Friday, May 27, 2011

Weekly Stock Market Overview - May 27, 2011

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -70.46 points or -0.56%. The Standard & Poor's 500 Index dropped -2.17 points or -0.16%, while the Nasdaq Composite dropped -6.46 points or -0.23%. Read More ...

The Energy sector was the strongest sector (2.29%) last week followed by the Materials sector (2.18%). The Utilities sector was the worst performing sector (-1.49%) of the week followed by the Health Care sector (-0.97%).

The Basic Materials sector is the most overvalued sector followed by Utilities, while Water Utilities, Electric Utilities, and Agricultural Chemicals are among the most overvalued industries. The Technology sector is the most oversold sector followed by Services, while Computer Peripherals, Semiconductor-Intgrtd Circ, and Publishing - Periodicals are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
10.49% TIF Tiffany & Co. Consumer Discretionary
8.98% BRCM Broadcom Corporation Information Technology
7.89% EP El Paso Corp. Energy


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-10.18% CSC Computer Sciences Corp. Information Technology
-8.77% MHS Medco Health Solutions Inc. Health Care
-8.11% EK Eastman Kodak Consumer Discretionary


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 2
Downtrend Broken Resistance 16
Uptrend Support 23
Uptrend Exhaustion 6
Uptrend Broken Support 3
Downtrend Resistance 5
Oversold 29

Friday, May 20, 2011

Weekly Stock Market Overview - May 20, 2011

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -83.71 points or -0.66%. The Standard & Poor's 500 Index dropped -4.50 points or -0.34%, while the Nasdaq Composite dropped -25.15 points or -0.89%. Read More ...

The Energy sector was the strongest sector (1.14%) last week followed by the Consumer Staples sector (0.65%). The Technology sector was the worst performing sector (-1.10%) of the week followed by the Industrial sector (-0.82%).

The Healthcare sector is the most overvalued sector followed by Industrial Goods, while Drug Manufacturers/Other, Health Care Plans, and Drug Manufacturers/Major are among the most overvalued industries. The Conglomerates sector is the most oversold sector followed by Basic Materials, while Copper, Oil & Gas Equipment/Svcs, and Industrial Metals/Mineral are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
23.33% EK Eastman Kodak Consumer Discretionary
7.79% MAS Masco Corp. Industrials
7.25% S Sprint Nextel Corp. Telecommunications Services


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-19.16% SPLS Staples Inc. Consumer Discretionary
-16.62% GPS Gap (The) Consumer Discretionary
-13.56% ODP Office Depot Consumer Discretionary


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 4
Downtrend Broken Resistance 13
Uptrend Support 29
Uptrend Exhaustion 30
Uptrend Broken Support 6
Downtrend Resistance 14
Oversold 21

Friday, May 13, 2011

Weekly Stock Market Overview - May 13, 2011

It was a mixed week for the major markets. For the week the Dow Jones Industrial Average dropped -42.99 points or -0.34%. The Standard & Poor's 500 Index dropped -2.43 points or -0.18%, while the Nasdaq Composite climbed 0.91 points or 0.03%. Read More ...

The Consumer Staples sector was the strongest sector (2.13%) last week followed by the Utilities sector (1.86%). The Financial sector was the worst performing sector (-2.11%) of the week followed by the Materials sector (-1.78%).

The Industrial Goods sector is the most overvalued sector followed by Healthcare, while Drug Manufacturers/Major, Health Care Plans, and Drug Manufacturers/Other are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Services, while Publishing - Periodicals, Publishing - Newspapers, and Regional Airlines are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
22.24% DF Dean Foods Consumer Staples
11.47% SYY Sysco Corp. Consumer Staples
9.13% M Macy's Inc. Consumer Discretionary


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-11.40% BSX Boston Scientific Health Care
-11.26% YHOO Yahoo Inc. Information Technology
-8.24% HRB Block H & R Consumer Discretionary


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 3
Downtrend Broken Resistance 12
Uptrend Support 27
Uptrend Exhaustion 37
Uptrend Broken Support 2
Downtrend Resistance 24
Oversold 16

Friday, May 06, 2011

Weekly Stock Market Overview - May 6, 2011

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -171.80 points or -1.34%. The Standard & Poor's 500 Index dropped -23.41 points or -1.72%, while the Nasdaq Composite dropped -45.98 points or -1.60%. Read More ...

The Health Care sector was the strongest sector (0.74%) last week followed by the Utilities sector (0.39%). The Energy sector was the worst performing sector (-7.06%) of the week followed by the Materials sector (-3.72%).

The Industrial Goods sector is the most overvalued sector followed by Utilities, while Water Utilities, Electric Utilities, and Waste Management are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Conglomerates, while Oil & Gas Equipment/Svcs, Copper, and Agricultural Chemicals are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
10.84% NVLS Novellus Systems Information Technology
9.08% M Macy's Inc. Consumer Discretionary
7.78% ERTS Electronic Arts Information Technology


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-14.65% CSC Computer Sciences Corp. Information Technology
-13.07% HP Helmerich & Payne Energy
-12.86% PXD Pioneer Natural Resources Co. Energy


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 2
Downtrend Broken Resistance 12
Uptrend Support 20
Uptrend Exhaustion 13
Uptrend Broken Support 1
Downtrend Resistance 17
Oversold 12