Monday, June 2, 2008

Market Summary for May 29, 2008

Markets Snapshot:
NASDAQ BP: 42.38 and is in a column of Xs on a BUY signal
NYSE BP: 50.10 and is in a column of Os on a BUY signal

Created Boxes: X - 340 O - 116
New Signals: Buy - 33 Sell - 15
New Reversals: Up - 194 Down - 58
Broke Double: Tops - 59 Bottoms - 19
New: Highs - 54 Lows - 24

Sector Performance
S&P Equal Weight: 0.65%

Bottom Sectors:
Precious Metals: -2.96%
Metals Non Ferrous: -2.05%
Transports - Non Air: -1.98%

Top Sectors:
Biomedics and Genetics: 2.20%
Gaming: 1.95%
Forest Prods and Paper: 1.39%

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
Bear Trap Buy Signal: STT - State Street Corporation


Bear Trap Buy Signal: URBN - Urban Outfitters, Inc.


Bullish Catapult Signal: BEXP - Brigham Exploration Co.


Bullish Catapult Signal: BLK - Blackrock, Inc.


Bullish Catapult Signal: LSTR - Landstar System, Inc.


Bullish Catapult Signal: NUVA - Nuvasive, Inc.



Sell Signals:
Bearish Catapult Signal: UBMI.OB - United Bancorp, Inc. Michigan


Bull Trap Sell Signal: STE - Steris Corporation



Sunday, June 1, 2008

Market Summary for May 28, 2008

Markets Snapshot:
NASDAQ BP: 42.06 and is in a column of Xs on a BUY signal
NYSE BP: 49.54 and is in a column of Os on a BUY signal

Created Boxes: X - 188 O - 206
New Signals: Buy - 18 Sell - 27
New Reversals: Up - 165 Down - 81
Broke Double: Tops - 34 Bottoms - 37
New: Highs - 35 Lows - 51

Sector Performance
S&P Equal Weight: 0.56%

Bottom Sectors:
Biomedics and Genetics: -2.42%
Savings and Loans: -1.01%
Wall Street: -0.76%

Top Sectors:
Chemicals: 2.81%
Textiles and Apparel: 2.17%
Waste Management: 1.94%

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
Bear Trap Buy Signal: IMCL - Imclone Systems Incorporated


Bear Trap Buy Signal: SXI - Standex International Corp


Bear Trap Buy Signal: ACI - Arch Coal Inc.


Bullish Catapult Signal: AMSC - American Superconductor Corp


Bullish Catapult Signal: LTM - Life Time Fitness, Inc.



Sell Signals:
Bearish Catapult Signal: CTO - Consolidated Tomoka Land Company


Bull Trap Sell Signal: DGT - SPDR DJ Global Titans


Bull Trap Sell Signal: ETM - Entercon Communications Corporation



Thursday, May 29, 2008

Market Summary for May 27, 2008

Markets Snapshot:
NASDAQ BP: 42.08 and is in a column of Xs on a BUY signal
NYSE BP: 49.90 and is in a column of Os on a BUY signal

Created Boxes: X - 121 O - 235
New Signals: Buy - 12 Sell - 27
New Reversals: Up - 85 Down - 102
Broke Double: Tops - 27 Bottoms - 33
New: Highs - 21 Lows - 36

Sector Performance
S&P Equal Weight: 0.00%

Bottom Sectors:
Precious Metals: -2.57%
Oil: -2.03%
Oil Service: -1.28%

Top Sectors:
Internet: 2.14%
Leisure: 2.01%
Software: 1.78%

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
None

Sell Signals:
Broke Triple Bottom: PCU - Southern Copper Corporation


Bull Trap Sell Signal: ESLR - Evergreen Solar, Inc.


Bull Trap Sell Signal: MRTN - Marten Transport, LTD.


Bull Trap Sell Signal: ALD - Allied Capital Corporation



Saturday, May 24, 2008

Market Summary for May 23, 2008

Markets Snapshot:
NASDAQ BP: 41.82 and is in a column of Xs on a BUY signal
NYSE BP: 50.81 and is in a column of Xs on a BUY signal

Created Boxes: X - 78 O - 420
New Signals: Buy - 9 Sell - 57
New Reversals: Up - 39 Down - 208
Broke Double: Tops - 17 Bottoms - 74
New: Highs - 11 Lows - 62

Sector Performance
S&P Equal Weight: -1.38%

Bottom Sectors:
Leisure: -1.85%
Steel and Iron: -1.81%
Metals Non Ferrous: -1.78%

Top Sectors:
Semiconductors: -0.10%
Telephone: -0.31%
Real Estate: -0.43%

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
Bear Trap Buy Signal: KO - the Coca-Cola Company


Bear Trap Buy Signal: RURL - Rural/Metro Corporation



Sell Signals:
Bearish Catapult Signal: HUGH - Hughes Communications, Inc.


