Friday, February 22, 2008

System Upgrade

I have made significant updates to the P&F System that will require the entire history to be re-created. It will take several days to complete so I am taking the weekend to get it finished. Expect the next update to be next Tuesday and look for improved reporting on signals at that time.

Thursday, February 21, 2008

Market Summary for February 20, 2008

Markets Snapshot:
NASDAQ BP: 28.23 and is in a column of Xs on a SELL signal
NYSE BP: 35.30 and is in a column of Xs on a SELL signal

Created Boxes: X - 229 O - 243
New Signals: Buy - 37 Sell - 31
New Reversals: Up - 87 Down - 164
Broke Double: Tops - 52 Bottoms - 44
New: Highs - 26 Lows - 54

Sector Performance Yesterday
S&P Equal Weight: 1.16%

Bottom Sectors:
Biomedics and Genetics: -1.07%
Drugs: -0.45%

Top Sectors:
Precious Metals: 2.24%
Wall Street: 2.02%
Forest Prods and Paper: 1.86%
Building: 1.81%

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
Bear Trap Buy Signal: LRCX


Bear Trap Buy Signal: TGP


Broke Triple Top: MT



Sell Signals:
Bearish Catapult Signal: SINT


Bull Trap Sell Signal: MC


Bull Trap Sell Signal: EML


Bull Trap Sell Signal: BRP



Wednesday, February 20, 2008

Market Summary for February 19, 2008

Markets Snapshot:
NASDAQ BP:28.24 and is in a column of Xs on a SELL signal
NYSE BP:35.05 and is in a column of Xs on a SELL signal

Created Boxes: X - 305 O - 182
New Signals: Buy - 53 Sell - 10
New Reversals: Up - 196 Down - 81
Broke Double: Tops - 56 Bottoms - 31

Sector Performance Yesterday
S&P Equal Weight: 0.00%

Bottom Sectors:
Internet: -2.06%
Wall Street: -1.93%
Semiconductors: -1.04%

Top Sectors:
Precious Metals: 4.55%
Metals Non Ferrous: 3.89%
Oil: 2.38%

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
Bear Trap Buy Signal: PLPC


Broke Triple Top: BRP


Bullish Catapult Signal: CF



Sell Signals:
Bearish Catapult Signal: ATX


Bearish Catapult Signal: UHAL