Weekly Stock Market Overview - July 7, 2011

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 74.43 points or 0.59%. The Standard & Poor's 500 Index gained 4.13 points or 0.31%, while the Nasdaq Composite gained 43.78 points or 1.55%. Read More ...

The Technology sector was the strongest sector (1.34%) last week followed by the Materials sector (1.26%). The Financial sector was the worst performing sector (-1.09%) of the week followed by the Health Care sector (-0.50%).

The Basic Materials sector is the most overvalued sector followed by Conglomerates, while Specialty Chemicals, Agricultural Chemicals, and Chemicals-Major Diversifd are among the most overvalued industries. The Healthcare sector is the most oversold sector followed by Industrial Goods, while Heavy Construction, Metals Fabrication, and Industrial Equip/Componts are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%)	Symbol	Company	Sector
10.75%	URBN	Urban Outfitters Inc.	Consumer Discretionary
6.70%	TGT	Target Corp.	Consumer Discretionary
6.55%	KSS	Kohl's Corp.	Consumer Discretionary

Weekly S&P 500 Losers

Gains/Loses(%)	Symbol	Company	Sector
-7.25%	NWSA	News Corporation	Consumer Discretionary
-6.70%	SCHW	Charles Schwab	Financials
-6.29%	JDSU	JDS Uniphase Corp	Information Technology

Weekly S&P 500 Alerts

Stock Market Alerts	Count
Downtrend Exhaustion	0
Downtrend Broken Resistance	40
Uptrend Support	0
Uptrend Exhaustion	8
Uptrend Broken Support	1
Downtrend Resistance	58
Oversold	0

Weekly Stock Market Overview - July 1, 2011

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 648.19 points or 5.43%. The Standard & Poor's 500 Index gained 71.22 points or 5.61%, while the Nasdaq Composite gained 163.14 points or 6.15%. Read More ...

The Energy sector was the strongest sector (7.23%) last week followed by the Consumer Discretionary sector (6.55%). The Consumer Staples sector was the worst performing sector (2.81%) of the week followed by the Utilities sector (3.29%).

The Conglomerates sector is the most overvalued sector followed by Financial, while REIT - Industrial, Credit Services, and REIT - Residential are among the most overvalued industries. The Healthcare sector is the most oversold sector followed by Industrial Goods, while Heavy Construction, Metals Fabrication, and Hospitals are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%)	Symbol	Company	Sector
15.49%	EBAY	eBay Inc.	Consumer Discretionary
13.11%	NKE	NIKE Inc.	Consumer Discretionary
12.50%	COH	Coach, Inc.	Consumer Discretionary

Weekly S&P 500 Losers

Gains/Loses(%)	Symbol	Company	Sector
-33.50%	MRO	Marathon Oil Corp.	Energy
-1.48%	BBY	Best Buy Co., Inc.	Consumer Discretionary
-0.97%	MO	Altria Group, Inc.	Consumer Staples

Weekly S&P 500 Alerts

Stock Market Alerts	Count
Downtrend Exhaustion	0
Downtrend Broken Resistance	35
Uptrend Support	1
Uptrend Exhaustion	7
Uptrend Broken Support	0
Downtrend Resistance	30
Oversold	2

Weekly Stock Market Overview - June 24, 2011

It was a mixed week for the major markets. For the week the Dow Jones Industrial Average dropped -69.78 points or -0.58%. The Standard & Poor's 500 Index dropped -3.05 points or -0.24%, while the Nasdaq Composite gained 36.41 points or 1.39%. Read More ...

The Materials sector was the strongest sector (2.27%) last week followed by the Consumer Discretionary sector (1.45%). The Consumer Staples sector was the worst performing sector (-1.69%) of the week followed by the Energy sector (-1.05%).