Bearish Catapult Signal: FDX - Fedex Corporation


Broke Triple Bottom: JBLU - Jetblue Airways Corporation


Bull Trap Sell Signal: KNXA - Kenexa Corporation



Market Summary for May 22, 2008

Markets Snapshot:
NASDAQ BP: 42.64 and is in a column of Xs on a BUY signal
NYSE BP: 52.18 and is in a column of Xs on a BUY signal

Created Boxes: X - 128 O - 213
New Signals: Buy - 18 Sell - 51
New Reversals: Up - 59 Down - 202
Broke Double: Tops - 21 Bottoms - 45
New: Highs - 24 Lows - 32

Sector Performance
S&P Equal Weight: 0.27%

Bottom Sectors:
Oil Service: -1.05%
Transports - Non Air: -0.94%
Internet: -0.93%

Top Sectors:
Savings and Loans: 1.27%
Biomedics and Genetics: 1.17%
Retailing: 1.09%

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
Bear Trap Buy Signal: FMD - the First Marblehead Corporation


Bear Trap Buy Signal: TNE - Tele Norte Leste Participacoes


Broke Triple Top: WHG - Westwood Holdings Group, Inc.


Bullish Catapult Signal: POWL - Powell Industries, Inc.



Sell Signals:
Broke Triple Bottom: EMS - Emergency Medical Services Limited Partn


Broke Triple Bottom: WTBA - West Bancorporation


Bull Trap Sell Signal: ACH - Aluminum Corporation of China Limited.


Bull Trap Sell Signal: AKS - AK Steel Holding Corporation


Bull Trap Sell Signal: BEN - Franklin Resources, Inc.



Friday, May 23, 2008

Market Summary for May 21, 2008

Markets Snapshot:
NASDAQ BP: 42.82 and is in a column of Xs on a BUY signal
NYSE BP: 53.65 and is in a column of Xs on a BUY signal

Created Boxes: X - 277 O - 326
New Signals: Buy - 20 Sell - 45
New Reversals: Up - 94 Down - 221
Broke Double: Tops - 37 Bottoms - 65
New: Highs - 96 Lows - 68

Sector Performance
S&P Equal Weight: -1.70%

Bottom Sectors:
Wall Street: -3.16%
Aerospace Airline: -3.12%
Restaurants: -2.97%

Top Sectors:
Oil Service: 0.07%
Utilities - Gas: 0.02%
Utilities - Electrical: 0.02%

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
Bear Trap Buy Signal: GTIV - Gentiva Health Services, Inc.


Bear Trap Buy Signal: NLCI - Nobel Learning Communities Inc.


Bullish Catapult Signal: FE - Firstenergy Corp.


Bullish Catapult Signal: HUM - Humana Inc.


Bullish Catapult Signal: WLP - Wellpoint, Inc.


Bullish Catapult Signal: XIDE - Exide Technologies



Sell Signals:
Bearish Catapult Signal: AEPI - Aep Industries Inc.


Bearish Catapult Signal: GSBC - Great Southern Bancorp


Broke Triple Bottom: STT - State Street Corporation


Bull Trap Sell Signal: LMIA - Lmi Aerospace Inc.


Bull Trap Sell Signal: MGM - MGM Mirage Inc.


Bull Trap Sell Signal: MHP - the McGraw-hill Companies, Inc.


Bull Trap Sell Signal: PETD - Petroleum Development Corporation



Wednesday, May 21, 2008

Market Summary for May 20, 2008

Markets Snapshot:
NASDAQ BP: 43.09 and is in a column of Xs on a BUY signal
NYSE BP: 54.46 and is in a column of Xs on a BUY signal

Created Boxes: X - 166 O - 186
New Signals: Buy - 14 Sell - 29
New Reversals: Up - 56 Down - 196
Broke Double: Tops - 22 Bottoms - 37
New: Highs - 54 Lows - 44

Sector Performance
S&P Equal Weight: -0.93%

Bottom Sectors:
Media: -11.26%
Steel and Iron: -4.00%
Restaurants: -1.70%

Top Sectors:
Precious Metals: 1.65%
Oil: 1.33%
Oil Service: 0.81%

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
Broke Triple Top: ENA - Enova Systems, Inc.


Broke Triple Top: MRTN - Marten Transport, LTD.


Bullish Catapult Signal: CEPH - Cephalon, Inc.


Breaking 90: WLL - Whiting Petroleum Corporation



Sell Signals:
Broke Triple Bottom: IIT - Perusahaan Indar Sat Adr


Bull Trap Sell Signal: AMKR - Amkor Technology, Inc.


Bull Trap Sell Signal: LEN-B - Lennar Corporation


Bull Trap Sell Signal: RVBD - Riverbed Technology, Inc.