Thursday, July 03, 2014

Weekly Stock Market Overview - July 3, 2014

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 216.42 points or 1.28%. The Standard & Poor's 500 Index gained 24.48 points or 1.25%, while the Nasdaq Composite gained 87.99 points or 2.00%. Read More ...


The Health Care Select Sector SPDR sector was the strongest sector (2.05%) last week followed by the Consumer Discretionary Select Sector SPDR sector (1.95%). The Utilities Select Sector SPDR sector was the worst performing sector (-3.21%) of the week followed by the Energy Select Sector SPDR sector (0.37%).


The Industrial Goods sector is the most overvalued sector followed by Financial, while Credit Services, Waste Management, and Small Tools & Accessories are among the most overvalued industries. The Consumer Goods sector is the most oversold sector followed by Healthcare, while Appliances, Confectioners, and Recreational Goods Other are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
12.21% REGN Regeneron Health Care
10.35% PETM PetSmart, Inc. Consumer Discretionary
7.05% MU Micron Technology Information Technology


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-6.39% EXC Exelon Corp. Utilities
-5.24% PEG Public Serv. Enterprise Inc. Utilities
-5.19% ETR Entergy Corp. Utilities


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 19
Uptrend Support 6
Uptrend Exhaustion 48
Uptrend Broken Support 2
Downtrend Resistance 38
Oversold 1