Friday, May 27, 2011

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

Friday, May 20, 2011

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

Friday, May 13, 2011

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

Friday, May 06, 2011

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

Friday, April 29, 2011

Weekly Stock Market Overview - April 29, 2011

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 304.55 points or 2.44%. The Standard & Poor's 500 Index gained 26.23 points or 1.96%, while the Nasdaq Composite gained 53.38 points or 1.89%. Read More ...

The Health Care sector was the strongest sector (2.89%) last week followed by the Utilities sector (2.85%). The Materials sector was the worst performing sector (1.04%) of the week followed by the Technology sector (1.48%).

The Basic Materials sector is the most overvalued sector followed by Technology, while Wireless Communications, Multimedia/Graphics Sftwr, and Long Distance Carriers are among the most overvalued industries. The Financial sector is the most oversold sector followed by Services, while General Entertainment, Publishing - Periodicals, and Specialty Retail Other are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
13.72% GT Goodyear Tire & Rubber Consumer Discretionary
13.69% OXY Occidental Petroleum Energy
12.69% NSC Norfolk Southern Corp. Industrials


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-13.66% EK Eastman Kodak Consumer Discretionary
-12.90% BRCM Broadcom Corporation Information Technology
-12.65% LXK Lexmark Int'l Inc Information Technology


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 2
Downtrend Broken Resistance 20
Uptrend Support 6
Uptrend Exhaustion 43
Uptrend Broken Support 3
Downtrend Resistance 40
Oversold 11

Thursday, April 21, 2011

Weekly Stock Market Overview - April 21, 2011

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 164.16 points or 1.33%. The Standard & Poor's 500 Index gained 17.70 points or 1.34%, while the Nasdaq Composite gained 55.51 points or 2.01%. Read More ...

The Materials sector was the strongest sector (2.77%) last week followed by the Technology sector (2.37%). The Financial sector was the worst performing sector (-0.25%) of the week followed by the Consumer Staples sector (0.19%).

The Healthcare sector is the most overvalued sector followed by Industrial Goods, while Small Tools & Accessories, Health Care Plans, and Drug Delivery are among the most overvalued industries. The Services sector is the most oversold sector followed by Utilities, while General Entertainment, Specialty Retail Other, and Regional Airlines are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
20.18% BIIB BIOGEN IDEC INC Health Care
10.35% SLM SLM Corporation Financials
8.66% INTC Intel Corp. Information Technology


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-6.33% GILD Gilead Sciences Health Care
-5.89% HOG HarleyDavidson Consumer Discretionary
-5.33% KEY KeyCorp Financials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 1
Downtrend Broken Resistance 17
Uptrend Support 13
Uptrend Exhaustion 19
Uptrend Broken Support 4
Downtrend Resistance 28
Oversold 7

Friday, April 15, 2011

Weekly Stock Market Overview - April 15, 2011

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -38.22 points or -0.31%. The Standard & Poor's 500 Index dropped -8.49 points or -0.64%, while the Nasdaq Composite dropped -15.77 points or -0.57%. Read More ...

The Consumer Staples sector was the strongest sector (1.95%) last week followed by the Health Care sector (1.80%). The Energy sector was the worst performing sector (-3.17%) of the week followed by the Materials sector (-2.09%).

The Healthcare sector is the most overvalued sector followed by Industrial Goods, while Health Care Plans, Small Tools & Accessories, and Farm/Construction Machnry are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Conglomerates, while Agricultural Chemicals, Copper, and Gold are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
13.19% BIIB BIOGEN IDEC INC Health Care
12.74% SVU Supervalu Inc. Consumer Staples
7.29% COH Coach, Inc. Consumer Discretionary


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-11.79% THC Tenet Healthcare Corp. Health Care
-7.81% AA Alcoa Inc Materials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 1
Downtrend Broken Resistance 16
Uptrend Support 18
Uptrend Exhaustion 12
Uptrend Broken Support 2
Downtrend Resistance 19
Oversold 9

Friday, April 08, 2011

Weekly Stock Market Overview - April 8, 2011

It was a mixed week for the major markets. For the week the Dow Jones Industrial Average gained 3.33 points or 0.03%. The Standard & Poor's 500 Index dropped -4.24 points or -0.32%, while the Nasdaq Composite dropped -9.18 points or -0.33%. Read More ...