The Financial sector is the most overvalued sector followed by Consumer Goods, while Processed/Packaged Goods, Dairy Products, and REIT - Industrial are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Services, while Specialty Retail Other, Technical Services, and Publishing - Newspapers are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%)	Symbol	Company	Sector
9.21%	TLAB	Tellabs, Inc.	Information Technology
9.14%	BIIB	BIOGEN IDEC INC	Health Care
8.85%	BBBY	Bed Bath & Beyond	Consumer Discretionary

Weekly S&P 500 Losers

Gains/Loses(%)	Symbol	Company	Sector
-7.92%	MU	Micron Technology	Information Technology
-7.34%	WAG	Walgreen Co.	Consumer Staples
-6.65%	FHN	First Horizon National	Financials

Weekly S&P 500 Alerts

Stock Market Alerts	Count
Downtrend Exhaustion	2
Downtrend Broken Resistance	4
Uptrend Support	12
Uptrend Exhaustion	2
Uptrend Broken Support	1
Downtrend Resistance	8
Oversold	17

Weekly Stock Market Overview - June 17, 2011

It was a mixed week for the major markets. For the week the Dow Jones Industrial Average gained 52.45 points or 0.44%. The Standard & Poor's 500 Index climbed 0.52 points or 0.04%, while the Nasdaq Composite dropped -27.25 points or -1.03%. Read More ...

The Consumer Staples sector was the strongest sector (0.73%) last week followed by the Industrial sector (0.68%). The Materials sector was the worst performing sector (-2.53%) of the week followed by the Energy sector (-2.24%).

The Healthcare sector is the most overvalued sector followed by Services, while Drug Manufacturers/Other, Jewelry Stores, and Health Care Plans are among the most overvalued industries. The Technology sector is the most oversold sector followed by Basic Materials, while Computer Peripherals, Semiconductor-Intgrtd Circ, and Networking & Commun Dvcs are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%)	Symbol	Company	Sector
14.61%	JCP	Penney (J.C.)	Consumer Discretionary
12.02%	ODP	Office Depot	Consumer Discretionary
11.98%	VFC	V.F. Corp.	Consumer Discretionary

Weekly S&P 500 Losers

Gains/Loses(%)	Symbol	Company	Sector
-11.73%	MCO	Moody's Corp	Financials
-8.04%	NBR	Nabors Industries Ltd.	Energy
-8.01%	JDSU	JDS Uniphase Corp	Information Technology

Weekly S&P 500 Alerts

Stock Market Alerts	Count
Downtrend Exhaustion	9
Downtrend Broken Resistance	6
Uptrend Support	64
Uptrend Exhaustion	0
Uptrend Broken Support	3
Downtrend Resistance	2
Oversold	60

Weekly Stock Market Overview - June 10, 2011

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -199.35 points or -1.64%. The Standard & Poor's 500 Index dropped -29.18 points or -2.24%, while the Nasdaq Composite dropped -89.05 points or -3.26%. Read More ...

The Utilities sector was the strongest sector (-0.66%) last week followed by the Health Care sector (-1.09%). The Technology sector was the worst performing sector (-3.01%) of the week followed by the Consumer Discretionary sector (-2.72%).

The Industrial Goods sector is the most overvalued sector followed by Conglomerates, while Waste Management, Conglomerates, and Aerospace/Defense-Maj Dvd are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Consumer Goods, while Housewares & Accessories, Recreational Vehicles, and Business Equipment are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%)	Symbol	Company	Sector
6.99%	SEE	Sealed Air Corp.(New)	Materials
4.74%	AIG	American Int'l. Group	Financials
4.44%	MCO	Moody's Corp	Financials

Weekly S&P 500 Losers

Gains/Loses(%)	Symbol	Company	Sector
-11.89%	ODP	Office Depot	Consumer Discretionary
-11.38%	PHM	Pulte Homes, Inc.	Consumer Discretionary
-11.20%	MAS	Masco Corp.	Industrials

Weekly S&P 500 Alerts

Stock Market Alerts	Count
Downtrend Exhaustion	14
Downtrend Broken Resistance	7
Uptrend Support	104
Uptrend Exhaustion	1
Uptrend Broken Support	2
Downtrend Resistance	0
Oversold	77

Weekly Stock Market Overview - June 3, 2011

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -290.32 points or -2.33%. The Standard & Poor's 500 Index dropped -30.94 points or -2.32%, while the Nasdaq Composite dropped -64.08 points or -2.29%. Read More ...

