Friday, August 09, 2013

Weekly Stock Market Overview - Aug. 9, 2013

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -232.85 points or -1.49%. The Standard & Poor's 500 Index dropped -18.25 points or -1.07%, while the Nasdaq Composite dropped -29.48 points or -0.80%. Read More ...

The Materials Select Sector SPDR sector was the strongest sector (0.90%) last week followed by the Consumer Staples Select Sector SPDR sector (-0.43%). The Financial Select Sector SPDR sector was the worst performing sector (-1.87%) of the week followed by the Industrial Select Sector SPDR sector (-1.13%).

The Consumer Goods sector is the most overvalued sector followed by Technology, while Printed Circuit Boards, Networking & Commun Dvcs, and Confectioners are among the most overvalued industries. The Services sector is the most oversold sector followed by Financial, while REIT/Healthcare Facilities, Management Services, and REIT - Retail are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
18.32% CLF Cliffs Natural Resources Inc Materials
13.38% HAR Harman Int'l Consumer Discretionary
11.04% BTU Peabody Energy Corp Materials


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-10.26% SHLD Sears Holdings Corporation Consumer Discretionary
-9.87% JCP Penney (J.C.) Consumer Discretionary
-9.00% PHM Pulte Homes, Inc. Consumer Discretionary


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 2
Downtrend Broken Resistance 17
Uptrend Support 11
Uptrend Exhaustion 22
Uptrend Broken Support 4
Downtrend Resistance 22
Oversold 5

Friday, August 02, 2013

Weekly Stock Market Overview - Aug. 2, 2013

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 99.53 points or 0.64%. The Standard & Poor's 500 Index gained 18.02 points or 1.07%, while the Nasdaq Composite gained 76.43 points or 2.12%. Read More ...

The Industrial Select Sector SPDR sector was the strongest sector (2.40%) last week followed by the Consumer Discretionary Select Sector SPDR sector (2.02%). The Health Care Select Sector SPDR sector was the worst performing sector (0.43%) of the week followed by the Energy Select Sector SPDR sector (0.47%).

The Utilities sector is the most overvalued sector followed by Consumer Goods, while Confectioners, Electronic Equipment, and Rubber & Plastics are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Services, while Gold, Industrial Metals/Mineral, and Aluminum are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
21.05% PBI Pitney-Bowes Industrials
20.44% RRD R.R. Donnelley & Son Industrials
17.08% PXD Pioneer Natural Resources Co. Energy


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-13.40% JCP Penney (J.C.) Consumer Discretionary
-9.89% COH Coach, Inc. Consumer Discretionary
-7.92% X United States Steel Corp. Materials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 3
Downtrend Broken Resistance 22
Uptrend Support 5
Uptrend Exhaustion 37
Uptrend Broken Support 1
Downtrend Resistance 28
Oversold 4

Friday, July 26, 2013

Weekly Stock Market Overview - July 26, 2013

It was a mixed week for the major markets. For the week the Dow Jones Industrial Average gained 15.09 points or 0.10%. The Standard & Poor's 500 Index gave back -0.44 points or -0.03%, while the Nasdaq Composite gained 25.55 points or 0.71%. Read More ...

The Health Care Select Sector SPDR sector was the strongest sector (1.13%) last week followed by the Technology Select Sector SPDR sector (0.91%). The Industrial Select Sector SPDR sector was the worst performing sector (-1.06%) of the week followed by the Energy Select Sector SPDR sector (-0.86%).

The Industrial Goods sector is the most overvalued sector followed by Services, while Aerospace/Defense-Maj Dvd, Specialty Eateries, and Publishing - Newspapers are among the most overvalued industries. The Financial sector is the most oversold sector followed by Utilities, while REIT/Healthcare Facilities, REIT - Retail, and REIT - Industrial are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
19.77% OKE ONEOK Inc. Utilities
13.34% BSX Boston Scientific Health Care
11.98% FLIR FLIR Systems Inc. Information Technology


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-18.97% BRCM Broadcom Corporation Information Technology
-15.50% PHM Pulte Homes, Inc. Consumer Discretionary
-13.05% CAM Cameron International Energy


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 25
Uptrend Support 6
Uptrend Exhaustion 17
Uptrend Broken Support 1
Downtrend Resistance 25
Oversold 4

Friday, July 19, 2013

Weekly Stock Market Overview - Jul 19, 2013

It was a mixed week for the major markets. For the week the Dow Jones Industrial Average gained 79.44 points or 0.51%. The Standard & Poor's 500 Index gained 11.90 points or 0.71%, while the Nasdaq Composite dropped -12.47 points or -0.35%. Read More ...

The Energy Select Sector SPDR sector was the strongest sector (2.21%) last week followed by the Industrial Select Sector SPDR sector (2.16%). The Technology Select Sector SPDR sector was the worst performing sector (-1.52%) of the week followed by the Consumer Discretionary Select Sector SPDR sector (-0.25%).

The Healthcare sector is the most overvalued sector followed by Consumer Goods, while Health Care Plans, Drug Delivery, and Electronic Equipment are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Financial, while REIT/Healthcare Facilities, REIT - Retail, and REIT - Industrial are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
10.95% JCI Johnson Controls Consumer Discretionary
8.20% MU Micron Technology Information Technology
7.68% SLB Schlumberger Ltd. Energy


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-11.97% MSFT Microsoft Corp. Information Technology
-9.98% MAT Mattel, Inc. Consumer Discretionary
-8.51% EBAY eBay Inc. Consumer Discretionary


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 24
Uptrend Support 2
Uptrend Exhaustion 44
Uptrend Broken Support 0
Downtrend Resistance 53
Oversold 0

Friday, July 12, 2013

Weekly Stock Market Overview - July 12, 2013

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 328.46 points or 2.17%. The Standard & Poor's 500 Index gained 48.30 points or 2.96%, while the Nasdaq Composite gained 120.70 points or 3.47%. Read More ...

The Utilities Select Sector SPDR sector was the strongest sector (4.72%) last week followed by the Consumer Staples Select Sector SPDR sector (3.50%). The Technology Select Sector SPDR sector was the worst performing sector (2.41%) of the week followed by the Energy Select Sector SPDR sector (2.44%).

The Healthcare sector is the most overvalued sector followed by Financial, while Diversified Investments, Drug Delivery, and Health Care Plans are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Basic Materials, while Industrial Metals/Mineral, Gold, and Oil & Gas Pipelines are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
12.23% DHI D.R. Horton Consumer Discretionary
10.19% WAG Walgreen Co. Consumer Staples
9.68% LRCX Lam Research Corp Information Technology


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-11.32% MU Micron Technology Information Technology
-9.92% S Sprint Nextel Corp. Telecommunications Services
-8.47% NBR Nabors Industries Ltd. Energy


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 24
Uptrend Support 1
Uptrend Exhaustion 57
Uptrend Broken Support 1
Downtrend Resistance 49
Oversold 1

Saturday, July 06, 2013

Weekly Stock Market Overview - Jul 6, 2013

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 226.24 points or 1.52%. The Standard & Poor's 500 Index gained 25.61 points or 1.59%, while the Nasdaq Composite gained 76.13 points or 2.24%. Read More ...

The Consumer Discretionary Select Sector SPDR sector was the strongest sector (2.43%) last week followed by the Energy Select Sector SPDR sector (2.12%). The Utilities Select Sector SPDR sector was the worst performing sector (-1.94%) of the week followed by the Consumer Staples Select Sector SPDR sector (0.91%).

The Services sector is the most overvalued sector followed by Utilities, while Specialty Eateries, Electronics Stores, and Home Furnishing Stores are among the most overvalued industries. The Conglomerates sector is the most oversold sector followed by Industrial Goods, while Farm/Construction Machnry, General Contractors, and Lumber Wood Production are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
10.45% FHN First Horizon National Financials
8.82% ANF Abercrombie & Fitch Co. Consumer Discretionary
8.78% BBY Best Buy Co., Inc. Consumer Discretionary


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-7.25% NEM Newmont Mining Corp. (Hldg. Co.) Materials
-6.12% THC Tenet Healthcare Corp. Health Care


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 7
Downtrend Broken Resistance 15
Uptrend Support 14
Uptrend Exhaustion 12
Uptrend Broken Support 0
Downtrend Resistance 12
Oversold 7

Friday, June 28, 2013

Weekly Stock Market Overview - June 28, 2013

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 110.20 points or 0.74%. The Standard & Poor's 500 Index gained 13.85 points or 0.87%, while the Nasdaq Composite gained 46.00 points or 1.37%. Read More ...

The Utilities Select Sector SPDR sector was the strongest sector (2.98%) last week followed by the Consumer Discretionary Select Sector SPDR sector (2.46%). The Materials Select Sector SPDR sector was the worst performing sector (-1.13%) of the week followed by the Energy Select Sector SPDR sector (0.17%).