The Consumer Staples sector was the strongest sector (0.60%) last week followed by the Health Care sector (0.12%). The Industrial sector was the worst performing sector (-1.47%) of the week followed by the Consumer Discretionary sector (-0.61%).

The Healthcare sector is the most overvalued sector followed by Conglomerates, while Hospitals, Health Care Plans, and Medical Appliances/Equip. are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Technology, while Semiconductor-Intgrtd Circ, Networking & Commun Dvcs, and Information Technlgy Svcs are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
68.94% NSM National Semiconductor Information Technology
13.76% ANF Abercrombie & Fitch Co. Consumer Discretionary
12.67% LTD Limited Brands, Inc. Consumer Discretionary


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-9.50% MON Monsanto Co. Materials
-7.81% LUV Southwest Airlines Industrials
-6.62% KLAC KLA-Tencor Corp. Information Technology


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 9
Uptrend Support 6
Uptrend Exhaustion 16
Uptrend Broken Support 1
Downtrend Resistance 28
Oversold 3

Friday, April 01, 2011

Weekly Stock Market Overview - April 1, 2011

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 156.13 points or 1.28%. The Standard & Poor's 500 Index gained 18.61 points or 1.42%, while the Nasdaq Composite gained 46.54 points or 1.70%. Read More ...

The Materials sector was the strongest sector (2.40%) last week followed by the Industrial sector (2.37%). The Technology sector was the worst performing sector (0.50%) of the week followed by the Financial sector (1.16%).

The Industrial Goods sector is the most overvalued sector followed by Conglomerates, while Lumber Wood Production, Farm/Construction Machnry, and Small Tools & Accessories are among the most overvalued industries. The Financial sector is the most oversold sector followed by Utilities, while Savings & Loans, REIT - Hotel/Motel, and Investmnt Brokerage-Natl are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
31.33% CEPH Cephalon Inc. Health Care
9.46% IP International Paper Materials
7.84% SLB Schlumberger Ltd. Energy


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-13.02% ODP Office Depot Consumer Discretionary
-8.59% LEN Lennar Corp. Consumer Discretionary
-7.97% NOC Northrop Grumman Corp. Industrials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 1
Downtrend Broken Resistance 11
Uptrend Support 4
Uptrend Exhaustion 20
Uptrend Broken Support 5
Downtrend Resistance 26
Oversold 7

Friday, March 25, 2011

Weekly Stock Market Overview - March 25, 2011

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 362.07 points or 3.05%. The Standard & Poor's 500 Index gained 34.60 points or 2.70%, while the Nasdaq Composite gained 99.39 points or 3.76%. Read More ...

The Energy sector was the strongest sector (4.38%) last week followed by the Materials sector (3.98%). The Financial sector was the worst performing sector (0.43%) of the week followed by the Utilities sector (1.65%).

The Basic Materials sector is the most overvalued sector followed by Conglomerates, while Oil & Gas Pipelines, Oil & Gas Drilling/Explor, and Major Integrated Oil/Gas are among the most overvalued industries. The Industrial Goods sector is the most oversold sector followed by Financial, while Savings & Loans, REIT - Hotel/Motel, and Regional-Midwest Banks are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
14.70% MU Micron Technology Information Technology
14.47% JBL Jabil Circuit Information Technology
10.67% NBR Nabors Industries Ltd. Energy


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-7.33% S Sprint Nextel Corp. Telecommunications Services
-7.33% BBY Best Buy Co., Inc. Consumer Discretionary
-4.99% BAC Bank of America Corp. Financials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 14
Uptrend Support 8
Uptrend Exhaustion 9
Uptrend Broken Support 6
Downtrend Resistance 18
Oversold 3