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, July 18, 2014

Weekly Stock Market Overview - July 18, 2014

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 156.37 points or 0.92%. The Standard & Poor's 500 Index gained 10.65 points or 0.54%, while the Nasdaq Composite gained 16.66 points or 0.38%. Read More ...


The Technology Select Sector SPDR sector was the strongest sector (1.36%) last week followed by the Financial Select Sector SPDR sector (0.97%). The Health Care Select Sector SPDR sector was the worst performing sector (-0.34%) of the week followed by the Utilities Select Sector SPDR sector (-0.21%).


The Utilities sector is the most overvalued sector followed by Consumer Goods, while Beverages-Brewers, Auto Manufacturers/Major, and Paper & Paper Products are among the most overvalued industries. The Financial sector is the most oversold sector followed by Healthcare, while Regional-Pacific Banks, Regional-Southeast Banks, and REIT - Industrial are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
20.67% TWX Time Warner Inc. Consumer Discretionary
12.39% IGT International Game Technology Consumer Discretionary
7.84% INTC Intel Corp. Information Technology


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-9.96% SNDK SanDisk Corp. Information Technology
-7.49% MAT Mattel, Inc. Consumer Discretionary
-5.99% YUM Yum! Brands, Inc Consumer Discretionary


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 4
Downtrend Broken Resistance 13
Uptrend Support 32
Uptrend Exhaustion 7
Uptrend Broken Support 2
Downtrend Resistance 15
Oversold 5

Friday, July 11, 2014

Weekly Stock Market Overview - July 11, 2014

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -124.45 points or -0.73%. The Standard & Poor's 500 Index dropped -17.87 points or -0.90%, while the Nasdaq Composite dropped -70.43 points or -1.57%. Read More ...


The Utilities Select Sector SPDR sector was the strongest sector (0.78%) last week followed by the Consumer Staples Select Sector SPDR sector (0.38%). The Energy Select Sector SPDR sector was the worst performing sector (-1.98%) of the week followed by the Financial Select Sector SPDR sector (-1.52%).


The Healthcare sector is the most overvalued sector followed by Utilities, while Health Care Plans, Drug Delivery, and Medical Instruments/Supls are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Consumer Goods, while Appliances, Confectioners, and Recreational Goods Other are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
6.61% AA Alcoa Inc Materials
4.71% PETM PetSmart, Inc. Consumer Discretionary
4.54% ADM Archer-Daniels-Midland Consumer Staples


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-7.85% FAST Fastenal Co. Industrials
-6.88% BBY Best Buy Co., Inc. Consumer Discretionary
-6.26% MHK Mohawk Industries Consumer Discretionary


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 1
Downtrend Broken Resistance 16
Uptrend Support 21
Uptrend Exhaustion 13
Uptrend Broken Support 8
Downtrend Resistance 17
Oversold 1

Thursday, July 03, 2014

Weekly Stock Market Overview - July 3, 2014

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 216.42 points or 1.28%. The Standard & Poor's 500 Index gained 24.48 points or 1.25%, while the Nasdaq Composite gained 87.99 points or 2.00%. Read More ...


The Health Care Select Sector SPDR sector was the strongest sector (2.05%) last week followed by the Consumer Discretionary Select Sector SPDR sector (1.95%). The Utilities Select Sector SPDR sector was the worst performing sector (-3.21%) of the week followed by the Energy Select Sector SPDR sector (0.37%).


The Industrial Goods sector is the most overvalued sector followed by Financial, while Credit Services, Waste Management, and Small Tools & Accessories are among the most overvalued industries. The Consumer Goods sector is the most oversold sector followed by Healthcare, while Appliances, Confectioners, and Recreational Goods Other are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
12.21% REGN Regeneron Health Care
10.35% PETM PetSmart, Inc. Consumer Discretionary
7.05% MU Micron Technology Information Technology


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-6.39% EXC Exelon Corp. Utilities
-5.24% PEG Public Serv. Enterprise Inc. Utilities
-5.19% ETR Entergy Corp. Utilities


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 19
Uptrend Support 6
Uptrend Exhaustion 48
Uptrend Broken Support 2
Downtrend Resistance 38
Oversold 1

Friday, June 27, 2014

Weekly Stock Market Overview - June 27, 2014

It was a mixed week for the major markets. For the week the Dow Jones Industrial Average dropped -95.24 points or -0.56%. The Standard & Poor's 500 Index dropped -1.91 points or -0.10%, while the Nasdaq Composite gained 29.89 points or 0.68%. Read More ...


The Consumer Discretionary Select Sector SPDR sector was the strongest sector (1.04%) last week followed by the Utilities Select Sector SPDR sector (1.01%). The Industrial Select Sector SPDR sector was the worst performing sector (-1.33%) of the week followed by the Consumer Staples Select Sector SPDR sector (-1.25%).


