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, January 23, 2015

Weekly Stock Market Overview - Jan. 23, 2015

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 161.03 points or 0.92%. The Standard & Poor's 500 Index gained 32.40 points or 1.60%, while the Nasdaq Composite gained 123.50 points or 2.66%. Read More ...


The Technology Select Sector SPDR sector was the strongest sector (2.65%) last week followed by the Industrial Select Sector SPDR sector (2.29%). The Consumer Staples Select Sector SPDR sector was the worst performing sector (0.77%) of the week followed by the Health Care Select Sector SPDR sector (0.81%).


The Utilities sector is the most overvalued sector followed by Healthcare, while Drug Delivery, Medical Labs & Research, and Health Care Plans are among the most overvalued industries. The Financial sector is the most oversold sector followed by Services, while Technical Services, Gaming Activities, and Regional-Pacific Banks are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
15.96% LUV Southwest Airlines Industrials
10.48% VLO Valero Energy Energy
10.30% DAL Delta Airlines Industrials


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-6.68% UPS United Parcel Service Industrials
-6.50% X United States Steel Corp. Materials
-5.97% DFS Discover Fincl. Svcs. Consumer Discretionary


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 7
Downtrend Broken Resistance 16
Uptrend Support 11
Uptrend Exhaustion 43
Uptrend Broken Support 3
Downtrend Resistance 15
Oversold 6

Friday, January 16, 2015

Weekly Stock Market Overview - Jan. 16, 2015

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -225.80 points or -1.27%. The Standard & Poor's 500 Index dropped -25.39 points or -1.24%, while the Nasdaq Composite dropped -69.69 points or -1.48%. Read More ...


The Utilities Select Sector SPDR sector was the strongest sector (2.62%) last week followed by the Consumer Staples Select Sector SPDR sector (0.33%). The Financial Select Sector SPDR sector was the worst performing sector (-2.61%) of the week followed by the Technology Select Sector SPDR sector (-2.11%).


The Utilities 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 Services sector is the most oversold sector followed by Basic Materials, while Copper, Industrial Metals/Mineral, and Oil & Gas Pipelines are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
7.58% NEM Newmont Mining Corp. (Hldg. Co.) Materials
6.38% MHK Mohawk Industries Consumer Discretionary
5.63% NFX Newfield Exploration Co Energy


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-18.67% SNDK SanDisk Corp. Information Technology
-17.95% FCX Freeport-McMoran Cp & Gld Materials
-14.55% TIF Tiffany & Co. Consumer Discretionary


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 14
Downtrend Broken Resistance 11
Uptrend Support 48
Uptrend Exhaustion 15
Uptrend Broken Support 3
Downtrend Resistance 4
Oversold 26

Friday, January 09, 2015

Weekly Stock Market Overview - Jan. 9, 2015

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -95.62 points or -0.54%. The Standard & Poor's 500 Index dropped -13.39 points or -0.65%, while the Nasdaq Composite dropped -22.74 points or -0.48%. Read More ...


The Health Care Select Sector SPDR sector was the strongest sector (2.30%) last week followed by the Consumer Staples Select Sector SPDR sector (1.57%). The Energy Select Sector SPDR sector was the worst performing sector (-3.99%) of the week followed by the Financial Select Sector SPDR sector (-2.47%).


The Industrial Goods sector is the most overvalued sector followed by Healthcare, while General Building Matrials, Textile Manufacturing, and Drug Delivery are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Basic Materials, while Industrial Metals/Mineral, Copper, and Oil & Gas Pipelines are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
10.82% BSX Boston Scientific Health Care
10.09% STZ Constellation Brands Consumer Staples
9.39% MRK Merck & Co. Health Care


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-12.42% OKE ONEOK Inc. Utilities
-12.24% AVP Avon Products Consumer Staples
-11.37% NBR Nabors Industries Ltd. Energy


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 11
Downtrend Broken Resistance 18
Uptrend Support 7
Uptrend Exhaustion 16
Uptrend Broken Support 4
Downtrend Resistance 4
Oversold 5

Sunday, January 04, 2015

Weekly Stock Market Overview - Jan. 2, 2015

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -220.72 points or -1.22%. The Standard & Poor's 500 Index dropped -30.57 points or -1.46%, while the Nasdaq Composite dropped -80.05 points or -1.67%. Read More ...


The Energy Select Sector SPDR sector was the strongest sector (0.47%) last week followed by the Utilities Select Sector SPDR sector (0.47%). The Consumer Discretionary Select Sector SPDR sector was the worst performing sector (-0.72%) of the week followed by the Consumer Staples Select Sector SPDR sector (-0.29%).


