Weekly Stock Market Overview - 9/24/2010

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 252.41 points or 2.38%. The Standard & Poor's 500 Index gained 23.08 points or 2.05%, while the Nasdaq Composite gained 65.61 points or 2.83%. Read More ...

The Consumer Discretionary sector was the strongest sector (2.90%) last week followed by the Technology sector (2.62%). The Financial sector was the worst performing sector (-0.04%) of the week followed by the Consumer Staples sector (1.78%).

The Utilities sector is the most overvalued sector followed by Industrial Goods, while Farm/Construction Machnry, Water Utilities, and Electric Utilities are among the most overvalued industries. The Services sector is the most oversold sector followed by Basic Materials, while Publishing - Newspapers, Drugs Wholesale, and Specialty Retail Other are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%)	Symbol	Company	Sector
16.21%	NVDA	NVIDIA Corp.	Information Technology
14.43%	ODP	Office Depot	Consumer Discretionary
12.42%	SHLD	Sears Holdings Corporation	Consumer Discretionary

Weekly S&P 500 Losers

Gains/Loses(%)	Symbol	Company	Sector
-18.01%	ADBE	Adobe Systems	Information Technology
-8.17%	IGT	International Game Technology	Consumer Discretionary
-6.95%	IP	International Paper	Materials

Weekly S&P 500 Alerts

Stock Market Alerts	Count
Downtrend Exhaustion	0
Downtrend Broken Resistance	88
Uptrend Support	5
Uptrend Exhaustion	17
Uptrend Broken Support	1
Downtrend Resistance	76
Oversold	4

Weekly Stock Market Overview - 9/17/2010

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 192.61 points or 1.85%. The Standard & Poor's 500 Index gained 16.04 points or 1.45%, while the Nasdaq Composite gained 73.13 points or 3.26%. Read More ...

The Technology sector was the strongest sector (3.63%) last week followed by the Consumer Discretionary sector (1.42%). The Utilities sector was the worst performing sector (-1.88%) of the week followed by the Energy sector (-1.16%).

The Utilities sector is the most overvalued sector followed by Technology, while Security Software & Svcs, Long Distance Carriers, and Telecom Services/Domestic are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Services, while Specialty Retail Other, Drug Stores, and Publishing - Newspapers are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%)	Symbol	Company	Sector
15.37%	JCP	Penney (J.C.)	Consumer Discretionary
10.87%	NOVL	Novell Inc.	Information Technology
10.87%	XRX	Xerox Corp.	Information Technology

Weekly S&P 500 Losers

Gains/Loses(%)	Symbol	Company	Sector
-7.31%	COG	Cabot Oil & Gas Corp.	Energy
-6.97%	CLF	Cliffs Natural Resources Inc	Materials
-5.97%	MEE	Massey Energy Co.	Materials

Weekly S&P 500 Alerts

Stock Market Alerts	Count
Downtrend Exhaustion	0
Downtrend Broken Resistance	61
Uptrend Support	0
Uptrend Exhaustion	12
Uptrend Broken Support	3
Downtrend Resistance	98
Oversold	3

More than a half of S&P 500 members are overbought

S&P 500 Trend Analysis - 9/10/2010

It was a second positive week after 3 consecutive negative weeks for the S&P 500 index (^GSPC). During the week, the ^GSPC climbed 5.04 points, or 0.46%, and closed at 1109.55 on Friday, September 10, 2010. Daily Williams' Percentage Range and Lane's Stochastic are strongly overbought. Weekly volume was 32% below average. Read More ...

S&P 500 - monthly trend

The S&P 500 monthly trend has started on April 26, 2010 and is forming a triangle chart pattern. Price is near the trend resistance. ^GSPC has a Downtrend Resistance alert. More than a half of S&P 500 members have an overbought daily Lane's Stochastic and almost a half has an overbought daily Williams' Percentage Range indicator. Read More ... More than 10% of S&P 500 index members made a new 52-week high, but almost a half of them closed this week below the previous week's close. This event is called a "buying climax". Read More ... The S&P 500 members MACD bullish/bearish divergence ratio is 1/3. That means that three times more S&P 500 members have MACD bearish divergence than bullish divergence. The Lane's stochastic bullish/bearish divergence ratio is 3/8. Read More ... All above technical indicators are bearish. S&P 500 index downtrend may resume soon.

Presented by www.thegreedytrader.com Research Group.

Weekly Stock Market Overview - 9/10/2010

It was a mixed week for the major markets. For the week the Dow Jones Industrial Average dropped -32.69 points or -0.31%. The Standard & Poor's 500 Index gained 5.04 points or 0.46%, while the Nasdaq Composite gained 8.73 points or 0.39%. Read More ...
The Health Care sector was the strongest sector (2.06%) last week followed by the Industrial sector (0.90%). The Utilities sector was the worst performing sector (-0.57%) of the week followed by the Consumer Discretionary sector (0.03%).

The Basic Materials sector is the most overvalued sector followed by Industrial Goods, while Agricultural Chemicals, Copper, and Farm/Construction Machnry are among the most overvalued industries. The Technology sector is the most oversold sector followed by Healthcare, while Semiconductr-Memory Chips, Information Technlgy Svcs, and Semiconductor Equip/Matrl are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%)	Symbol	Company	Sector
11.81%	JDSU	JDS Uniphase Corp	Information Technology
9.29%	ORCL	Oracle Corp.	Information Technology
9.19%	ADBE	Adobe Systems	Information Technology

Weekly S&P 500 Losers

Gains/Loses(%)	Symbol	Company	Sector
-8.90%	NSM	National Semiconductor	Information Technology
-8.77%	HAR	Harman Int'l	Consumer Discretionary
-7.75%	WHR	Whirlpool Corp.	Consumer Discretionary

Weekly S&P 500 Alerts

Stock Market Alerts	Count
Downtrend Exhaustion	0
Downtrend Broken Resistance	45
Uptrend Support	1
Uptrend Exhaustion	6
Uptrend Broken Support	2
Downtrend Resistance	103
Oversold	1

Weekly Stock Market Overview - 9/3/2010

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 297.28 points or 2.93%. The Standard & Poor's 500 Index gained 39.92 points or 3.75%, while the Nasdaq Composite gained 80.12 points or 3.72%. Read More ...
The Financial sector was the strongest sector (5.75%) last week followed by the Consumer Discretionary sector (5.18%). The Utilities sector was the worst performing sector (1.54%) of the week followed by the Health Care sector (2.10%).
The Utilities sector is the most overvalued sector followed by Services, while Auto Dealerships, Diversified Utilities, and Auto Parts Wholesale are among the most overvalued industries. The Industrial Goods sector is the most oversold sector followed by Healthcare, while Lumber Wood Production, General Contractors, and Heavy Construction are among the most oversold industries.
Weekly S&P 500 Winners

Gains/Loses(%)	Symbol	Company	Sector
13.09%	DF	Dean Foods	Consumer Staples
12.29%	ODP	Office Depot	Consumer Discretionary
11.48%	MWW	Monster Worldwide	Industrials

Weekly S&P 500 Losers

Gains/Loses(%)	Symbol	Company	Sector
-4.86%	BF-B	Brown-Forman Corp.	Consumer Staples
-3.36%	CPB	Campbell Soup	Consumer Staples
-2.55%	BSX	Boston Scientific	Health Care

Weekly S&P 500 Alerts

Stock Market Alerts	Count
Downtrend Exhaustion	0
Downtrend Broken Resistance	38
Uptrend Support	0
Uptrend Exhaustion	7
Uptrend Broken Support	0
Downtrend Resistance	49
Oversold	2