Saturday, December 31, 2011

Weekly Stock Market Overview - Dec 30, 2011

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -76.44 points or -0.62%. The Standard & Poor's 500 Index dropped -7.73 points or -0.61%, while the Nasdaq Composite dropped -13.49 points or -0.52%. Read More ...

The Utilities sector was the strongest sector (0.50%) last week followed by the Consumer Staples sector (-0.25%). The Materials sector was the worst performing sector (-1.21%) of the week followed by the Financial sector (-1.14%).

The Healthcare sector is the most overvalued sector followed by Basic Materials, while Oil & Gas Pipelines, Drug Manufacturers/Major, and Medical Labs & Research are among the most overvalued industries. The Technology sector is the most oversold sector followed by Conglomerates, while Semiconductor-Intgrtd Circ, Information Technlgy Svcs, and Wireless Communications are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
6.24% PCS MetroPCS Communications Inc. Telecommunications Services
4.17% GILD Gilead Sciences Health Care
3.93% IGT International Game Technology Consumer Discretionary


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-30.69% SHLD Sears Holdings Corporation Consumer Discretionary
-10.50% CSC Computer Sciences Corp. Information Technology
-7.31% WHR Whirlpool Corp. Consumer Discretionary


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 2
Downtrend Broken Resistance 20
Uptrend Support 10
Uptrend Exhaustion 31
Uptrend Broken Support 7
Downtrend Resistance 48
Oversold 6

Friday, December 23, 2011

Weekly Stock Market Overview = Dec 23, 2011

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 427.61 points or 3.60%. The Standard & Poor's 500 Index gained 45.67 points or 3.74%, while the Nasdaq Composite gained 63.31 points or 2.48%. Read More ...

The Energy sector was the strongest sector (5.23%) last week followed by the Financial sector (4.86%). The Technology sector was the worst performing sector (2.32%) of the week followed by the Consumer Discretionary sector (3.38%).

The Healthcare sector is the most overvalued sector followed by Industrial Goods, while Residential Construction, Drug Manufacturers/Major, and Aerospace/Defense-Maj Dvd are among the most overvalued industries. The Technology sector is the most oversold sector followed by Financial, while Semiconductor-Intgrtd Circ, Wireless Communications, and Investmnt Brokerage-Natl are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
14.29% CTAS Cintas Corporation Industrials
12.90% DV DeVry Inc. Industrials
12.67% THC Tenet Healthcare Corp. Health Care


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-10.78% ORCL Oracle Corp. Information Technology
-6.14% BBBY Bed Bath & Beyond Consumer Discretionary
-5.78% EMR Emerson Electric Industrials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 33
Uptrend Support 9
Uptrend Exhaustion 5
Uptrend Broken Support 3
Downtrend Resistance 46
Oversold 5

Friday, December 16, 2011

Weekly Stock Market Overview - Dec 17, 2011

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -317.87 points or -2.61%. The Standard & Poor's 500 Index dropped -35.53 points or -2.83%, while the Nasdaq Composite dropped -91.52 points or -3.46%. Read More ...

The Health Care sector was the strongest sector (-1.21%) last week followed by the Utilities sector (-1.31%). The Energy sector was the worst performing sector (-5.77%) of the week followed by the Materials sector (-4.60%).

The Healthcare sector is the most overvalued sector followed by Industrial Goods, while Residential Construction, Drug Manufacturers/Major, and Heavy Construction are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Technology, while Semiconductor-Intgrtd Circ, Aluminum, and Wireless Communications are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
15.59% VMC Vulcan Materials Materials
7.92% NVLS Novellus Systems Information Technology


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-18.96% SHLD Sears Holdings Corporation Consumer Discretionary
-17.50% BBY Best Buy Co., Inc. Consumer Discretionary
-15.82% RSH RadioShack Corp. Consumer Discretionary


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 4
Downtrend Broken Resistance 26
Uptrend Support 35
Uptrend Exhaustion 1
Uptrend Broken Support 4
Downtrend Resistance 12
Oversold 18

Friday, December 09, 2011

Weekly Stock Market Overview - Dec. 9, 2011

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 164.84 points or 1.37%. The Standard & Poor's 500 Index gained 10.91 points or 0.88%, while the Nasdaq Composite gained 19.92 points or 0.76%. Read More ...

The Financial sector was the strongest sector (1.47%) last week followed by the Technology sector (1.17%). The Energy sector was the worst performing sector (-0.32%) of the week followed by the Materials sector (0.29%).

The Services sector is the most overvalued sector followed by Healthcare, while Home Improvement Stores, Electronics Wholesale, and Specialty Eateries are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Industrial Goods, while Waste Management, Lumber Wood Production, and Water Utilities are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
12.01% GCI Gannett Co. Consumer Discretionary
8.58% MWW Monster Worldwide Industrials
7.57% DF Dean Foods Consumer Staples


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-9.09% DRI Darden Restaurants Consumer Discretionary
-8.16% NFX Newfield Exploration Co Energy
-7.27% STI SunTrust Banks Financials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 1
Downtrend Broken Resistance 31
Uptrend Support 2
Uptrend Exhaustion 3
Uptrend Broken Support 0
Downtrend Resistance 23
Oversold 2

Friday, December 02, 2011

Weekly Stock Market Overview - Dec. 2, 2011

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 787.48 points or 7.01%. The Standard & Poor's 500 Index gained 85.61 points or 7.39%, while the Nasdaq Composite gained 185.42 points or 7.59%. Read More ...

The Energy sector was the strongest sector (10.32%) last week followed by the Financial sector (9.59%). The Utilities sector was the worst performing sector (3.95%) of the week followed by the Consumer Staples sector (4.51%).

The Healthcare sector is the most overvalued sector followed by Consumer Goods, while Meat Products, Textile-Apparel Footwr/Ac, and Housewares & Accessories are among the most overvalued industries. The Technology sector is the most oversold sector followed by Services, while Music & Video Stores, Wireless Communications, and Semiconductor-Intgrtd Circ are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
24.88% X United States Steel Corp. Materials
19.21% C Citigroup Inc. Financials
18.36% GT Goodyear Tire & Rubber Consumer Discretionary


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-8.08% HSP Hospira Inc. Health Care
-5.23% GLW Corning Inc. Information Technology
-2.73% TIF Tiffany & Co. Consumer Discretionary


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 61
Uptrend Support 3
Uptrend Exhaustion 3
Uptrend Broken Support 5
Downtrend Resistance 25
Oversold 1