Saturday, July 06, 2013

Weekly Stock Market Overview - Jul 6, 2013

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 226.24 points or 1.52%. The Standard & Poor's 500 Index gained 25.61 points or 1.59%, while the Nasdaq Composite gained 76.13 points or 2.24%. Read More ...

The Consumer Discretionary Select Sector SPDR sector was the strongest sector (2.43%) last week followed by the Energy Select Sector SPDR sector (2.12%). The Utilities Select Sector SPDR sector was the worst performing sector (-1.94%) of the week followed by the Consumer Staples Select Sector SPDR sector (0.91%).

The Services sector is the most overvalued sector followed by Utilities, while Specialty Eateries, Electronics Stores, and Home Furnishing Stores are among the most overvalued industries. The Conglomerates sector is the most oversold sector followed by Industrial Goods, while Farm/Construction Machnry, General Contractors, and Lumber Wood Production are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
10.45% FHN First Horizon National Financials
8.82% ANF Abercrombie & Fitch Co. Consumer Discretionary
8.78% BBY Best Buy Co., Inc. Consumer Discretionary


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-7.25% NEM Newmont Mining Corp. (Hldg. Co.) Materials
-6.12% THC Tenet Healthcare Corp. Health Care


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 7
Downtrend Broken Resistance 15
Uptrend Support 14
Uptrend Exhaustion 12
Uptrend Broken Support 0
Downtrend Resistance 12
Oversold 7