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

Weekly Stock Market Overview - Jan. 23, 2015

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 161.03 points or 0.92%. The Standard & Poor's 500 Index gained 32.40 points or 1.60%, while the Nasdaq Composite gained 123.50 points or 2.66%. Read More ...

The Technology Select Sector SPDR sector was the strongest sector (2.65%) last week followed by the Industrial Select Sector SPDR sector (2.29%). The Consumer Staples Select Sector SPDR sector was the worst performing sector (0.77%) of the week followed by the Health Care Select Sector SPDR sector (0.81%).

The Utilities sector is the most overvalued sector followed by Healthcare, while Drug Delivery, Medical Labs & Research, and Health Care Plans are among the most overvalued industries. The Financial sector is the most oversold sector followed by Services, while Technical Services, Gaming Activities, and Regional-Pacific Banks are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%) Symbol Company Sector 15.96% LUV Southwest Airlines Industrials 10.48% VLO Valero Energy Energy 10.30% DAL Delta Airlines Industrials

Weekly S&P 500 Losers

Gains/Loses(%) Symbol Company Sector -6.68% UPS United Parcel Service Industrials -6.50% X United States Steel Corp. Materials -5.97% DFS Discover Fincl. Svcs. Consumer Discretionary

Weekly S&P 500 Alerts

Stock Market Alerts Count Downtrend Exhaustion 7 Downtrend Broken Resistance 16 Uptrend Support 11 Uptrend Exhaustion 43 Uptrend Broken Support 3 Downtrend Resistance 15 Oversold 6

Weekly Stock Market Overview - Jan. 16, 2015

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -225.80 points or -1.27%. The Standard & Poor's 500 Index dropped -25.39 points or -1.24%, while the Nasdaq Composite dropped -69.69 points or -1.48%. Read More ...

The Utilities Select Sector SPDR sector was the strongest sector (2.62%) last week followed by the Consumer Staples Select Sector SPDR sector (0.33%). The Financial Select Sector SPDR sector was the worst performing sector (-2.61%) of the week followed by the Technology Select Sector SPDR sector (-2.11%).

The Utilities sector is the most overvalued sector followed by Healthcare, while Drug Delivery, Health Care Plans, and Medical Labs & Research are among the most overvalued industries. The Services sector is the most oversold sector followed by Basic Materials, while Copper, Industrial Metals/Mineral, and Oil & Gas Pipelines are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%) Symbol Company Sector 7.58% NEM Newmont Mining Corp. (Hldg. Co.) Materials 6.38% MHK Mohawk Industries Consumer Discretionary 5.63% NFX Newfield Exploration Co Energy

Weekly S&P 500 Losers

Gains/Loses(%) Symbol Company Sector -18.67% SNDK SanDisk Corp. Information Technology -17.95% FCX Freeport-McMoran Cp & Gld Materials -14.55% TIF Tiffany & Co. Consumer Discretionary

Weekly S&P 500 Alerts

Stock Market Alerts Count Downtrend Exhaustion 14 Downtrend Broken Resistance 11 Uptrend Support 48 Uptrend Exhaustion 15 Uptrend Broken Support 3 Downtrend Resistance 4 Oversold 26

Weekly Stock Market Overview - Jan. 9, 2015

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -95.62 points or -0.54%. The Standard & Poor's 500 Index dropped -13.39 points or -0.65%, while the Nasdaq Composite dropped -22.74 points or -0.48%. Read More ...

The Health Care Select Sector SPDR sector was the strongest sector (2.30%) last week followed by the Consumer Staples Select Sector SPDR sector (1.57%). The Energy Select Sector SPDR sector was the worst performing sector (-3.99%) of the week followed by the Financial Select Sector SPDR sector (-2.47%).

The Industrial Goods sector is the most overvalued sector followed by Healthcare, while General Building Matrials, Textile Manufacturing, and Drug Delivery are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Basic Materials, while Industrial Metals/Mineral, Copper, and Oil & Gas Pipelines are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%) Symbol Company Sector 10.82% BSX Boston Scientific Health Care 10.09% STZ Constellation Brands Consumer Staples 9.39% MRK Merck & Co. Health Care

Weekly S&P 500 Losers

Gains/Loses(%) Symbol Company Sector -12.42% OKE ONEOK Inc. Utilities -12.24% AVP Avon Products Consumer Staples -11.37% NBR Nabors Industries Ltd. Energy

Weekly S&P 500 Alerts

Stock Market Alerts Count Downtrend Exhaustion 11 Downtrend Broken Resistance 18 Uptrend Support 7 Uptrend Exhaustion 16 Uptrend Broken Support 4 Downtrend Resistance 4 Oversold 5

Weekly Stock Market Overview - Jan. 2, 2015

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -220.72 points or -1.22%. The Standard & Poor's 500 Index dropped -30.57 points or -1.46%, while the Nasdaq Composite dropped -80.05 points or -1.67%. Read More ...

The Energy Select Sector SPDR sector was the strongest sector (0.47%) last week followed by the Utilities Select Sector SPDR sector (0.47%). The Consumer Discretionary Select Sector SPDR sector was the worst performing sector (-0.72%) of the week followed by the Consumer Staples Select Sector SPDR sector (-0.29%).

The Financial sector is the most overvalued sector followed by Basic Materials, while REIT - Diversified, Regional-Southwest Banks, and REIT - Retail are among the most overvalued industries. The Industrial Goods sector is the most oversold sector followed by Technology, while Metals Fabrication, General Contractors, and Heavy Construction are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%) Symbol Company Sector 3.94% VRTX Vertex Pharmaceuticals Health Care 3.59% WFM Whole Foods Market Consumer Staples

Weekly S&P 500 Losers

Gains/Loses(%) Symbol Company Sector -5.23% SWN Southwestern Energy Co. Utilities -4.09% AAPL Apple Computer Information Technology -4.08% RIG Transocean Energy

Weekly S&P 500 Alerts

Stock Market Alerts Count Downtrend Exhaustion 7 Downtrend Broken Resistance 29 Uptrend Support 3 Uptrend Exhaustion 5 Uptrend Broken Support 2 Downtrend Resistance 19 Oversold 2