Friday, August 22, 2008

Market Summary for August 21, 2008

Markets Snapshot:
NASDAQ BP: 41.04 and is in a column of Xs on a BUY signal
NYSE BP: 42.64 and is in a column of Xs on a SELL signal

Created Boxes: X - 225 O - 272
New Signals: Buy - 41 Sell - 28
New Reversals: Up - 94 Down - 152
Broke Double: Tops - 47 Bottoms - 44
New: Highs - 9 Lows - 48

Sector Performance
S&P Equal Weight: 0.02%

Bottom Sectors:
Savings and Loans: -1.52%
Software: -1.28%
Biomedics and Genetics: -1.10%

Top Sectors:
Precious Metals: 5.03%
Oil: 2.23%
Oil Service: 1.67%

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
Bear Trap Buy Signal: CTRN - Citi Trends, Inc.


Bear Trap Buy Signal: PBT - Permian Basin Royalty Trust



Sell Signals:
Bearish Catapult Signal: AIXD - Access Integrated Technologies, Inc.


Bearish Catapult Signal: BFS - Saul Centers Incorporated


Bearish Catapult Signal: KFN - KKR Financial Corp.


Bull Trap Sell Signal: EAT - Brinker International Inc


Bull Trap Sell Signal: SSI - Stage Stores, Inc.



Market Summary for August 20, 2008

Markets Snapshot:
NASDAQ BP: 41.11 and is in a column of Xs on a BUY signal
NYSE BP: 41.96 and is in a column of Xs on a SELL signal

Created Boxes: X - 134 O - 277
New Signals: Buy - 55 Sell - 34
New Reversals: Up - 137 Down - 187
Broke Double: Tops - 41 Bottoms - 52
New: Highs - 6 Lows - 40

Sector Performance
S&P Equal Weight: 0.28%

Bottom Sectors:
Gaming: -2.17%
Drugs: -0.59%
Healthcare: -0.56%

Top Sectors:
Oil: 3.64%
Metals Non Ferrous: 3.04%
Oil Service: 2.58%

New Signals
No new Exchange signals

Sector Signals:
Sector Buy Signal: Oil



Stock Signals:

Buy Signals:
Bear Trap Buy Signal: CWBC - Community West Bancshares


Broke Triple Top: GDP - Goodrich Petroleum Corporation



Sell Signals:
Bearish Catapult Signal: RCMT - RCM Technologies


Bearish Catapult Signal: VRTX - Vertex Pharmaceuticals Incorporated


Broke Triple Bottom: CTRN - Citi Trends, Inc.


Bull Trap Sell Signal: HXL - Hexcel Corporation



Tuesday, August 19, 2008

Market Summary for August 19, 2008

Markets Snapshot:
NASDAQ BP: 41.11 and is in a column of Xs on a BUY signal
NYSE BP: 41.04 and is in a column of Xs on a SELL signal

Created Boxes: X - 65 O - 454
New Signals: Buy - 16 Sell - 84
New Reversals: Up - 58 Down - 353
Broke Double: Tops - 17 Bottoms - 111
New: Highs - 8 Lows - 89

Sector Performance
S&P Equal Weight: -1.40%

Bottom Sectors:
Gaming: -4.91%
Restaurants: -2.87%
Leisure: -2.56%

Top Sectors:
Oil: 2.49%
Oil Service: 1.37%
Metals Non Ferrous: 1.17%

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
Bear Trap Buy Signal: SDK - ProShares - UltraShort Russell MidCap Growth


Bear Trap Buy Signal: XLE - Energy Select Sector SPDR



Sell Signals:
Bearish Catapult Signal: BAP - Credicorp Limited


Bearish Catapult Signal: EXLP - Universal Compression Partners, L. P.


Bearish Catapult Signal: WB - Wachovia Corporation


Broke Triple Bottom: AMB - Amb Property Corporation


Broke Triple Bottom: NXTM - Nxstage Medical, Inc.


Bull Trap Sell Signal: NAV - Navistar International Corporation


Bull Trap Sell Signal: PWR - Quanta Services, Inc.


Bull Trap Sell Signal: TECH - Techne Corporation



Market Summary for August 18, 2008

Markets Snapshot:
NASDAQ BP: 42.33 and is in a column of Xs on a BUY signal
NYSE BP: 43.23 and is in a column of Xs on a SELL signal

Created Boxes: X - 162 O - 169
New Signals: Buy - 23 Sell - 20
New Reversals: Up - 76 Down - 206
Broke Double: Tops - 31 Bottoms - 32
New: Highs - 14 Lows - 38

Sector Performance
S&P Equal Weight: -1.75%

Bottom Sectors:
Gaming: -4.59%
Wall Street: -3.76%
Insurance: -2.31%

Top Sectors:
Precious Metals: 1.70%
Utilities - Electrical: 0.16%
Protection Safety Equipment: -0.11%

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
Bear Trap Buy Signal: PNM - Public Service of New Mexico


Bear Trap Buy Signal: TRR - TRC Companies Inc


Broke Triple Top: NAV - Navistar International Corporation


Bullish Catapult Signal: PCP - Precision Castparts Corp.



Sell Signals:
Bearish Catapult Signal: GMF - SPDR S&P Emerging Asia Pacific


Broke Triple Bottom: PVFC - PVF Capital Corp.


Broke Triple Bottom: SPIR - Spire Corporation


Bull Trap Sell Signal: CSWC - Capital Southwest Cororation


Bull Trap Sell Signal: KCLI - Kansas City Life Insurance Company


Bull Trap Sell Signal: KND - Kindred Healthcare, Inc.


Bull Trap Sell Signal: LEA - Lear Corporation


Bull Trap Sell Signal: PRK - Park National Corp