Friday, February 24, 2012

Weekly Stock Market Overview - Feb 24, 2012

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 32.85 points or 0.25%. The Standard & Poor's 500 Index gained 4.51 points or 0.33%, while the Nasdaq Composite gained 11.97 points or 0.41%. Read More ...

The Energy sector was the strongest sector (1.82%) last week followed by the Technology sector (1.05%). The Financial sector was the worst performing sector (-0.81%) of the week followed by the Consumer Discretionary sector (-0.23%).

The Basic Materials sector is the most overvalued sector followed by Utilities, while Water Utilities, Agricultural Chemicals, and Chemicals-Major Diversifd are among the most overvalued industries. The Financial sector is the most oversold sector followed by Technology, while Internet Info. Providers, Telecom Services/Domestic, and Savings & Loans are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
25.27% SHLD Sears Holdings Corporation Consumer Discretionary
16.15% PCS MetroPCS Communications Inc. Telecommunications Services
7.39% S Sprint Nextel Corp. Telecommunications Services


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-12.86% NFX Newfield Exploration Co Energy
-9.97% HPQ Hewlett-Packard Information Technology
-8.88% RSH RadioShack Corp. Consumer Discretionary


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 38
Uptrend Support 7
Uptrend Exhaustion 40
Uptrend Broken Support 5
Downtrend Resistance 40
Oversold 3

Friday, February 17, 2012

Weekly Stock Market Overview - Feb 18, 2012

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 148.87 points or 1.16%. The Standard & Poor's 500 Index gained 18.59 points or 1.38%, while the Nasdaq Composite gained 47.90 points or 1.65%. Read More ...

The Energy sector was the strongest sector (2.51%) last week followed by the Technology sector (1.75%). The Utilities sector was the worst performing sector (0.72%) of the week followed by the Industrial sector (0.84%).

The Basic Materials sector is the most overvalued sector followed by Technology, while Personal Computers, Semiconductr-Memory Chips, and Printed Circuit Boards are among the most overvalued industries. The Conglomerates sector is the most oversold sector followed by Healthcare, while Drugs - Generic, Drug Manufacturers/Major, and Health Care Plans are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
18.32% FTR Frontier Communications Telecommunications Services
15.93% DVN Devon Energy Corp. Energy
14.63% SHLD Sears Holdings Corporation Consumer Discretionary


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-12.56% GILD Gilead Sciences Health Care
-9.29% CLF Cliffs Natural Resources Inc Materials
-7.32% SJM J.M. Smucker Co. Consumer Staples


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 46
Uptrend Support 6
Uptrend Exhaustion 63
Uptrend Broken Support 9
Downtrend Resistance 51
Oversold 0

Saturday, February 11, 2012

Weekly Stock Market Overview - Feb 10, 2012

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -61.00 points or -0.47%. The Standard & Poor's 500 Index dropped -2.26 points or -0.17%, while the Nasdaq Composite dropped -1.78 points or -0.06%. Read More ...

The Technology sector was the strongest sector (1.14%) last week followed by the Consumer Staples sector (0.40%). The Materials sector was the worst performing sector (-2.19%) of the week followed by the Financial sector (-1.15%).

The Basic Materials sector is the most overvalued sector followed by Services, while Lodging, Specialty Eateries, and Home Improvement Stores are among the most overvalued industries. The Healthcare sector is the most oversold sector followed by Industrial Goods, while Medical Practitioners, Drugs - Generic, and Health Care Plans are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
15.68% CSC Computer Sciences Corp. Information Technology
12.51% JDSU JDS Uniphase Corp Information Technology
11.50% HAR Harman Int'l Consumer Discretionary


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-10.42% FTR Frontier Communications Telecommunications Services
-8.84% X United States Steel Corp. Materials
-8.33% XL XL Capital Financials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 1
Downtrend Broken Resistance 48
Uptrend Support 9
Uptrend Exhaustion 34
Uptrend Broken Support 10
Downtrend Resistance 53
Oversold 3

Friday, February 03, 2012

Weekly Stock Market Overview - Feb 3, 2012

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 201.77 points or 1.59%. The Standard & Poor's 500 Index gained 28.57 points or 2.17%, while the Nasdaq Composite gained 89.11 points or 3.16%. Read More ...

The Financial sector was the strongest sector (4.28%) last week followed by the Technology sector (3.03%). The Utilities sector was the worst performing sector (0.29%) of the week followed by the Consumer Staples sector (0.81%).

The Technology sector is the most overvalued sector followed by Conglomerates, while Personal Computers, Semiconductr-Memory Chips, and Conglomerates are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Healthcare, while Gas Utilities, Medical Practitioners, and Diversified Utilities are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
25.75% WHR Whirlpool Corp. Consumer Discretionary
14.69% GPS Gap (The) Consumer Discretionary
13.63% LNC Lincoln National Financials


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-26.90% RSH RadioShack Corp. Consumer Discretionary
-14.23% ANF Abercrombie & Fitch Co. Consumer Discretionary
-9.79% TLAB Tellabs, Inc. Information Technology


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 1
Downtrend Broken Resistance 30
Uptrend Support 5
Uptrend Exhaustion 27
Uptrend Broken Support 2
Downtrend Resistance 71
Oversold 4