Weekly Stock Market Overview - July 29. 2011

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -537.92 points or -4.24%. The Standard & Poor's 500 Index dropped -52.74 points or -3.92%, while the Nasdaq Composite dropped -102.45 points or -3.58%. Read More ...

The Utilities sector was the strongest sector (-1.92%) last week followed by the Consumer Staples sector (-2.87%). The Industrial sector was the worst performing sector (-5.84%) of the week followed by the Materials sector (-4.86%).

The Basic Materials sector is the most overvalued sector followed by Services, while Jewelry Stores, Specialty Eateries, and Home Furnishing Stores are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Industrial Goods, while Heavy Construction, Industrial Equip/Componts, and General Building Matrials are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%)	Symbol	Company	Sector
12.88%	LXK	Lexmark Int'l Inc	Information Technology
9.69%	LSI	LSI Corporation	Information Technology
6.18%	RSH	RadioShack Corp.	Consumer Discretionary

Weekly S&P 500 Losers

Gains/Loses(%)	Symbol	Company	Sector
-22.51%	IPG	Interpublic Group	Consumer Discretionary
-18.02%	S	Sprint Nextel Corp.	Telecommunications Services
-17.49%	BMC	BMC Software	Information Technology

Weekly S&P 500 Alerts

Stock Market Alerts	Count
Downtrend Exhaustion	10
Downtrend Broken Resistance	23
Uptrend Support	58
Uptrend Exhaustion	1
Uptrend Broken Support	0
Downtrend Resistance	2
Oversold	80

Weekly Stock Market Overview - July 22, 2011

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 201.43 points or 1.61%. The Standard & Poor's 500 Index gained 28.88 points or 2.19%, while the Nasdaq Composite gained 69.03 points or 2.47%. Read More ...

The Energy sector was the strongest sector (3.73%) last week followed by the Financial sector (3.16%). The Industrial sector was the worst performing sector (0.79%) of the week followed by the Materials sector (0.96%).

The Basic Materials sector is the most overvalued sector followed by Healthcare, while Drug Manufacturers/Other, Medical Practitioners, and Agricultural Chemicals are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Consumer Goods, while Appliances, Housewares & Accessories, and Auto Manufacturers/Major are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%)	Symbol	Company	Sector
22.15%	MHS	Medco Health Solutions Inc.	Health Care
20.53%	AMD	Advanced Micro Devices	Information Technology
15.64%	RHI	Robert Half International	Industrials

Weekly S&P 500 Losers

Gains/Loses(%)	Symbol	Company	Sector
-12.40%	EW	Edwards Lifesciences Corp	Health Care
-12.29%	AVY	Avery Dennison Corp.	Industrials
-11.87%	SWY	Safeway Inc.	Consumer Staples

Weekly S&P 500 Alerts

Stock Market Alerts	Count
Downtrend Exhaustion	2
Downtrend Broken Resistance	31
Uptrend Support	12
Uptrend Exhaustion	2
Uptrend Broken Support	0
Downtrend Resistance	28
Oversold	22

Weekly Stock Market Overview - July 15, 2011

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -177.47 points or -1.40%. The Standard & Poor's 500 Index dropped -27.66 points or -2.06%, while the Nasdaq Composite dropped -70.01 points or -2.45%. Read More ...

The Energy sector was the strongest sector (-0.04%) last week followed by the Utilities sector (-1.18%). The Financial sector was the worst performing sector (-3.95%) of the week followed by the Industrial sector (-3.38%).

The Healthcare sector is the most overvalued sector followed by Conglomerates, while Medical Practitioners, Drug Manufacturers/Other, and Health Care Plans are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Services, while Specialty Retail Other, Regional Airlines, and Personal Services are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%)	Symbol	Company	Sector
9.44%	CLX	Clorox Co.	Consumer Staples
8.24%	SWN	Southwestern Energy Co.	Utilities
7.74%	NBR	Nabors Industries Ltd.	Energy

Weekly S&P 500 Losers

Gains/Loses(%)	Symbol	Company	Sector
-15.49%	FLIR	FLIR Systems Inc.	Information Technology
-14.60%	MCHP	Microchip Technology	Information Technology
-11.34%	NVLS	Novellus Systems	Information Technology

Weekly S&P 500 Alerts

Stock Market Alerts	Count
Downtrend Exhaustion	5
Downtrend Broken Resistance	33
Uptrend Support	26
Uptrend Exhaustion	1
Uptrend Broken Support	1
Downtrend Resistance	13
Oversold	45

Weekly Stock Market Overview - July 7, 2011

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 74.43 points or 0.59%. The Standard & Poor's 500 Index gained 4.13 points or 0.31%, while the Nasdaq Composite gained 43.78 points or 1.55%. Read More ...

The Technology sector was the strongest sector (1.34%) last week followed by the Materials sector (1.26%). The Financial sector was the worst performing sector (-1.09%) of the week followed by the Health Care sector (-0.50%).

The Basic Materials sector is the most overvalued sector followed by Conglomerates, while Specialty Chemicals, Agricultural Chemicals, and Chemicals-Major Diversifd are among the most overvalued industries. The Healthcare sector is the most oversold sector followed by Industrial Goods, while Heavy Construction, Metals Fabrication, and Industrial Equip/Componts are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%)	Symbol	Company	Sector
10.75%	URBN	Urban Outfitters Inc.	Consumer Discretionary
6.70%	TGT	Target Corp.	Consumer Discretionary
6.55%	KSS	Kohl's Corp.	Consumer Discretionary

Weekly S&P 500 Losers

Gains/Loses(%)	Symbol	Company	Sector
-7.25%	NWSA	News Corporation	Consumer Discretionary
-6.70%	SCHW	Charles Schwab	Financials
-6.29%	JDSU	JDS Uniphase Corp	Information Technology

Weekly S&P 500 Alerts

Stock Market Alerts	Count
Downtrend Exhaustion	0
Downtrend Broken Resistance	40
Uptrend Support	0
Uptrend Exhaustion	8
Uptrend Broken Support	1
Downtrend Resistance	58
Oversold	0

Weekly Stock Market Overview - July 1, 2011

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 648.19 points or 5.43%. The Standard & Poor's 500 Index gained 71.22 points or 5.61%, while the Nasdaq Composite gained 163.14 points or 6.15%. Read More ...

The Energy sector was the strongest sector (7.23%) last week followed by the Consumer Discretionary sector (6.55%). The Consumer Staples sector was the worst performing sector (2.81%) of the week followed by the Utilities sector (3.29%).

The Conglomerates sector is the most overvalued sector followed by Financial, while REIT - Industrial, Credit Services, and REIT - Residential are among the most overvalued industries. The Healthcare sector is the most oversold sector followed by Industrial Goods, while Heavy Construction, Metals Fabrication, and Hospitals are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%)	Symbol	Company	Sector
15.49%	EBAY	eBay Inc.	Consumer Discretionary
13.11%	NKE	NIKE Inc.	Consumer Discretionary
12.50%	COH	Coach, Inc.	Consumer Discretionary

Weekly S&P 500 Losers

Gains/Loses(%)	Symbol	Company	Sector
-33.50%	MRO	Marathon Oil Corp.	Energy
-1.48%	BBY	Best Buy Co., Inc.	Consumer Discretionary
-0.97%	MO	Altria Group, Inc.	Consumer Staples

Weekly S&P 500 Alerts

Stock Market Alerts	Count
Downtrend Exhaustion	0
Downtrend Broken Resistance	35
Uptrend Support	1
Uptrend Exhaustion	7
Uptrend Broken Support	0
Downtrend Resistance	30
Oversold	2