoreland Coal Company



Sell Signals:
Bearish Catapult Signal: ANZBY - Australia & New Zealand BNK Ads


Bearish Catapult Signal: MEDQ.PK - Medquist Inc.


Bearish Catapult Signal: ZONS - Zones, Inc.


Bull Trap Sell Signal: CORS - Corus Bankshares Inc


Bull Trap Sell Signal: ONFC - Oneida Financial Corp.


Bull Trap Sell Signal: TWIN - Twin Disc, Incorporated



Market Summary for July 28, 2008

Markets Snapshot:
NASDAQ BP: 34.30 and is in a column of Xs on a BUY signal
NYSE BP: 34.03 and is in a column of Xs on a SELL signal

Created Boxes: X - 165 O - 306
New Signals: Buy - 16 Sell - 26
New Reversals: Up - 104 Down - 288
Broke Double: Tops - 13 Bottoms - 38
New: Highs - 6 Lows - 62

Sector Performance
S&P Equal Weight: -1.85%

Bottom Sectors:
Wall Street: -4.24%
Protection Safety Equipment: -3.67%
Textiles and Apparel: -2.93%

Top Sectors:
Steel and Iron: 1.38%
Metals Non Ferrous: 0.79%
Precious Metals: 0.71%

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
Bear Trap Buy Signal: MPAC - Mod-Pac Corp.



Sell Signals:
Bearish Catapult Signal: FEIM - Frequency Electronics Inc


Bull Trap Sell Signal: AMMD - American Medical Systems Holding, Inc.


Bull Trap Sell Signal: WTNY - Whitney Holding Corp



Monday, July 28, 2008

Market Summary for July 25, 2008

Markets Snapshot:
NASDAQ BP: 34.43 and is in a column of Xs on a BUY signal
NYSE BP: 34.42 and is in a column of Xs on a SELL signal

Created Boxes: X - 235 O - 255
New Signals: Buy - 34 Sell - 26
New Reversals: Up - 199 Down - 194
Broke Double: Tops - 38 Bottoms - 39
New: Highs - 22 Lows - 51

Sector Performance
S&P Equal Weight: 0.20%

Bottom Sectors:
Textiles and Apparel: -1.41%
Gaming: -0.61%
Retailing: -0.45%

Top Sectors:
Metals Non Ferrous: 2.86%
Steel and Iron: 1.88%
Real Estate: 1.88%

New Signals
No new Exchange signals

Sector Signals:
Sector Sell Signal: Precious Metals



Stock Signals:

Buy Signals:
Bear Trap Buy Signal: CRR - Carbo Ceramics Inc


Bear Trap Buy Signal: GIFI - Gulf Island Fabrication Inc.


Bear Trap Buy Signal: TAMB - Tamalpais Bancorp


Bullish Catapult Signal: PEC - Pike Electric Corporation



Sell Signals:
Bearish Catapult Signal: BOKF - Bok Financial Corporation


Bearish Catapult Signal: THQI - THQ Inc.


Bull Trap Sell Signal: JNS - Janus Capital Group Inc.