The Financial sector is the most overvalued sector followed by Basic Materials, while REIT - Diversified, Regional-Southwest Banks, and REIT - Retail are among the most overvalued industries. The Industrial Goods sector is the most oversold sector followed by Technology, while Metals Fabrication, General Contractors, and Heavy Construction are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%)SymbolCompanySector
3.94%VRTXVertex PharmaceuticalsHealth Care
3.59%WFMWhole Foods MarketConsumer Staples


Weekly S&P 500 Losers
Gains/Loses(%)SymbolCompanySector
-5.23%SWNSouthwestern Energy Co.Utilities
-4.09%AAPLApple ComputerInformation Technology
-4.08%RIGTransoceanEnergy


Weekly S&P 500 Alerts
Stock Market AlertsCount
Downtrend Exhaustion7
Downtrend Broken Resistance29
Uptrend Support3
Uptrend Exhaustion5
Uptrend Broken Support2
Downtrend Resistance19
Oversold2

Friday, December 26, 2014

Weekly Stock Market Overview - Dec. 26, 2014

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 248.91 points or 1.40%. The Standard & Poor's 500 Index gained 18.12 points or 0.88%, while the Nasdaq Composite gained 41.48 points or 0.87%. Read More ...


The Utilities Select Sector SPDR sector was the strongest sector (3.61%) last week followed by the Consumer Discretionary Select Sector SPDR sector (1.92%). The Health Care Select Sector SPDR sector was the worst performing sector (-1.82%) of the week followed by the Energy Select Sector SPDR sector (-0.57%).


The Utilities sector is the most overvalued sector followed by Basic Materials, while Diversified Utilities, Electric Utilities are among the most overvalued industries. The Industrial Goods sector is the most oversold sector followed by Conglomerates, while Metals Fabrication, General Contractors, and Heavy Construction are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
5.88% ESRX Express Scripts Health Care
5.64% NU Northeast Utilities Utilities
5.63% NI NiSource Inc. Utilities


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-13.52% GILD Gilead Sciences Health Care
-8.77% BTU Peabody Energy Corp Materials
-7.76% NBL Noble Energy, Inc. Energy


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 4
Downtrend Broken Resistance 29
Uptrend Support 2
Uptrend Exhaustion 70
Uptrend Broken Support 2
Downtrend Resistance 46
Oversold 1

Friday, December 19, 2014

Weekly Stock Market Overview - Dec. 19, 2014

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 523.97 points or 3.03%. The Standard & Poor's 500 Index gained 68.32 points or 3.41%, while the Nasdaq Composite gained 111.78 points or 2.40%. Read More ...


The Energy Select Sector SPDR sector was the strongest sector (8.85%) last week followed by the Materials Select Sector SPDR sector (4.32%). The Consumer Discretionary Select Sector SPDR sector was the worst performing sector (1.24%) of the week followed by the Consumer Staples Select Sector SPDR sector (1.48%).


The Basic Materials sector is the most overvalued sector followed by Healthcare, while Drug Delivery, Health Care Plans, and Medical Instruments/Supls are among the most overvalued industries. The Conglomerates sector is the most oversold sector followed by Utilities, while Gas Utilities, Water Utilities, and Conglomerates are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
36.30% NBR Nabors Industries Ltd. Energy
28.31% NE Noble Corp Energy
21.19% ESV Ensco plc Energy


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-5.06% MAT Mattel, Inc. Consumer Discretionary
-4.78% NUE Nucor Corp. Materials
-4.77% XLNX Xilinx, Inc Information Technology


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 1
Downtrend Broken Resistance 25
Uptrend Support 0
Uptrend Exhaustion 11
Uptrend Broken Support 2
Downtrend Resistance 7
Oversold 3

Friday, December 12, 2014

Weekly Stock Market Overview - Dec. 12, 2014

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -677.96 points or -3.78%. The Standard & Poor's 500 Index dropped -73.04 points or -3.52%, while the Nasdaq Composite dropped -127.15 points or -2.66%. Read More ...


The Utilities Select Sector SPDR sector was the strongest sector (0.09%) last week followed by the Consumer Staples Select Sector SPDR sector (-1.92%). The Energy Select Sector SPDR sector was the worst performing sector (-7.80%) of the week followed by the Materials Select Sector SPDR sector (-5.97%).