The Industrial Goods sector is the most overvalued sector followed by Financial, while Lumber Wood Production, Waste Management, and Small Tools & Accessories are among the most overvalued industries. The Consumer Goods sector is the most oversold sector followed by Healthcare, while Confectioners, Appliances, and Recreational Goods Other are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
44.35% VRTX Vertex Pharmaceuticals Health Care
9.64% BBY Best Buy Co., Inc. Consumer Discretionary
8.24% SLB Schlumberger Ltd. Energy


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-9.92% VLO Valero Energy Energy
-8.96% DG Dollar General Consumer Discretionary
-7.02% TDC Teradata Corp. Telecommunications Services


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 2
Downtrend Broken Resistance 21
Uptrend Support 8
Uptrend Exhaustion 12
Uptrend Broken Support 1
Downtrend Resistance 18
Oversold 2

Friday, June 20, 2014

Weekly Stock Market Overview - June 20, 2014

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 171.34 points or 1.02%. The Standard & Poor's 500 Index gained 26.71 points or 1.38%, while the Nasdaq Composite gained 57.39 points or 1.33%. Read More ...


The Energy Select Sector SPDR sector was the strongest sector (2.55%) last week followed by the Utilities Select Sector SPDR sector (2.16%). The Technology Select Sector SPDR sector was the worst performing sector (-0.10%) of the week followed by the Consumer Discretionary Select Sector SPDR sector (0.44%).


The Basic Materials sector is the most overvalued sector followed by Utilities, while Oil & Gas Pipelines, Major Integrated Oil/Gas, and Specialty Chemicals are among the most overvalued industries. The Industrial Goods sector is the most oversold sector followed by Financial, while Heavy Construction, Metals Fabrication, and Textile Manufacturing are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
22.21% WMB Williams Cos. Energy
19.37% KMX Carmax Inc Consumer Discretionary
8.86% EW Edwards Lifesciences Corp Health Care


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-11.79% COH Coach, Inc. Consumer Discretionary
-11.61% VRTX Vertex Pharmaceuticals Health Care
-11.35% CAG ConAgra Foods, Inc. Consumer Staples


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 25
Uptrend Support 4
Uptrend Exhaustion 43
Uptrend Broken Support 6
Downtrend Resistance 40
Oversold 0

Sunday, June 15, 2014

Weekly Stock Market Overview - June 13, 2014

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -148.54 points or -0.88%. The Standard & Poor's 500 Index dropped -13.28 points or -0.68%, while the Nasdaq Composite dropped -10.75 points or -0.25%. Read More ...


The Energy Select Sector SPDR sector was the strongest sector (1.66%) last week followed by the Technology Select Sector SPDR sector (-0.16%). The Consumer Discretionary Select Sector SPDR sector was the worst performing sector (-1.69%) of the week followed by the Industrial Select Sector SPDR sector (-1.46%).


The Basic Materials sector is the most overvalued sector followed by Technology, while Semiconductr-Memory Chips, Personal Computers, and Multimedia/Graphics Sftwr are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Healthcare, while Drug Related Products, Water Utilities, and Diversified Utilities are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
26.78% IGT International Game Technology Consumer Discretionary
10.13% FDO Family Dollar Stores Consumer Discretionary
8.50% NFX Newfield Exploration Co Energy


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-11.69% TSN Tyson Foods Consumer Staples
-7.10% BCR Bard (C.R.) Inc. Health Care
-7.08% DAL Delta Airlines Industrials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 29
Uptrend Support 10
Uptrend Exhaustion 23
Uptrend Broken Support 0
Downtrend Resistance 30
Oversold 3

Friday, June 06, 2014

Weekly Stock Market Overview - June 6, 2014

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 207.11 points or 1.24%. The Standard & Poor's 500 Index gained 25.87 points or 1.34%, while the Nasdaq Composite gained 78.78 points or 1.86%. Read More ...


The Industrial Select Sector SPDR sector was the strongest sector (2.33%) last week followed by the Financial Select Sector SPDR sector (2.29%). The Consumer Staples Select Sector SPDR sector was the worst performing sector (0.42%) of the week followed by the Health Care Select Sector SPDR sector (0.62%).