The Services sector is the most overvalued sector followed by Industrial Goods, while Aerospace/Defense-Maj Dvd, Electronics Stores, and Specialty Eateries are among the most overvalued industries. The Conglomerates sector is the most oversold sector followed by Consumer Goods, while Dairy Products, Home Furnishings/Fixtures, and Beverages-Brewers are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
10.16% THC Tenet Healthcare Corp. Health Care
10.12% HSP Hospira Inc. Health Care
9.27% HAR Harman Int'l Consumer Discretionary


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-9.26% WAG Walgreen Co. Consumer Staples
-9.13% AGN Allergan, Inc. Health Care
-8.50% BTU Peabody Energy Corp Materials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 6
Downtrend Broken Resistance 12
Uptrend Support 22
Uptrend Exhaustion 1
Uptrend Broken Support 2
Downtrend Resistance 0
Oversold 9

Friday, June 21, 2013

Weekly Stock Market Overview - Jul 21, 2013

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -270.78 points or -1.80%. The Standard & Poor's 500 Index dropped -34.30 points or -2.11%, while the Nasdaq Composite dropped -66.31 points or -1.94%. Read More ...

The Energy Select Sector SPDR sector was the strongest sector (-2.18%) last week followed by the Financial Select Sector SPDR sector (-2.23%). The Utilities Select Sector SPDR sector was the worst performing sector (-3.84%) of the week followed by the Materials Select Sector SPDR sector (-3.16%).

The Industrial Goods sector is the most overvalued sector followed by Technology, while Processing Systems/Prods, Semiconductr-Memory Chips, and Aerospace/Defense-Maj Dvd are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Basic Materials, while Oil & Gas Pipelines, Gold, and Industrial Metals/Mineral are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
8.93% MU Micron Technology Information Technology
5.28% FLIR FLIR Systems Inc. Information Technology
5.26% UNM UNM Group Financials


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-12.32% WHR Whirlpool Corp. Consumer Discretionary
-11.68% DHI D.R. Horton Consumer Discretionary
-10.76% ORCL Oracle Corp. Information Technology


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 4
Downtrend Broken Resistance 11
Uptrend Support 46
Uptrend Exhaustion 2
Uptrend Broken Support 3
Downtrend Resistance 0
Oversold 18

Friday, June 14, 2013

Weekly Stock Market Overview - Jun 14, 2013

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -177.94 points or -1.17%. The Standard & Poor's 500 Index dropped -16.65 points or -1.01%, while the Nasdaq Composite dropped -45.65 points or -1.32%. Read More ...

The Health Care Select Sector SPDR sector was the strongest sector (0.08%) last week followed by the Utilities Select Sector SPDR sector (0.08%). The Financial Select Sector SPDR sector was the worst performing sector (-2.10%) of the week followed by the Energy Select Sector SPDR sector (-1.72%).

The Utilities sector is the most overvalued sector followed by Industrial Goods, while Aerospace/Defense-Maj Dvd, Heavy Construction, and Small Tools & Accessories are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Technology, while Gold, Oil & Gas Pipelines, and Industrial Metals/Mineral are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
7.27% SWY Safeway Inc. Consumer Staples
5.36% RRD R.R. Donnelley & Son Industrials


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-10.46% BTU Peabody Energy Corp Materials
-7.62% EA Electronic Arts Information Technology
-7.21% JCP Penney (J.C.) Consumer Discretionary


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 1
Downtrend Broken Resistance 12
Uptrend Support 33
Uptrend Exhaustion 2
Uptrend Broken Support 4
Downtrend Resistance 8
Oversold 5

Friday, June 07, 2013

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 132.55 points or 0.88%. The Standard & Poor's 500 Index gained 12.64 points or 0.78%, while the Nasdaq Composite gained 13.30 points or 0.38%. Read More ...

The Consumer Staples Select Sector SPDR sector was the strongest sector (1.57%) last week followed by the Consumer Discretionary Select Sector SPDR sector (1.28%). The Materials Select Sector SPDR sector was the worst performing sector (-0.30%) of the week followed by the Technology Select Sector SPDR sector (0.22%).

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

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
8.52% YUM Yum! Brands, Inc Consumer Discretionary
8.30% MU Micron Technology Information Technology
7.56% JDSU JDS Uniphase Corp Information Technology


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-7.22% FAST Fastenal Co. Industrials
-5.93% LUK Leucadia National Corp. Financials
-5.88% RRD R.R. Donnelley & Son Industrials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 1
Downtrend Broken Resistance 13
Uptrend Support 48
Uptrend Exhaustion 1
Uptrend Broken Support 4
Downtrend Resistance 2
Oversold 4