Friday, January 30, 2015

Weekly Stock Market Overview - Jan. 30, 2015

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -507.65 points or -2.87%. The Standard & Poor's 500 Index dropped -56.83 points or -2.77%, while the Nasdaq Composite dropped -122.64 points or -2.58%. Read More ...


The Materials Select Sector SPDR sector was the strongest sector (-1.16%) last week followed by the Consumer Discretionary Select Sector SPDR sector (-1.33%). The Technology Select Sector SPDR sector was the worst performing sector (-3.74%) of the week followed by the Consumer Staples Select Sector SPDR sector (-3.28%).


The Basic Materials sector is the most overvalued sector followed by Financial, while REIT - Retail, Agricultural Chemicals, and REIT - Residential are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Technology, while Telecom Services/Domestic, Long Distance Carriers, and Data Storage Devices are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
27.64% HAR Harman Int'l Consumer Discretionary
18.76% X United States Steel Corp. Materials
11.63% MWV MeadWestvaco Corporation Materials


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-14.37% MSFT Microsoft Corp. Information Technology
-13.46% QCOM QUALCOMM Inc. Information Technology
-12.63% FCX Freeport-McMoran Cp & Gld Materials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 8
Downtrend Broken Resistance 15
Uptrend Support 45
Uptrend Exhaustion 5
Uptrend Broken Support 1
Downtrend Resistance 8
Oversold 32