Friday, August 29, 2008

Market Summary for August 26, 2008

Markets Snapshot:
NASDAQ BP: 40.66 and is in a column of Xs on a BUY signal
NYSE BP: 42.59 and is in a column of Xs on a SELL signal

Created Boxes: X - 87 O - 254
New Signals: Buy - 12 Sell - 21
New Reversals: Up - 70 Down - 131
Broke Double: Tops - 18 Bottoms - 36
New: Highs - 4 Lows - 48

Sector Performance
S&P Equal Weight: 0.25%

Bottom Sectors:
Restaurants: -2.11%
Internet: -1.39%
Foods Beverages and Soap: -0.76%

Top Sectors:
Oil: 1.82%
Oil Service: 1.69%
Savings and Loans: 1.19%

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
Bear Trap Buy Signal: EQIX - Equinix, Inc.


Bullish Catapult Signal: CRK - Comstock Resources



Sell Signals:
Bearish Catapult Signal: OSK - Oshkosh Truck Corporation


Broke Triple Bottom: AXL - American Axle & Manufacturing Holdings


Bull Trap Sell Signal: MA - Mastercard, Inc.


Bull Trap Sell Signal: MSTR - Microstrategy Inc



Tuesday, August 26, 2008

Market Summary for August 25, 2008

Markets Snapshot:
NASDAQ BP: 40.98 and is in a column of Xs on a BUY signal
NYSE BP: 42.59 and is in a column of Xs on a SELL signal

Created Boxes: X - 61 O - 244
New Signals: Buy - 4 Sell - 22
New Reversals: Up - 44 Down - 179
Broke Double: Tops - 6 Bottoms - 33
New: Highs - 8 Lows - 52

Sector Performance
S&P Equal Weight: -2.02%

Bottom Sectors:
Biomedics and Genetics: -3.34%
Steel and Iron: -3.29%
Gaming: -3.21%

Top Sectors:
Utilities - Gas: -0.63%
Drugs: -0.94%
Oil Service: -1.02%

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
None

Sell Signals:
Bearish Catapult Signal: NMR - Nomura Holdings, Inc.


Bearish Catapult Signal: UWBK - United Western Bancorp, Inc.


Bull Trap Sell Signal: CSFL - Centerstate Banks of Florida, Inc.


Bull Trap Sell Signal: KRO - Kronos Worldwide, Inc.


Bull Trap Sell Signal: LAMR - Lamar Advertising Company


Bull Trap Sell Signal: SCBT - SCBT Financial Corporation



Market Summary for August 22, 2008

Markets Snapshot:
NASDAQ BP: 41.38 and is in a column of Xs on a BUY signal
NYSE BP: 42.91 and is in a column of Xs on a SELL signal

Created Boxes: X - 122 O - 92
New Signals: Buy - 19 Sell - 6
New Reversals: Up - 139 Down - 108
Broke Double: Tops - 24 Bottoms - 14
New: Highs - 11 Lows - 32

Sector Performance
S&P Equal Weight: 1.36%

Bottom Sectors:
Oil: -2.21%
Precious Metals: -1.65%
Oil Service: -1.27%

Top Sectors:
Gaming: 4.30%
Wall Street: 3.07%
Leisure: 2.87%

New Signals
No new Exchange signals

Sector Signals:
Sector Buy Signal: Machinery and Tools



Stock Signals:

Buy Signals:
Bear Trap Buy Signal: PHX - Panhandle Royalty Company


Bear Trap Buy Signal: PNC - the PNC Financial Services Group Inc.


Broke Triple Top: KRO - Kronos Worldwide, Inc.


Bullish Catapult Signal: ADPI - American Dental Partners Inc



Sell Signals:
Bearish Catapult Signal: EPG - Environmental Power Corporation


Bearish Catapult Signal: SVU - Supervalu Inc.