Friday, January 31, 2014

Weekly Stock Market Overview - Jan. 31, 2014

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -180.26 points or -1.14%. The Standard & Poor's 500 Index dropped -7.70 points or -0.43%, while the Nasdaq Composite dropped -24.29 points or -0.59%. Read More ...


The Utilities Select Sector SPDR sector was the strongest sector (2.95%) last week followed by the Health Care Select Sector SPDR sector (0.54%). The Consumer Staples Select Sector SPDR sector was the worst performing sector (-1.74%) of the week followed by the Energy Select Sector SPDR sector (-1.13%).


The Utilities sector is the most overvalued sector followed by Industrial Goods, while Residential Construction, General Contractors, and Aerospace/Defense-Prd/Svc are among the most overvalued industries. The Services sector is the most oversold sector followed by Financial, while Electronics Stores, Specialty Eateries, and Specialty Retail Other are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
16.36% PBI Pitney-Bowes Industrials
15.72% HAR Harman Int'l Consumer Discretionary
13.92% LXK Lexmark Int'l Inc Information Technology


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-13.18% NEM Newmont Mining Corp. (Hldg. Co.) Materials
-12.00% MAT Mattel, Inc. Consumer Discretionary
-11.64% JCP Penney (J.C.) Consumer Discretionary


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 15
Downtrend Broken Resistance 11
Uptrend Support 87
Uptrend Exhaustion 1
Uptrend Broken Support 3
Downtrend Resistance 6
Oversold 38

Friday, January 24, 2014

Weekly Stock Market Overview - Jan. 24, 2014

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -579.45 points or -3.52%. The Standard & Poor's 500 Index dropped -48.41 points or -2.63%, while the Nasdaq Composite dropped -69.41 points or -1.65%. Read More ...


The Utilities Select Sector SPDR sector was the strongest sector (-0.21%) last week followed by the Consumer Staples Select Sector SPDR sector (-1.40%). The Materials Select Sector SPDR sector was the worst performing sector (-4.49%) of the week followed by the Industrial Select Sector SPDR sector (-3.88%).


The Technology sector is the most overvalued sector followed by Industrial Goods, while Processing Systems/Prods, Technical/System Software, and Aerospace/Defense-Prd/Svc are among the most overvalued industries. The Financial sector is the most oversold sector followed by Utilities, while REIT - Industrial, REIT/Healthcare Facilities, and Prprty/Casualty Insurance are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
5.92% SWN Southwestern Energy Co. Utilities
5.52% COG Cabot Oil & Gas Corp. Energy
4.26% HSP Hospira Inc. Health Care


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-16.99% AMD Advanced Micro Devices Information Technology
-15.36% IGT International Game Technology Consumer Discretionary
-13.82% CLF Cliffs Natural Resources Inc Materials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 7
Downtrend Broken Resistance 10
Uptrend Support 31
Uptrend Exhaustion 2
Uptrend Broken Support 11
Downtrend Resistance 9
Oversold 20

Friday, January 17, 2014

Weekly Stock Market Overview - Jan. 17, 2014

It was a mixed week for the major markets. For the week the Dow Jones Industrial Average gained 21.51 points or 0.13%. The Standard & Poor's 500 Index dropped -3.67 points or -0.20%, while the Nasdaq Composite gained 22.91 points or 0.55%. Read More ...


The Technology Select Sector SPDR sector was the strongest sector (1.22%) last week followed by the Materials Select Sector SPDR sector (0.64%). The Consumer Discretionary Select Sector SPDR sector was the worst performing sector (-1.88%) of the week followed by the Energy Select Sector SPDR sector (-1.02%).


The Industrial Goods sector is the most overvalued sector followed by Technology, while Technical/System Software, Processing Systems/Prods, and Aerospace/Defense-Maj Dvd are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Financial, while REIT - Industrial, REIT/Healthcare Facilities, and Diversified Utilities are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
12.36% AA Alcoa Inc Materials
10.91% APOL Apollo Group Consumer Discretionary
10.21% NTAP NetApp, Inc. Information Technology


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-35.39% BBY Best Buy Co., Inc. Consumer Discretionary
-11.17% JCP Penney (J.C.) Consumer Discretionary
-9.08% SPLS Staples Inc. Consumer Discretionary


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 2
Downtrend Broken Resistance 13
Uptrend Support 20
Uptrend Exhaustion 26
Uptrend Broken Support 4
Downtrend Resistance 11
Oversold 10

Friday, January 03, 2014

Weekly Stock Market Overview - Jan. 3, 2014

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -106.67 points or -0.64%. The Standard & Poor's 500 Index dropped -16.99 points or -0.92%, while the Nasdaq Composite dropped -44.68 points or -1.07%. Read More ...


The Financial Select Sector SPDR sector was the strongest sector (0.14%) last week followed by the Health Care Select Sector SPDR sector (-0.32%). The Utilities Select Sector SPDR sector was the worst performing sector (-1.84%) of the week followed by the Energy Select Sector SPDR sector (-1.79%).


The Conglomerates sector is the most overvalued sector followed by Financial, while Investmnt Brokerage-Natl, Insurance Brokers, and Life Insurance are among the most overvalued industries. The Healthcare sector is the most oversold sector followed by Utilities, while Medical Labs & Research, Water Utilities, and Diversified Utilities are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
5.39% BAC Bank of America Corp. Financials
4.94% THC Tenet Healthcare Corp. Health Care
3.86% NEM Newmont Mining Corp. (Hldg. Co.) Materials


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-7.53% S Sprint Nextel Corp. Telecommunications Services
-5.93% SHLD Sears Holdings Corporation Consumer Discretionary
-4.48% JCP Penney (J.C.) Consumer Discretionary


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 18
Uptrend Support 2
Uptrend Exhaustion 43
Uptrend Broken Support 0
Downtrend Resistance 30
Oversold 2