Friday, August 02, 2013

Weekly Stock Market Overview - Aug. 2, 2013

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 99.53 points or 0.64%. The Standard & Poor's 500 Index gained 18.02 points or 1.07%, while the Nasdaq Composite gained 76.43 points or 2.12%. Read More ...

The Industrial Select Sector SPDR sector was the strongest sector (2.40%) last week followed by the Consumer Discretionary Select Sector SPDR sector (2.02%). The Health Care Select Sector SPDR sector was the worst performing sector (0.43%) of the week followed by the Energy Select Sector SPDR sector (0.47%).

The Utilities sector is the most overvalued sector followed by Consumer Goods, while Confectioners, Electronic Equipment, and Rubber & Plastics are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Services, while Gold, Industrial Metals/Mineral, and Aluminum are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
21.05% PBI Pitney-Bowes Industrials
20.44% RRD R.R. Donnelley & Son Industrials
17.08% PXD Pioneer Natural Resources Co. Energy


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-13.40% JCP Penney (J.C.) Consumer Discretionary
-9.89% COH Coach, Inc. Consumer Discretionary
-7.92% X United States Steel Corp. Materials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 3
Downtrend Broken Resistance 22
Uptrend Support 5
Uptrend Exhaustion 37
Uptrend Broken Support 1
Downtrend Resistance 28
Oversold 4