Monday, June 2, 2008

Market Summary for May 30, 2008

Markets Snapshot:
NASDAQ BP: 42.74 and is in a column of Xs on a BUY signal
NYSE BP: 50.15 and is in a column of Os on a BUY signal

Created Boxes: X - 259 O - 90
New Signals: Buy - 21 Sell - 10
New Reversals: Up - 116 Down - 58
Broke Double: Tops - 43 Bottoms - 13
New: Highs - 42 Lows - 26

Sector Performance
S&P Equal Weight: 0.17%

Bottom Sectors:
Retailing: -0.68%
Textiles and Apparel: -0.61%
Wall Street: -0.47%

Top Sectors:
Oil: 1.89%
Semiconductors: 1.71%
Electronics: 1.51%

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
Bear Trap Buy Signal: LNY - Landry's Restaurants, Inc.


Bear Trap Buy Signal: NOVL - Novell, Inc.


Bear Trap Buy Signal: PGC - Peapack Gladstone Financial Corporation


Bullish Catapult Signal: NIHD - Nii Holdings Inc.


Bullish Catapult Signal: SHOO - Madden Steven LTD


Breaking 90: CWEI - Williams Clayton Energy In



Sell Signals:
Bearish Catapult Signal: PKBK - Parke Bank



No comments: