Saturday, October 02, 2010

Weekly Stock Market Overview - 10/01/2010

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -30.58 points or -0.28%. The Standard & Poor's 500 Index dropped -2.43 points or -0.21%, while the Nasdaq Composite dropped -10.47 points or -0.44%. Read More ...

The Energy sector was the strongest sector (2.79%) last week followed by the Utilities sector (0.29%). The Consumer Discretionary sector was the worst performing sector (-0.74%) of the week followed by the Financial sector (-0.72%).

The Utilities sector is the most overvalued sector followed by Basic Materials, while Copper, Water Utilities, and Chemicals-Major Diversifd are among the most overvalued industries. The Services sector is the most oversold sector followed by Healthcare, while Publishing - Newspapers, Medical Appliances/Equip., and Food Wholesale are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
10.94% WAG Walgreen Co. Consumer Staples
8.11% PCS MetroPCS Communications Inc. Telecommunications Services
7.79% EQT EQT Corporation Utilities


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-12.86% MON Monsanto Co. Materials
-9.61% MTB M & T Bank Corp. Financials
-9.23% URBN Urban Outfitters Inc. Consumer Discretionary


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 69
Uptrend Support 7
Uptrend Exhaustion 19
Uptrend Broken Support 6
Downtrend Resistance 75
Oversold 1

Saturday, September 25, 2010

Weekly Stock Market Overview - 9/24/2010

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 252.41 points or 2.38%. The Standard & Poor's 500 Index gained 23.08 points or 2.05%, while the Nasdaq Composite gained 65.61 points or 2.83%. Read More ...

The Consumer Discretionary sector was the strongest sector (2.90%) last week followed by the Technology sector (2.62%). The Financial sector was the worst performing sector (-0.04%) of the week followed by the Consumer Staples sector (1.78%).

The Utilities sector is the most overvalued sector followed by Industrial Goods, while Farm/Construction Machnry, Water Utilities, and Electric Utilities are among the most overvalued industries. The Services sector is the most oversold sector followed by Basic Materials, while Publishing - Newspapers, Drugs Wholesale, and Specialty Retail Other are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
16.21% NVDA NVIDIA Corp. Information Technology
14.43% ODP Office Depot Consumer Discretionary
12.42% SHLD Sears Holdings Corporation Consumer Discretionary


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-18.01% ADBE Adobe Systems Information Technology
-8.17% IGT International Game Technology Consumer Discretionary
-6.95% IP International Paper Materials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 88
Uptrend Support 5
Uptrend Exhaustion 17
Uptrend Broken Support 1
Downtrend Resistance 76
Oversold 4

Friday, September 17, 2010

Weekly Stock Market Overview - 9/17/2010

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 192.61 points or 1.85%. The Standard & Poor's 500 Index gained 16.04 points or 1.45%, while the Nasdaq Composite gained 73.13 points or 3.26%. Read More ...

The Technology sector was the strongest sector (3.63%) last week followed by the Consumer Discretionary sector (1.42%). The Utilities sector was the worst performing sector (-1.88%) of the week followed by the Energy sector (-1.16%).

The Utilities sector is the most overvalued sector followed by Technology, while Security Software & Svcs, Long Distance Carriers, and Telecom Services/Domestic are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Services, while Specialty Retail Other, Drug Stores, and Publishing - Newspapers are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
15.37% JCP Penney (J.C.) Consumer Discretionary
10.87% NOVL Novell Inc. Information Technology
10.87% XRX Xerox Corp. Information Technology


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-7.31% COG Cabot Oil & Gas Corp. Energy
-6.97% CLF Cliffs Natural Resources Inc Materials
-5.97% MEE Massey Energy Co. Materials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 61
Uptrend Support 0
Uptrend Exhaustion 12
Uptrend Broken Support 3
Downtrend Resistance 98
Oversold 3

Sunday, September 12, 2010

More than a half of S&P 500 members are overbought

S&P 500 Trend Analysis - 9/10/2010

It was a second positive week after 3 consecutive negative weeks for the S&P 500 index (^GSPC). During the week, the ^GSPC climbed 5.04 points, or 0.46%, and closed at 1109.55 on Friday, September 10, 2010. Daily Williams' Percentage Range and Lane's Stochastic are strongly overbought. Weekly volume was 32% below average. Read More ...
S&P 500 - monthly trend
Technical Stock Market Timing System


The S&P 500 monthly trend has started on April 26, 2010 and is forming a triangle chart pattern. Price is near the trend resistance. ^GSPC has a Downtrend Resistance alert.

More than a half of S&P 500 members have an overbought daily Lane's Stochastic and almost a half has an overbought daily Williams' Percentage Range indicator. Read More ...

More than 10% of S&P 500 index members made a new 52-week high, but almost a half of them closed this week below the previous week's close. This event is called a "buying climax". Read More ...

The S&P 500 members MACD bullish/bearish divergence ratio is 1/3. That means that three times more S&P 500 members have MACD bearish divergence than bullish divergence. The Lane's stochastic bullish/bearish divergence ratio is 3/8. Read More ...

All above technical indicators are bearish. S&P 500 index downtrend may resume soon.



Presented by www.thegreedytrader.com Research Group.

Friday, September 10, 2010

Weekly Stock Market Overview - 9/10/2010

It was a mixed week for the major markets. For the week the Dow Jones Industrial Average dropped -32.69 points or -0.31%. The Standard & Poor's 500 Index gained 5.04 points or 0.46%, while the Nasdaq Composite gained 8.73 points or 0.39%. Read More ...
The Health Care sector was the strongest sector (2.06%) last week followed by the Industrial sector (0.90%). The Utilities sector was the worst performing sector (-0.57%) of the week followed by the Consumer Discretionary sector (0.03%).

The Basic Materials sector is the most overvalued sector followed by Industrial Goods, while Agricultural Chemicals, Copper, and Farm/Construction Machnry are among the most overvalued industries. The Technology sector is the most oversold sector followed by Healthcare, while Semiconductr-Memory Chips, Information Technlgy Svcs, and Semiconductor Equip/Matrl are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
11.81% JDSU JDS Uniphase Corp Information Technology
9.29% ORCL Oracle Corp. Information Technology
9.19% ADBE Adobe Systems Information Technology


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-8.90% NSM National Semiconductor Information Technology
-8.77% HAR Harman Int'l Consumer Discretionary
-7.75% WHR Whirlpool Corp. Consumer Discretionary


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 45
Uptrend Support 1
Uptrend Exhaustion 6
Uptrend Broken Support 2
Downtrend Resistance 103
Oversold 1

Friday, September 03, 2010

Weekly Stock Market Overview - 9/3/2010

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 297.28 points or 2.93%. The Standard & Poor's 500 Index gained 39.92 points or 3.75%, while the Nasdaq Composite gained 80.12 points or 3.72%. Read More ...
The Financial sector was the strongest sector (5.75%) last week followed by the Consumer Discretionary sector (5.18%). The Utilities sector was the worst performing sector (1.54%) of the week followed by the Health Care sector (2.10%).
The Utilities sector is the most overvalued sector followed by Services, while Auto Dealerships, Diversified Utilities, and Auto Parts Wholesale are among the most overvalued industries. The Industrial Goods sector is the most oversold sector followed by Healthcare, while Lumber Wood Production, General Contractors, and Heavy Construction are among the most oversold industries.
Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
13.09% DF Dean Foods Consumer Staples
12.29% ODP Office Depot Consumer Discretionary
11.48% MWW Monster Worldwide Industrials

Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-4.86% BF-B Brown-Forman Corp. Consumer Staples
-3.36% CPB Campbell Soup Consumer Staples
-2.55% BSX Boston Scientific Health Care

Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 38
Uptrend Support 0
Uptrend Exhaustion 7
Uptrend Broken Support 0
Downtrend Resistance 49
Oversold 2

Friday, August 27, 2010

Weekly Stock Market Overview - 8/27/2010

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -62.97 points or -0.62%. The Standard & Poor's 500 Index dropped -7.10 points or -0.66%, while the Nasdaq Composite dropped -26.13 points or -1.20%. Read More ...

The Utilities sector was the strongest sector (2.20%) last week followed by the Consumer Staples sector (-0.15%). The Industrial sector was the worst performing sector (-1.47%) of the week followed by the Technology sector (-1.45%).

