Market Summary for 1/16/2008

Markets:

The Markets are on sell signals.

NASDAQ BP: 21%
NYSE BP: 25%

Stock Movement Summary:

Created X: 134 O: 837
New Signals: Buy - 17, Sell - 112
New Reversals: Up - 192, Down - 205
Broke Double Tops/Bottoms: Tops - 17, Bottoms - 109

Sector Performance Yesterday
S&P Equal Weight: +0.19%

Best Sectors:
Retailing: +2.06%
Real Estate: +1.75%
Textiles / Apparel: +1.12%

Worst Sectors:
Steel/Iron: -4.78%
Precious Metals: -4.78%
Metals Non Ferrous: -3.47%

Sector Signals: (All sectors are on a P&F BP sell signal except Precious Metals)
Sell: Oil
Sell: Oil Service
Sell: Utilities

New Stock Signals
Bullish Catapult: MATW
Bullish Catapult: SCC

Bearish Catapult: NVEC
Bearish Catapult: TGE
Bearish Catapult: VE
Bearish Catapult: WGOV
Bearish Catapult: UKF