Trend Rules

Stock market, S&P 500 index, SPY, QQQQ and Nasdaq trends and technical analysis including technical indicators, chart patterns, channeling, stock market timing, technical alerts and stock pick.

Friday, June 19, 2015

Weekly Stock Market Overview - June 19, 2015

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 117.11 points or 0.65%. The Standard & Poor's 500 Index gained 15.88 points or 0.76%, while the Nasdaq Composite gained 65.90 points or 1.30%. Read More ...


The Health Care Select Sector SPDR sector was the strongest sector (1.71%) last week followed by the Consumer Staples Select Sector SPDR sector (1.25%). The Energy Select Sector SPDR sector was the worst performing sector (-1.35%) of the week followed by the Financial Select Sector SPDR sector (-1.20%).


The Services sector is the most overvalued sector followed by Healthcare, while Music & Video Stores, Specialty Eateries, and Drug Delivery are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Utilities, while Aluminum, Industrial Metals/Mineral, and Water Utilities are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
13.80% CAG ConAgra Foods, Inc. Consumer Staples
13.07% CI CIGNA Corp. Health Care
9.43% EW Edwards Lifesciences Corp Health Care


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-6.71% NE Noble Corp Energy
-6.38% JBL Jabil Circuit Information Technology
-6.30% RIG Transocean Energy


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 2
Downtrend Broken Resistance 17
Uptrend Support 15
Uptrend Exhaustion 6
Uptrend Broken Support 3
Downtrend Resistance 25
Oversold 8

Friday, June 12, 2015

Weekly Stock Market Overview - June 12, 2015

It was a mixed week for the major markets. For the week the Dow Jones Industrial Average gained 49.38 points or 0.28%. The Standard & Poor's 500 Index gained 1.28 points or 0.06%, while the Nasdaq Composite dropped -17.36 points or -0.34%. Read More ...


The Financial Select Sector SPDR sector was the strongest sector (1.01%) last week followed by the Consumer Staples Select Sector SPDR sector (0.99%). The Energy Select Sector SPDR sector was the worst performing sector (-0.93%) of the week followed by the Technology Select Sector SPDR sector (-0.65%).


The Services sector is the most overvalued sector followed by Consumer Goods, while Music & Video Stores, Home Furnishings/Fixtures, and Rubber & Plastics are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Technology, while Water Utilities, Technical/System Software, and Semiconductr-Memory Chips are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
8.48% CTXS Citrix Systems Information Technology
7.80% LLY Lilly (Eli) & Co. Health Care
5.04% DRI Darden Restaurants Consumer Discretionary


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-20.94% BTU Peabody Energy Corp Materials
-9.11% NEM Newmont Mining Corp. (Hldg. Co.) Materials
-8.73% REGN Regeneron Health Care


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 6
Downtrend Broken Resistance 14
Uptrend Support 30
Uptrend Exhaustion 4
Uptrend Broken Support 5
Downtrend Resistance 7
Oversold 44

Friday, June 05, 2015

Weekly Stock Market Overview - June 5, 2015

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -161.22 points or -0.90%. The Standard & Poor's 500 Index dropped -14.56 points or -0.69%, while the Nasdaq Composite dropped -1.57 points or -0.03%. Read More ...


The Financial Select Sector SPDR sector was the strongest sector (0.77%) last week followed by the Consumer Discretionary Select Sector SPDR sector (0.29%). The Utilities Select Sector SPDR sector was the worst performing sector (-4.00%) of the week followed by the Consumer Staples Select Sector SPDR sector (-2.46%).


The Financial sector is the most overvalued sector followed by Services, while Music & Video Stores, Investmnt Brokerage-Natl, and Regional-Pacific Banks are among the most overvalued industries. The Healthcare sector is the most oversold sector followed by Utilities, while Water Utilities, Electric Utilities, and Diversified Utilities are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
10.25% ZION Zions Bancorp Financials
9.36% PVH PVH Corp. Consumer Discretionary
5.70% URBN Urban Outfitters Inc. Consumer Discretionary


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-10.83% PPL PPL Corp. Utilities
-7.60% INTC Intel Corp. Information Technology
-6.91% CMS CMS Energy Utilities


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 7
Downtrend Broken Resistance 14
Uptrend Support 54
Uptrend Exhaustion 2
Uptrend Broken Support 3
Downtrend Resistance 1
Oversold 46

Friday, May 29, 2015

Weekly Stock Market Overview - May 29, 2015

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -221.34 points or -1.21%. The Standard & Poor's 500 Index dropped -18.67 points or -0.88%, while the Nasdaq Composite dropped -19.33 points or -0.38%. Read More ...