The Utilities sector was the strongest sector (-1.28%) last week followed by the Health Care sector (-1.40%). The Materials sector was the worst performing sector (-3.23%) of the week followed by the Industrial sector (-3.19%).

The Basic Materials sector is the most overvalued sector followed by Conglomerates, while Agricultural Chemicals, Oil & Gas Pipelines, and Specialty Chemicals are among the most overvalued industries. The Healthcare sector is the most oversold sector followed by Financial, while Money Center Banks, Investmnt Brokerage-Natl, and Life Insurance are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%)	Symbol	Company	Sector
14.47%	APOL	Apollo Group	Consumer Discretionary
11.61%	DV	DeVry Inc.	Industrials
3.33%	NYT	New York Times Cl. A	Consumer Discretionary

Weekly S&P 500 Losers

Gains/Loses(%)	Symbol	Company	Sector
-15.18%	NWL	Newell Rubbermaid Co.	Consumer Discretionary
-13.65%	SEE	Sealed Air Corp.(New)	Materials
-11.75%	SVU	Supervalu Inc.	Consumer Staples

Weekly S&P 500 Alerts

Stock Market Alerts	Count
Downtrend Exhaustion	9
Downtrend Broken Resistance	13
Uptrend Support	64
Uptrend Exhaustion	2
Uptrend Broken Support	3
Downtrend Resistance	3
Oversold	53

Weekly Stock Market Overview - May 27, 2011

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -70.46 points or -0.56%. The Standard & Poor's 500 Index dropped -2.17 points or -0.16%, while the Nasdaq Composite dropped -6.46 points or -0.23%. Read More ...

The Energy sector was the strongest sector (2.29%) last week followed by the Materials sector (2.18%). The Utilities sector was the worst performing sector (-1.49%) of the week followed by the Health Care sector (-0.97%).

The Basic Materials sector is the most overvalued sector followed by Utilities, while Water Utilities, Electric Utilities, and Agricultural Chemicals are among the most overvalued industries. The Technology sector is the most oversold sector followed by Services, while Computer Peripherals, Semiconductor-Intgrtd Circ, and Publishing - Periodicals are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%)	Symbol	Company	Sector
10.49%	TIF	Tiffany & Co.	Consumer Discretionary
8.98%	BRCM	Broadcom Corporation	Information Technology
7.89%	EP	El Paso Corp.	Energy

Weekly S&P 500 Losers

Gains/Loses(%)	Symbol	Company	Sector
-10.18%	CSC	Computer Sciences Corp.	Information Technology
-8.77%	MHS	Medco Health Solutions Inc.	Health Care
-8.11%	EK	Eastman Kodak	Consumer Discretionary

Weekly S&P 500 Alerts

Stock Market Alerts	Count
Downtrend Exhaustion	2
Downtrend Broken Resistance	16
Uptrend Support	23
Uptrend Exhaustion	6
Uptrend Broken Support	3
Downtrend Resistance	5
Oversold	29

Weekly Stock Market Overview - May 20, 2011

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -83.71 points or -0.66%. The Standard & Poor's 500 Index dropped -4.50 points or -0.34%, while the Nasdaq Composite dropped -25.15 points or -0.89%. Read More ...

The Energy sector was the strongest sector (1.14%) last week followed by the Consumer Staples sector (0.65%). The Technology sector was the worst performing sector (-1.10%) of the week followed by the Industrial sector (-0.82%).

