Friday, May 17, 2013

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 235.91 points or 1.56%. The Standard & Poor's 500 Index gained 33.77 points or 2.07%, while the Nasdaq Composite gained 62.39 points or 1.82%. Read More ...

The Financial Select Sector SPDR sector was the strongest sector (3.64%) last week followed by the Energy Select Sector SPDR sector (2.30%). The Utilities Select Sector SPDR sector was the worst performing sector (1.23%) of the week followed by the Consumer Discretionary Select Sector SPDR sector (1.37%).

The Services sector is the most overvalued sector followed by Consumer Goods, while Specialty Eateries, Electronics Stores, and Gaming Activities are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Technology, while Water Utilities, Information Technlgy Svcs, and Technical/System Software are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
14.88% CSCO Cisco Systems Information Technology
14.71% GT Goodyear Tire & Rubber Consumer Discretionary
13.56% APOL Apollo Group Consumer Discretionary


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-12.07% CLF Cliffs Natural Resources Inc Materials
-9.52% CSC Computer Sciences Corp. Information Technology
-7.52% NEM Newmont Mining Corp. (Hldg. Co.) Materials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 2
Downtrend Broken Resistance 15
Uptrend Support 2
Uptrend Exhaustion 67
Uptrend Broken Support 4
Downtrend Resistance 26
Oversold 1