The Health Care Select Sector SPDR sector was the strongest sector (-0.05%) last week followed by the Utilities Select Sector SPDR sector (-0.16%). The Energy Select Sector SPDR sector was the worst performing sector (-2.26%) of the week followed by the Industrial Select Sector SPDR sector (-1.92%).


The Industrial Goods sector is the most overvalued sector followed by Technology, while Small Tools & Accessories, Semiconductor-Intgrtd Circ, and Multimedia/Graphics Sftwr are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Utilities, while Water Utilities, Aluminum, and Industrial Metals/Mineral are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
20.30% BRCM Broadcom Corporation Information Technology
19.92% HUM Humana Inc. Health Care
7.85% TIF Tiffany & Co. Consumer Discretionary


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-9.45% FOSL Fossil, Inc. Consumer Discretionary
-8.56% RDC Rowan Cos. Energy
-6.89% BTU Peabody Energy Corp Materials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 7
Downtrend Broken Resistance 27
Uptrend Support 28
Uptrend Exhaustion 3
Uptrend Broken Support 4
Downtrend Resistance 9
Oversold 15

Friday, May 22, 2015

Weekly Stock Market Overview - May 22, 2015

It was a mixed week for the major markets. For the week the Dow Jones Industrial Average dropped -40.54 points or -0.22%. The Standard & Poor's 500 Index gained 3.33 points or 0.16%, while the Nasdaq Composite gained 41.07 points or 0.81%. Read More ...


The Health Care Select Sector SPDR sector was the strongest sector (0.97%) last week followed by the Technology Select Sector SPDR sector (0.67%). The Consumer Staples Select Sector SPDR sector was the worst performing sector (-1.01%) of the week followed by the Materials Select Sector SPDR sector (-0.76%).


The Industrial Goods sector is the most overvalued sector followed by Services, while Music & Video Stores, Small Tools & Accessories, and Aerospace/Defense-Prd/Svc are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Utilities, while Aluminum, Water Utilities, and Industrial Metals/Mineral are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
11.14% DGX Quest Diagnostics Health Care
7.16% THC Tenet Healthcare Corp. Health Care
7.03% NFX Newfield Exploration Co Energy


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-15.38% BTU Peabody Energy Corp Materials
-12.01% LUV Southwest Airlines Industrials
-12.00% URBN Urban Outfitters Inc. Consumer Discretionary


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 4
Downtrend Broken Resistance 21
Uptrend Support 10
Uptrend Exhaustion 7
Uptrend Broken Support 0
Downtrend Resistance 14
Oversold 9

Friday, May 15, 2015

Weekly Stock Market Overview -May 15, 2015

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 81.45 points or 0.45%. The Standard & Poor's 500 Index gained 6.63 points or 0.31%, while the Nasdaq Composite gained 44.74 points or 0.89%. Read More ...


The Consumer Staples Select Sector SPDR sector was the strongest sector (1.18%) last week followed by the Health Care Select Sector SPDR sector (1.10%). The Energy Select Sector SPDR sector was the worst performing sector (-1.33%) of the week followed by the Financial Select Sector SPDR sector (-0.24%).


The Healthcare sector is the most overvalued sector followed by Consumer Goods, while Rubber & Plastics, Processed/Packaged Goods, and Drug Delivery are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Utilities, while Aluminum, Water Utilities, and Industrial Metals/Mineral are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
24.30% PLL Pall Corp. Industrials
7.94% RIG Transocean Energy
7.20% X United States Steel Corp. Materials


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-11.29% IGT International Game Technology Consumer Discretionary
-10.97% KSS Kohl's Corp. Consumer Discretionary
-8.63% NBL Noble Energy, Inc. Energy


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 3
Downtrend Broken Resistance 26
Uptrend Support 14
Uptrend Exhaustion 7
Uptrend Broken Support 3
Downtrend Resistance 33
Oversold 11

Friday, May 08, 2015

Weekly Stock Market Overview - May 8, 2015

It was a mixed week for the major markets. For the week the Dow Jones Industrial Average gained 167.05 points or 0.93%. The Standard & Poor's 500 Index gained 7.81 points or 0.37%, while the Nasdaq Composite dropped -1.84 points or -0.04%. Read More ...


The Financial Select Sector SPDR sector was the strongest sector (1.73%) last week followed by the Health Care Select Sector SPDR sector (1.06%). The Energy Select Sector SPDR sector was the worst performing sector (-1.34%) of the week followed by the Utilities Select Sector SPDR sector (-0.99%).


