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, November 26, 2010

Weekly Stock Market Overview - 11/26/2010

It was a mixed week for the major markets. For the week the Dow Jones Industrial Average dropped -111.55 points or -1.00%. The Standard & Poor's 500 Index dropped -10.33 points or -0.86%, while the Nasdaq Composite gained 16.44 points or 0.65%. Read More ...

The Consumer Discretionary sector was the strongest sector (0.19%) last week followed by the Industrial sector (-0.18%). The Financial sector was the worst performing sector (-2.93%) of the week followed by the Energy sector (-1.70%).

The Consumer Goods sector is the most overvalued sector followed by Basic Materials, while Auto Parts, Textile-Apparel Footwr/Ac, and Trucks & Other Vehicles are among the most overvalued industries. The Services sector is the most oversold sector followed by Industrial Goods, while Education & Training Services, General Contractors, and Food Wholesale are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
16.72% MWW Monster Worldwide Industrials
12.43% SNDK SanDisk Corp. Information Technology
10.15% NYT New York Times Cl. A Consumer Discretionary


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-9.22% SVU Supervalu Inc. Consumer Staples
-7.98% ARG Airgas Inc. Materials
-5.67% AFL AFLAC Corporation Financials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 3
Downtrend Broken Resistance 26
Uptrend Support 32
Uptrend Exhaustion 15
Uptrend Broken Support 3
Downtrend Resistance 10
Oversold 18

Saturday, November 13, 2010

Weekly Stock Market Overview - 11/12/2010

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -251.50 points or -2.20%. The Standard & Poor's 500 Index dropped -26.64 points or -2.17%, while the Nasdaq Composite dropped -60.77 points or -2.36%. Read More ...

The Energy sector was the strongest sector (1.01%) last week followed by the Consumer Discretionary sector (-1.37%). The Financial sector was the worst performing sector (-4.11%) of the week followed by the Industrial sector (-3.05%).

The Basic Materials sector is the most overvalued sector followed by Conglomerates, while Major Integrated Oil/Gas, Agricultural Chemicals, and Copper are among the most overvalued industries. The Healthcare sector is the most oversold sector followed by Services, while Education & Training Services, Food Wholesale, and Publishing - Newspapers are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
12.22% HAL Halliburton Co. Energy
7.74% FO Fortune Brands, Inc. Consumer Discretionary
6.71% COG Cabot Oil & Gas Corp. Energy


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-26.82% DF Dean Foods Consumer Staples
-16.94% CSCO Cisco Systems Information Technology
-11.48% BA Boeing Company Industrials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 43
Uptrend Support 13
Uptrend Exhaustion 18
Uptrend Broken Support 1
Downtrend Resistance 21
Oversold 2

Friday, November 05, 2010

Weekly Stock Market Overview - 11/5/2010

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 325.59 points or 2.93%. The Standard & Poor's 500 Index gained 42.59 points or 3.60%, while the Nasdaq Composite gained 71.57 points or 2.85%. Read More ...

The Financial sector was the strongest sector (7.01%) last week followed by the Energy sector (5.18%). The Health Care sector was the worst performing sector (0.90%) of the week followed by the Utilities sector (1.04%).

The Utilities sector is the most overvalued sector followed by Technology, while Security Software & Svcs, Telecom Services/Domestic, and Technical/System Software are among the most overvalued industries. The Healthcare sector is the most oversold sector followed by Industrial Goods, while General Contractors, Medical Appliances/Equip., and Hospitals are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
18.87% HAR Harman Int'l Consumer Discretionary
16.30% NYT New York Times Cl. A Consumer Discretionary
16.11% VMC Vulcan Materials Materials


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-9.21% PWR Quanta Services Inc. Industrials
-7.43% EOG EOG Resources Energy
-6.85% MI Marshall & Ilsley Corp. Financials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 54
Uptrend Support 7
Uptrend Exhaustion 86
Uptrend Broken Support 4
Downtrend Resistance 62
Oversold 0