The Services sector is the most overvalued sector followed by Consumer Goods, while Regional Airlines, Beverages-Brewers, and Drug Stores are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Technology, while Water Utilities, Internet Info. Providers, and Diversified Electronics are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
19.31% BRCM Broadcom Corporation Information Technology
8.75% PRU Prudential Financial Financials
8.45% MWV MeadWestvaco Corporation Materials


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-8.06% S Sprint Nextel Corp. Telecommunications Services
-7.65% CLF Cliffs Natural Resources Inc Materials
-5.78% NOV National Oilwell Varco, Inc. Energy


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 1
Downtrend Broken Resistance 31
Uptrend Support 4
Uptrend Exhaustion 49
Uptrend Broken Support 0
Downtrend Resistance 78
Oversold 1

Friday, May 30, 2014

Weekly Stock Market Overview - May 30, 2014

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 110.90 points or 0.67%. The Standard & Poor's 500 Index gained 23.04 points or 1.21%, while the Nasdaq Composite gained 56.81 points or 1.36%. Read More ...


The Utilities Select Sector SPDR sector was the strongest sector (2.35%) last week followed by the Consumer Staples Select Sector SPDR sector (1.72%). The Consumer Discretionary Select Sector SPDR sector was the worst performing sector (0.92%) of the week followed by the Industrial Select Sector SPDR sector (0.93%).


The Technology sector is the most overvalued sector followed by Consumer Goods, while Personal Computers, Beverages-Brewers, and Cigarettes are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Healthcare, while Drug Related Products, Water Utilities, and Drugs - Generic are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
11.77% BIG Big Lots, Inc. Consumer Discretionary
11.73% SHLD Sears Holdings Corporation Consumer Discretionary
7.85% EXC Exelon Corp. Utilities


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-6.16% BTU Peabody Energy Corp Materials
-5.02% SPG Simon Property Group, Inc Financials
-4.32% X United States Steel Corp. Materials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 2
Downtrend Broken Resistance 23
Uptrend Support 11
Uptrend Exhaustion 14
Uptrend Broken Support 1
Downtrend Resistance 45
Oversold 6

Friday, May 23, 2014

Weekly Stock Market Overview - May 23, 2014

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 114.96 points or 0.70%. The Standard & Poor's 500 Index gained 22.67 points or 1.21%, while the Nasdaq Composite gained 95.22 points or 2.33%. Read More ...


The Consumer Discretionary Select Sector SPDR sector was the strongest sector (2.09%) last week followed by the Technology Select Sector SPDR sector (1.80%). The Utilities Select Sector SPDR sector was the worst performing sector (-0.90%) of the week followed by the Consumer Staples Select Sector SPDR sector (0.00%).


The Industrial Goods sector is the most overvalued sector followed by Technology, while Personal Computers, Semiconductr-Memory Chips, and Telecom Services/Domestic are among the most overvalued industries. The Conglomerates sector is the most oversold sector followed by Consumer Goods, while Confectioners, Recreational Goods Other, and Textile-Apparel Footwr/Ac are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
7.73% JCI Johnson Controls Consumer Discretionary
7.72% DF Dean Foods Consumer Staples
6.75% TIF Tiffany & Co. Consumer Discretionary


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-12.01% SPLS Staples Inc. Consumer Discretionary
-10.14% URBN Urban Outfitters Inc. Consumer Discretionary
-8.36% BTU Peabody Energy Corp Materials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 2
Downtrend Broken Resistance 17
Uptrend Support 18
Uptrend Exhaustion 11
Uptrend Broken Support 6
Downtrend Resistance 29
Oversold 5

Friday, May 16, 2014

Weekly Stock Market Overview - May 16, 2014

It was a mixed week for the major markets. For the week the Dow Jones Industrial Average dropped -92.03 points or -0.55%. The Standard & Poor's 500 Index gave back -0.62 points or -0.03%, while the Nasdaq Composite gained 18.72 points or 0.46%. Read More ...


The Technology Select Sector SPDR sector was the strongest sector (0.96%) last week followed by the Health Care Select Sector SPDR sector (0.57%). The Financial Select Sector SPDR sector was the worst performing sector (-0.84%) of the week followed by the Consumer Staples Select Sector SPDR sector (-0.52%).


The Utilities sector is the most overvalued sector followed by Industrial Goods, while Small Tools & Accessories, Farm/Construction Machnry, and Electric Utilities are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Services, while Broadcasting - TV, Home Furnishing Stores, and Technical Services are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
14.77% JWN Nordstrom Consumer Discretionary
10.57% JCP Penney (J.C.) Consumer Discretionary
10.29% ADSK Autodesk, Inc. Information Technology


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-7.84% FOSL Fossil, Inc. Consumer Discretionary
-6.52% SHLD Sears Holdings Corporation Consumer Discretionary
-5.90% PCP Precision Castparts Industrials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 1
Downtrend Broken Resistance 11
Uptrend Support 21
Uptrend Exhaustion 8
Uptrend Broken Support 2
Downtrend Resistance 11
Oversold 7