The Services sector is the most overvalued sector followed by Conglomerates, while Music & Video Stores, Management Services, and Auto Parts Stores are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Basic Materials, while Aluminum, Electric Utilities, and Diversified Utilities are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
6.28% RDC Rowan Cos. Energy
4.56% X United States Steel Corp. Materials
4.30% EA Electronic Arts Information Technology


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-12.54% FTR Frontier Communications Telecommunications Services
-11.64% AVP Avon Products Consumer Staples
-11.60% WFM Whole Foods Market Consumer Staples


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 2
Downtrend Broken Resistance 29
Uptrend Support 14
Uptrend Exhaustion 3
Uptrend Broken Support 2
Downtrend Resistance 18
Oversold 7

Friday, May 01, 2015

Weekly Stock Market Overview - May 1, 2015

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -56.08 points or -0.31%. The Standard & Poor's 500 Index dropped -9.40 points or -0.44%, while the Nasdaq Composite dropped -86.69 points or -1.70%. Read More ...


The Materials Select Sector SPDR sector was the strongest sector (1.97%) last week followed by the Energy Select Sector SPDR sector (1.09%). The Health Care Select Sector SPDR sector was the worst performing sector (-2.30%) of the week followed by the Consumer Discretionary Select Sector SPDR sector (-1.65%).


The Utilities sector is the most overvalued sector followed by Conglomerates, while Gas Utilities, Water Utilities are among the most overvalued industries. The Industrial Goods sector is the most oversold sector followed by Healthcare, while Lumber Wood Production, Residential Construction, and Aerospace/Defense-Maj Dvd are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
14.82% RIG Transocean Energy
13.85% ESV Ensco plc Energy
13.64% FCX Freeport-McMoran Cp & Gld Materials


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-13.14% X United States Steel Corp. Materials
-12.83% HAR Harman Int'l Consumer Discretionary
-11.21% COH Coach, Inc. Consumer Discretionary


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 1
Downtrend Broken Resistance 31
Uptrend Support 35
Uptrend Exhaustion 2
Uptrend Broken Support 1
Downtrend Resistance 27
Oversold 16

Friday, April 24, 2015

Weekly Stock Market Overview - Apr. 24, 2015

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 253.84 points or 1.42%. The Standard & Poor's 500 Index gained 36.51 points or 1.75%, while the Nasdaq Composite gained 160.27 points or 3.25%. Read More ...


The Technology Select Sector SPDR sector was the strongest sector (4.00%) last week followed by the Consumer Discretionary Select Sector SPDR sector (3.19%). The Energy Select Sector SPDR sector was the worst performing sector (0.09%) of the week followed by the Consumer Staples Select Sector SPDR sector (0.26%).


The Industrial Goods sector is the most overvalued sector followed by Technology, while Aerospace/Defense-Prd/Svc, Printed Circuit Boards, and Heavy Construction are among the most overvalued industries. The Healthcare sector is the most oversold sector followed by Services, while Gaming Activities, Food Wholesale, and Auto Parts Wholesale are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
15.99% ATI Allegheny Technologies Inc Materials
15.03% MSFT Microsoft Corp. Information Technology
12.92% MAT Mattel, Inc. Consumer Discretionary


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-13.49% BTU Peabody Energy Corp Materials
-9.33% PHM Pulte Homes, Inc. Consumer Discretionary
-8.79% RIG Transocean Energy


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 25
Uptrend Support 18
Uptrend Exhaustion 13
Uptrend Broken Support 4
Downtrend Resistance 21
Oversold 3

Friday, April 10, 2015

Weekly Stock Market Overview - Apr. 10, 2015

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 294.41 points or 1.66%. The Standard & Poor's 500 Index gained 35.10 points or 1.70%, while the Nasdaq Composite gained 109.04 points or 2.23%. Read More ...


The Energy Select Sector SPDR sector was the strongest sector (3.11%) last week followed by the Health Care Select Sector SPDR sector (2.88%). The Financial Select Sector SPDR sector was the worst performing sector (0.12%) of the week followed by the Utilities Select Sector SPDR sector (0.25%).


The Basic Materials sector is the most overvalued sector followed by Healthcare, while Drug Delivery, Health Care Plans, and Medical Labs & Research are among the most overvalued industries. The Industrial Goods sector is the most oversold sector followed by Conglomerates, while Lumber Wood Production, Farm/Construction Machnry, and Metals Fabrication are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
21.27% PRGO Perrigo Co Health Care
20.91% MYL Mylan Inc. Health Care
14.31% GE General Electric Industrials


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-5.06% LEN Lennar Corp. Consumer Discretionary
-4.39% BBBY Bed Bath & Beyond Consumer Discretionary
-4.06% SPG Simon Property Group, Inc Financials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 2
Downtrend Broken Resistance 17
Uptrend Support 12
Uptrend Exhaustion 8
Uptrend Broken Support 2
Downtrend Resistance 25
Oversold 4