Friday, April 30, 2010

Weekly Stock Market Overview - 4/30/2010

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -195.67 points or -1.75%. The Standard & Poor's 500 Index dropped -30.60 points or -2.51%, while the Nasdaq Composite dropped -68.96 points or -2.73%. Read More ...

The Utilities sector was the strongest sector (-0.56%) last week followed by the Consumer Staples sector (-1.43%). The Financial sector was the worst performing sector (-3.70%) of the week followed by the Energy sector (-3.51%).

The Basic Materials sector is the most overvalued sector followed by Consumer Goods, while Home Furnishings/Fixtures, Trucks & Other Vehicles, and Housewares & Accessories are among the most overvalued industries. The Industrial Goods sector is the most oversold sector followed by Services, while Publishing - Books, Personal Services, and Education & Training Services are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
8.47% TLAB Tellabs, Inc. Information Technology
6.51% WHR Whirlpool Corp. Consumer Discretionary
5.62% ORLY O'Reilly Automotive Inc. Consumer Discretionary


Weekly S&P 500 Loosers
Gains/Loses(%) Symbol Company Sector
-24.00% HAR Harman Int'l Consumer Discretionary
-23.37% EK Eastman Kodak Consumer Discretionary
-18.82% ODP Office Depot Consumer Discretionary


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 1
Downtrend Broken Resistance 12
Uptrend Support 18
Uptrend Exhaustion 12
Uptrend Broken Support 13
Downtrend Resistance 5
Oversold 6

Friday, April 23, 2010

Weekly Stock Market Overview - 4/23/2010

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 185.62 points or 1.68%. The Standard & Poor's 500 Index gained 25.15 points or 2.11%, while the Nasdaq Composite gained 48.89 points or 1.97%. Read More ...

The Energy sector was the strongest sector (4.70%) last week followed by the Consumer Discretionary sector (3.78%). The Health Care sector was the worst performing sector (-0.89%) of the week followed by the Consumer Staples sector (0.43%).

The Financial sector is the most overvalued sector followed by Consumer Goods, while Confectioners, REIT - Hotel/Motel, and Recreational Vehicles are among the most overvalued industries. The Industrial Goods sector is the most oversold sector followed by Utilities, while Electric Utilities, Water Utilities, and Gas Utilities are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
28.96% HBAN Huntington Bancshares Financials
21.17% MI Marshall & Ilsley Corp. Financials
19.71% LEN Lennar Corp. Consumer Discretionary


Weekly S&P 500 Loosers
Gains/Loses(%) Symbol Company Sector
-16.55% BAX Baxter International Inc. Health Care
-10.51% QCOM QUALCOMM Inc. Information Technology
-9.77% KG King Pharmaceuticals Health Care


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 1
Downtrend Broken Resistance 21
Uptrend Support 5
Uptrend Exhaustion 90
Uptrend Broken Support 3
Downtrend Resistance 22
Oversold 4

Friday, April 16, 2010

Weekly Stock Market Overview - 4/16/2010

It was a mixed week for the major markets. For the week the Dow Jones Industrial Average gained 21.31 points or 0.19%. The Standard & Poor's 500 Index dropped -2.24 points or -0.19%, while the Nasdaq Composite gained 27.21 points or 1.11%. Read More ...

The Consumer Discretionary sector was the strongest sector (1.18%) last week followed by the Technology sector (1.06%). The Materials sector was the worst performing sector (-1.66%) of the week followed by the Health Care sector (-1.40%).

The Technology sector is the most overvalued sector followed by Financial, while Technical/System Software, Computer Peripherals, and REIT - Hotel/Motel are among the most overvalued industries. The Industrial Goods sector is the most oversold sector followed by Healthcare, while Drug Manufacturers/Major, Health Care Plans, and Medical Practitioners are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
10.88% GT Goodyear Tire & Rubber Consumer Discretionary
9.25% VMC Vulcan Materials Materials
9.25% DV DeVry Inc. Industrials


Weekly S&P 500 Loosers
Gains/Loses(%) Symbol Company Sector
-10.28% GS Goldman Sachs Group Financials
-9.52% MEE Massey Energy Co. Materials
-8.57% GWW Grainger (W.W.) Inc. Industrials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 1
Downtrend Broken Resistance 21
Uptrend Support 5
Uptrend Exhaustion 74
Uptrend Broken Support 8
Downtrend Resistance 37
Oversold 4

Friday, April 09, 2010

Weekly Stock Market Overview - 4/9/2010

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 70.28 points or 0.64%. The Standard & Poor's 500 Index gained 16.27 points or 1.38%, while the Nasdaq Composite gained 51.47 points or 2.14%. Read More ...

The Financial sector was the strongest sector (2.87%) last week followed by the Consumer Discretionary sector (2.72%). The Health Care sector was the worst performing sector (-0.71%) of the week followed by the Consumer Staples sector (-0.25%).

The Basic Materials sector is the most overvalued sector followed by Conglomerates, while Conglomerates, Oil & Gas Pipelines, and Gold are among the most overvalued industries. The Industrial Goods sector is the most oversold sector followed by Healthcare, while Drug Manufacturers/Major, Medical Practitioners, and Health Care Plans are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
23.37% EK Eastman Kodak Consumer Discretionary
16.00% HOG HarleyDavidson Consumer Discretionary
11.81% AIG American Int'l. Group Financials


Weekly S&P 500 Loosers
Gains/Loses(%) Symbol Company Sector
-11.93% MEE Massey Energy Co. Materials
-10.12% FRX Forest Laboratories Health Care
-7.16% MWW Monster Worldwide Industrials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 29
Uptrend Support 5
Uptrend Exhaustion 67
Uptrend Broken Support 4
Downtrend Resistance 42
Oversold 3

Thursday, April 01, 2010

Weekly Stock Market Overview - 4/1/2010

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 76.71 points or 0.71%. The Standard & Poor's 500 Index gained 11.51 points or 0.99%, while the Nasdaq Composite gained 7.45 points or 0.31%. Read More ...

The Energy sector was the strongest sector (4.39%) last week followed by the Materials sector (2.46%). The Consumer Discretionary sector was the worst performing sector (0.03%) of the week followed by the Technology sector (0.26%).

The Consumer Goods sector is the most overvalued sector followed by Healthcare, while Meat Products, Confectioners, and Auto Parts are among the most overvalued industries. The Technology sector is the most oversold sector followed by Industrial Goods, while Long Distance Carriers, Information Technlgy Svcs, and General Contractors are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
11.94% PXD Pioneer Natural Resources Co. Energy
10.73% RDC Rowan Cos. Energy
10.03% SWN Southwestern Energy Co. Utilities


Weekly S&P 500 Loosers
Gains/Loses(%) Symbol Company Sector
-8.87% F Ford Motor Consumer Discretionary
-6.39% LEN Lennar Corp. Consumer Discretionary
-5.12% PHM Pulte Homes, Inc. Consumer Discretionary


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 23
Uptrend Support 5
Uptrend Exhaustion 21
Uptrend Broken Support 4
Downtrend Resistance 31
Oversold 2