The Services sector is the most overvalued sector followed by Industrial Goods, while Major Airlines, Auto Parts Wholesale, and Auto Parts Stores are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Utilities, while Copper, Oil & Gas Drilling/Explor, and Independent Oil & Gas are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
14.57% SPLS Staples Inc. Consumer Discretionary
8.60% WAG Walgreen Co. Consumer Staples
5.00% ADBE Adobe Systems Information Technology


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-18.10% NBR Nabors Industries Ltd. Energy
-17.10% BTU Peabody Energy Corp Materials
-16.26% FCX Freeport-McMoran Cp & Gld Materials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 21
Downtrend Broken Resistance 16
Uptrend Support 16
Uptrend Exhaustion 5
Uptrend Broken Support 1
Downtrend Resistance 3
Oversold 20

Friday, December 05, 2014

Weekly Stock Market Overview - Dec. 5, 2014

It was a mixed week for the major markets. For the week the Dow Jones Industrial Average gained 130.55 points or 0.73%. The Standard & Poor's 500 Index gained 7.81 points or 0.38%, while the Nasdaq Composite dropped -10.88 points or -0.23%. Read More ...


The Financial Select Sector SPDR sector was the strongest sector (1.72%) last week followed by the Health Care Select Sector SPDR sector (1.70%). The Consumer Staples Select Sector SPDR sector was the worst performing sector (-0.91%) of the week followed by the Technology Select Sector SPDR sector (-0.87%).


The Industrial Goods sector is the most overvalued sector followed by Technology, while Multimedia/Graphics Sftwr, Semiconductor-Intgrtd Circ, and General Building Matrials are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Utilities, while Copper, Oil & Gas Drilling/Explor, and Gold are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
10.78% BIIB BIOGEN IDEC INC Health Care
7.78% THC Tenet Healthcare Corp. Health Care
6.20% EA Electronic Arts Information Technology


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-12.07% BTU Peabody Energy Corp Materials
-10.90% RIG Transocean Energy
-9.59% BBY Best Buy Co., Inc. Consumer Discretionary


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 11
Downtrend Broken Resistance 28
Uptrend Support 9
Uptrend Exhaustion 73
Uptrend Broken Support 0
Downtrend Resistance 31
Oversold 9

Friday, November 28, 2014

Weekly Stock Market Overview - Nov 28, 2014

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 18.18 points or 0.10%. The Standard & Poor's 500 Index gained 4.06 points or 0.20%, while the Nasdaq Composite gained 78.66 points or 1.67%. Read More ...


The Consumer Discretionary Select Sector SPDR sector was the strongest sector (2.45%) last week followed by the Technology Select Sector SPDR sector (1.97%). The Energy Select Sector SPDR sector was the worst performing sector (-9.81%) of the week followed by the Materials Select Sector SPDR sector (-2.98%).


The Technology sector is the most overvalued sector followed by Financial, while Personal Computers, Multimedia/Graphics Sftwr, and Semiconductor-Intgrtd Circ are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Utilities, while Copper, Gold, and Oil & Gas Drilling/Explor are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
9.99% LUV Southwest Airlines Industrials
8.31% DAL Delta Airlines Industrials
7.63% BDX Becton, Dickinson Health Care


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-22.47% NFX Newfield Exploration Co Energy
-22.41% NBR Nabors Industries Ltd. Energy
-18.97% RIG Transocean Energy


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 4
Downtrend Broken Resistance 41
Uptrend Support 3
Uptrend Exhaustion 58
Uptrend Broken Support 0
Downtrend Resistance 48
Oversold 6

Friday, November 21, 2014

Weekly Stock Market Overview - Nov. 21, 2014

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 175.32 points or 0.99%. The Standard & Poor's 500 Index gained 23.68 points or 1.16%, while the Nasdaq Composite gained 24.43 points or 0.52%. Read More ...


The Materials Select Sector SPDR sector was the strongest sector (2.80%) last week followed by the Energy Select Sector SPDR sector (2.66%). The Technology Select Sector SPDR sector was the worst performing sector (0.14%) of the week followed by the Financial Select Sector SPDR sector (0.62%).


The Financial sector is the most overvalued sector followed by Conglomerates, while Investmnt Brokerage-Regnl, REIT/Healthcare Facilities, and Property Management are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Services, while Gold, Copper, and Oil & Gas Drilling/Explor are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
9.92% BHI Baker Hughes Energy
9.73% ROST Ross Stores Consumer Discretionary
8.05% PETM PetSmart, Inc. Consumer Discretionary


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-8.08% HAL Halliburton Co. Energy
-4.28% X United States Steel Corp. Materials
-3.23% MSFT Microsoft Corp. Information Technology


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 3
Downtrend Broken Resistance 42
Uptrend Support 2
Uptrend Exhaustion 57
Uptrend Broken Support 0
Downtrend Resistance 65
Oversold 4