Friday, August 09, 2013

Weekly Stock Market Overview - Aug. 9, 2013

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -232.85 points or -1.49%. The Standard & Poor's 500 Index dropped -18.25 points or -1.07%, while the Nasdaq Composite dropped -29.48 points or -0.80%. Read More ...

The Materials Select Sector SPDR sector was the strongest sector (0.90%) last week followed by the Consumer Staples Select Sector SPDR sector (-0.43%). The Financial Select Sector SPDR sector was the worst performing sector (-1.87%) of the week followed by the Industrial Select Sector SPDR sector (-1.13%).

The Consumer Goods sector is the most overvalued sector followed by Technology, while Printed Circuit Boards, Networking & Commun Dvcs, and Confectioners are among the most overvalued industries. The Services sector is the most oversold sector followed by Financial, while REIT/Healthcare Facilities, Management Services, and REIT - Retail are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
18.32% CLF Cliffs Natural Resources Inc Materials
13.38% HAR Harman Int'l Consumer Discretionary
11.04% BTU Peabody Energy Corp Materials


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-10.26% SHLD Sears Holdings Corporation Consumer Discretionary
-9.87% JCP Penney (J.C.) Consumer Discretionary
-9.00% PHM Pulte Homes, Inc. Consumer Discretionary


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 2
Downtrend Broken Resistance 17
Uptrend Support 11
Uptrend Exhaustion 22
Uptrend Broken Support 4
Downtrend Resistance 22
Oversold 5