The Healthcare sector is the most overvalued sector followed by Financial, while REIT/Healthcare Facilities, Property Management, and REIT - Diversified are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Consumer Goods, while Photographic Equip/Supls, Appliances, and Home Furnishings/Fixtures are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
11.25% LNC Lincoln National Financials
10.68% WPO Washington Post Co. Consumer Discretionary
8.46% PLD ProLogis Financials


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-17.61% SNDK SanDisk Corp. Information Technology
-10.72% ODP Office Depot Consumer Discretionary
-9.70% MEE Massey Energy Co. Materials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 6
Downtrend Broken Resistance 38
Uptrend Support 33
Uptrend Exhaustion 0
Uptrend Broken Support 1
Downtrend Resistance 0
Oversold 70

Friday, August 20, 2010

Weekly Stock Market Overview - 8/20/2010

It was a mixed week for the major markets. For the week the Dow Jones Industrial Average dropped -89.53 points or -0.87%. The Standard & Poor's 500 Index dropped -7.56 points or -0.70%, while the Nasdaq Composite gained 6.28 points or 0.29%. Read More ...

The Materials sector was the strongest sector (0.61%) last week followed by the Consumer Discretionary sector (0.49%). The Energy sector was the worst performing sector (-2.17%) of the week followed by the Financial sector (-1.71%).

The Utilities sector is the most overvalued sector followed by Healthcare, while Diversified Utilities, Electric Utilities, and Biotechnology are among the most overvalued industries. The Services sector is the most oversold sector followed by Basic Materials, while Education & Training Services, Specialty Retail Other, and Drug Stores are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
15.66% INTU Intuit, Inc. Information Technology
11.83% SYMC Symantec Corp. Information Technology
8.70% EBAY eBay Inc. Consumer Discretionary


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-11.07% DV DeVry Inc. Industrials
-8.28% SVU Supervalu Inc. Consumer Staples
-7.45% SHLD Sears Holdings Corporation Consumer Discretionary


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 6
Downtrend Broken Resistance 38
Uptrend Support 40
Uptrend Exhaustion 1
Uptrend Broken Support 2
Downtrend Resistance 2
Oversold 52

Friday, August 13, 2010

Weekly Stock Market Overview - 8/13/2010

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -350.41 points or -3.29%. The Standard & Poor's 500 Index dropped -42.39 points or -3.78%, while the Nasdaq Composite dropped -114.99 points or -5.02%. Read More ...

The Utilities sector was the strongest sector (-0.94%) last week followed by the Consumer Staples sector (-1.07%). The Financial sector was the worst performing sector (-4.80%) of the week followed by the Industrial sector (-4.70%).

The Utilities sector is the most overvalued sector followed by Industrial Goods, while Farm/Construction Machnry, Electric Utilities, and Diversified Utilities are among the most overvalued industries. The Technology sector is the most oversold sector followed by Services, while Home Improvement Stores, Education & Training Services, and Semiconductr-Memory Chips are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
3.55% M Macy's Inc. Consumer Discretionary
2.78% CMS CMS Energy Utilities


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-13.09% JBL Jabil Circuit Information Technology
-12.89% AMD Advanced Micro Devices Information Technology
-12.78% TXT Textron Inc. Industrials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 7
Downtrend Broken Resistance 43
Uptrend Support 27
Uptrend Exhaustion 1
Uptrend Broken Support 0
Downtrend Resistance 6
Oversold 48

Friday, July 30, 2010

Weekly Stock Market Overview - 7/30/2010

It was a mixed week for the major markets. For the week the Dow Jones Industrial Average gained 41.32 points or 0.40%. The Standard & Poor's 500 Index dropped -1.06 points or -0.10%, while the Nasdaq Composite dropped -14.77 points or -0.65%. Read More ...

The Financial sector was the strongest sector (1.03%) last week followed by the Industrial sector (0.73%). The Technology sector was the worst performing sector (-1.22%) of the week followed by the Consumer Staples sector (-0.63%).

The Utilities sector is the most overvalued sector followed by Consumer Goods, while Cigarettes, Cleaning Products, and Beverages-Brewers are among the most overvalued industries. The Industrial Goods sector is the most oversold sector followed by Technology, while Heavy Construction, Processing Systems/Prods, and Residential Construction are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
14.98% CTXS Citrix Systems Information Technology
11.74% IPG Interpublic Group Consumer Discretionary
11.26% GENZ Genzyme Corp. Health Care


Weekly S&P 500 Loosers
Gains/Loses(%) Symbol Company Sector
-18.14% EK Eastman Kodak Consumer Discretionary
-16.91% LSI LSI Corporation Information Technology
-14.61% SYMC Symantec Corp. Information Technology


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 2
Downtrend Broken Resistance 34
Uptrend Support 10
Uptrend Exhaustion 0
Uptrend Broken Support 0
Downtrend Resistance 32
Oversold 20