Saturday, November 1, 2008

Market Summary for October 31, 2008

Markets Snapshot:
NASDAQ BP: 23.01 and is in a column of Xs on a BUY signal
NYSE BP: 31.75 and is in a column of Xs on a BUY signal

Created Boxes: X - 0 O - 0
New Signals: Buy - 0 Sell - 0
New Reversals: Up - 0 Down - 0
Broke Double: Tops - 271 Bottoms - 27
New: Highs - 4 Lows - 41

Sector Performance
S&P Equal Weight: 2.12%

Bottom Sectors:
Precious Metals: -1.63%
Utilities - Electrical: -1.06%
Steel and Iron: 0.67%

Top Sectors:
Gaming: 12.27%
Real Estate: 5.76%
Building: 5.32%

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
Bear Trap Buy Signal: ASH - Ashland Inc.


Bear Trap Buy Signal: AXR - Amrep Corporation


Bear Trap Buy Signal: CRAI - Charles River Associates Incorporated


Bear Trap Buy Signal: CVTX - CV Therapeutics, Inc.


Bear Trap Buy Signal: NGA - North American Galvanizing & Coatings, I


Bear Trap Buy Signal: RSC - Rex Stores Corp


Broke Triple Top: SJI - South Jersey Industries Inc


Broke Triple Top: TRGT - Targacept Inc.


Broke Triple Top: UTR - Unitrin Inc


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


Bullish Catapult Signal: LAB - Labranche & Co Inc.



Sell Signals:
None