Weekly Stock Market Overview - May 31, 2013

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -187.53 points or -1.23%. The Standard & Poor's 500 Index dropped -18.86 points or -1.14%, while the Nasdaq Composite dropped -3.23 points or -0.09%. Read More ...

The Financial Select Sector SPDR sector was the strongest sector (0.56%) last week followed by the Technology Select Sector SPDR sector (-0.09%). The Consumer Staples Select Sector SPDR sector was the worst performing sector (-3.96%) of the week followed by the Utilities Select Sector SPDR sector (-2.96%).

The Services sector is the most overvalued sector followed by Technology, while Processing Systems/Prods, Computer Peripherals, and Semiconductr-Memory Chips are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Healthcare, while Water Utilities, Electric Utilities, and Diversified Utilities are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%)	Symbol	Company	Sector
7.23%	NEM	Newmont Mining Corp. (Hldg. Co.)	Materials
6.37%	MS	Morgan Stanley	Financials
6.02%	F	Ford Motor	Consumer Discretionary

Weekly S&P 500 Losers

Gains/Loses(%)	Symbol	Company	Sector
-11.44%	CLF	Cliffs Natural Resources Inc	Materials
-11.05%	BIG	Big Lots, Inc.	Consumer Discretionary
-9.55%	EXC	Exelon Corp.	Utilities

Weekly S&P 500 Alerts

Stock Market Alerts	Count
Downtrend Exhaustion	1
Downtrend Broken Resistance	8
Uptrend Support	33
Uptrend Exhaustion	7
Uptrend Broken Support	5
Downtrend Resistance	3
Oversold	2

Weekly Stock Market Overview - May 24, 2013

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -51.30 points or -0.33%. The Standard & Poor's 500 Index dropped -17.87 points or -1.07%, while the Nasdaq Composite dropped -39.83 points or -1.14%. Read More ...

The Health Care Select Sector SPDR sector was the strongest sector (0.04%) last week followed by the Energy Select Sector SPDR sector (-0.50%). The Utilities Select Sector SPDR sector was the worst performing sector (-3.70%) of the week followed by the Materials Select Sector SPDR sector (-1.67%).

The Consumer Goods sector is the most overvalued sector followed by Services, while Regional Airlines, Home Furnishing Stores, and Specialty Eateries are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Healthcare, while Water Utilities, Drug Manufacturers/Other, and Medical Instruments/Supls are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%)	Symbol	Company	Sector
13.82%	HPQ	Hewlett-Packard	Information Technology
9.47%	BMY	Bristol-Myers Squibb	Health Care
5.39%	JCP	Penney (J.C.)	Consumer Discretionary

Weekly S&P 500 Losers

Gains/Loses(%)	Symbol	Company	Sector
-12.64%	SHLD	Sears Holdings Corporation	Consumer Discretionary
-7.83%	SWY	Safeway Inc.	Consumer Staples
-7.78%	ANF	Abercrombie & Fitch Co.	Consumer Discretionary

Weekly S&P 500 Alerts

Stock Market Alerts	Count
Downtrend Exhaustion	0
Downtrend Broken Resistance	19
Uptrend Support	14
Uptrend Exhaustion	8
Uptrend Broken Support	4
Downtrend Resistance	6
Oversold	0

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 235.91 points or 1.56%. The Standard & Poor's 500 Index gained 33.77 points or 2.07%, while the Nasdaq Composite gained 62.39 points or 1.82%. Read More ...

The Financial Select Sector SPDR sector was the strongest sector (3.64%) last week followed by the Energy Select Sector SPDR sector (2.30%). The Utilities Select Sector SPDR sector was the worst performing sector (1.23%) of the week followed by the Consumer Discretionary Select Sector SPDR sector (1.37%).

The Services sector is the most overvalued sector followed by Consumer Goods, while Specialty Eateries, Electronics Stores, and Gaming Activities are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Technology, while Water Utilities, Information Technlgy Svcs, and Technical/System Software are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%)	Symbol	Company	Sector
14.88%	CSCO	Cisco Systems	Information Technology
14.71%	GT	Goodyear Tire & Rubber	Consumer Discretionary
13.56%	APOL	Apollo Group	Consumer Discretionary

Weekly S&P 500 Losers

Gains/Loses(%)	Symbol	Company	Sector
-12.07%	CLF	Cliffs Natural Resources Inc	Materials
-9.52%	CSC	Computer Sciences Corp.	Information Technology
-7.52%	NEM	Newmont Mining Corp. (Hldg. Co.)	Materials

Weekly S&P 500 Alerts

Stock Market Alerts	Count
Downtrend Exhaustion	2
Downtrend Broken Resistance	15
Uptrend Support	2
Uptrend Exhaustion	67
Uptrend Broken Support	4
Downtrend Resistance	26
Oversold	1

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 144.53 points or 0.97%. The Standard & Poor's 500 Index gained 19.28 points or 1.19%, while the Nasdaq Composite gained 57.95 points or 1.72%. Read More ...

The Industrial Select Sector SPDR sector was the strongest sector (2.52%) last week. The Utilities Select Sector SPDR sector was the worst performing sector (-2.59%) of the week.

The Consumer Goods sector is the most overvalued sector followed by Services, while Electronics Stores, Home Furnishing Stores, and Gaming Activities are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Healthcare, while Water Utilities, Drugs - Generic, and Medical Appliances/Equip. are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%)	Symbol	Company	Sector
25.20%	EA	Electronic Arts	Information Technology
18.18%	CLF	Cliffs Natural Resources Inc	Materials
12.36%	MU	Micron Technology	Information Technology

Weekly S&P 500 Losers

Gains/Loses(%)	Symbol	Company	Sector
-6.36%	ADBE	Adobe Systems	Information Technology
-5.86%	NI	NiSource Inc.	Utilities
-5.74%	CHRW	C.H. Robinson Worldwide	Industrials

Weekly S&P 500 Alerts

Stock Market Alerts	Count
Downtrend Exhaustion	1
Downtrend Broken Resistance	19
Uptrend Support	1
Uptrend Exhaustion	55
Uptrend Broken Support	3
Downtrend Resistance	38
Oversold	0

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 261.41 points or 1.78%. The Standard & Poor's 500 Index gained 32.18 points or 2.03%, while the Nasdaq Composite gained 99.37 points or 3.03%. Read More ...

The Technology Select Sector SPDR sector was the strongest sector (3.89%) last week followed by the 0 sector (XLE%). The Utilities Select Sector SPDR sector was the worst performing sector (-0.22%) of the week followed by the sector (XLV%).

The Technology sector is the most overvalued sector followed by Basic Materials, while Processing Systems/Prods, Diversified Commun Svcs, and Computer Peripherals are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Healthcare, while Water Utilities, Drugs - Generic, and Drug Delivery are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%)	Symbol	Company	Sector
36.36%	AMD	Advanced Micro Devices	Information Technology
14.96%	VMC	Vulcan Materials	Materials
13.84%	MCO	Moody's Corp	Financials

Weekly S&P 500 Losers

Gains/Loses(%)	Symbol	Company	Sector
-7.69%	VLO	Valero Energy	Energy
-7.32%	OKE	ONEOK Inc.	Utilities
-6.44%	AGN	Allergan, Inc.	Health Care

Weekly S&P 500 Alerts

Stock Market Alerts	Count
Downtrend Exhaustion	0
Downtrend Broken Resistance	22
Uptrend Support	4
Uptrend Exhaustion	42
Uptrend Broken Support	3
Downtrend Resistance	27
Oversold	1