The Healthcare sector is the most overvalued sector followed by Industrial Goods, while Drug Manufacturers/Other, Health Care Plans, and Drug Manufacturers/Major are among the most overvalued industries. The Conglomerates sector is the most oversold sector followed by Basic Materials, while Copper, Oil & Gas Equipment/Svcs, and Industrial Metals/Mineral are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%)	Symbol	Company	Sector
23.33%	EK	Eastman Kodak	Consumer Discretionary
7.79%	MAS	Masco Corp.	Industrials
7.25%	S	Sprint Nextel Corp.	Telecommunications Services

Weekly S&P 500 Losers

Gains/Loses(%)	Symbol	Company	Sector
-19.16%	SPLS	Staples Inc.	Consumer Discretionary
-16.62%	GPS	Gap (The)	Consumer Discretionary
-13.56%	ODP	Office Depot	Consumer Discretionary

Weekly S&P 500 Alerts

Stock Market Alerts	Count
Downtrend Exhaustion	4
Downtrend Broken Resistance	13
Uptrend Support	29
Uptrend Exhaustion	30
Uptrend Broken Support	6
Downtrend Resistance	14
Oversold	21

Weekly Stock Market Overview - May 13, 2011

It was a mixed week for the major markets. For the week the Dow Jones Industrial Average dropped -42.99 points or -0.34%. The Standard & Poor's 500 Index dropped -2.43 points or -0.18%, while the Nasdaq Composite climbed 0.91 points or 0.03%. Read More ...

The Consumer Staples sector was the strongest sector (2.13%) last week followed by the Utilities sector (1.86%). The Financial sector was the worst performing sector (-2.11%) of the week followed by the Materials sector (-1.78%).

The Industrial Goods sector is the most overvalued sector followed by Healthcare, while Drug Manufacturers/Major, Health Care Plans, and Drug Manufacturers/Other are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Services, while Publishing - Periodicals, Publishing - Newspapers, and Regional Airlines are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%)	Symbol	Company	Sector
22.24%	DF	Dean Foods	Consumer Staples
11.47%	SYY	Sysco Corp.	Consumer Staples
9.13%	M	Macy's Inc.	Consumer Discretionary

Weekly S&P 500 Losers

Gains/Loses(%)	Symbol	Company	Sector
-11.40%	BSX	Boston Scientific	Health Care
-11.26%	YHOO	Yahoo Inc.	Information Technology
-8.24%	HRB	Block H & R	Consumer Discretionary

Weekly S&P 500 Alerts

Stock Market Alerts	Count
Downtrend Exhaustion	3
Downtrend Broken Resistance	12
Uptrend Support	27
Uptrend Exhaustion	37
Uptrend Broken Support	2
Downtrend Resistance	24
Oversold	16

Weekly Stock Market Overview - May 6, 2011

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -171.80 points or -1.34%. The Standard & Poor's 500 Index dropped -23.41 points or -1.72%, while the Nasdaq Composite dropped -45.98 points or -1.60%. Read More ...

The Health Care sector was the strongest sector (0.74%) last week followed by the Utilities sector (0.39%). The Energy sector was the worst performing sector (-7.06%) of the week followed by the Materials sector (-3.72%).

The Industrial Goods sector is the most overvalued sector followed by Utilities, while Water Utilities, Electric Utilities, and Waste Management are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Conglomerates, while Oil & Gas Equipment/Svcs, Copper, and Agricultural Chemicals are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%)	Symbol	Company	Sector
10.84%	NVLS	Novellus Systems	Information Technology
9.08%	M	Macy's Inc.	Consumer Discretionary
7.78%	ERTS	Electronic Arts	Information Technology

Weekly S&P 500 Losers

Gains/Loses(%)	Symbol	Company	Sector
-14.65%	CSC	Computer Sciences Corp.	Information Technology
-13.07%	HP	Helmerich & Payne	Energy
-12.86%	PXD	Pioneer Natural Resources Co.	Energy

Weekly S&P 500 Alerts

Stock Market Alerts	Count
Downtrend Exhaustion	2
Downtrend Broken Resistance	12
Uptrend Support	20
Uptrend Exhaustion	13
Uptrend Broken Support	1
Downtrend Resistance	17
Oversold	12