Weekly Stock Market Overview - Jan. 31, 2014

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -180.26 points or -1.14%. The Standard & Poor's 500 Index dropped -7.70 points or -0.43%, while the Nasdaq Composite dropped -24.29 points or -0.59%. Read More ...

The Utilities Select Sector SPDR sector was the strongest sector (2.95%) last week followed by the Health Care Select Sector SPDR sector (0.54%). The Consumer Staples Select Sector SPDR sector was the worst performing sector (-1.74%) of the week followed by the Energy Select Sector SPDR sector (-1.13%).

The Utilities sector is the most overvalued sector followed by Industrial Goods, while Residential Construction, General Contractors, and Aerospace/Defense-Prd/Svc are among the most overvalued industries. The Services sector is the most oversold sector followed by Financial, while Electronics Stores, Specialty Eateries, and Specialty Retail Other are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%) Symbol Company Sector 16.36% PBI Pitney-Bowes Industrials 15.72% HAR Harman Int'l Consumer Discretionary 13.92% LXK Lexmark Int'l Inc Information Technology

Weekly S&P 500 Losers

Gains/Loses(%) Symbol Company Sector -13.18% NEM Newmont Mining Corp. (Hldg. Co.) Materials -12.00% MAT Mattel, Inc. Consumer Discretionary -11.64% JCP Penney (J.C.) Consumer Discretionary

Weekly S&P 500 Alerts

Stock Market Alerts Count Downtrend Exhaustion 15 Downtrend Broken Resistance 11 Uptrend Support 87 Uptrend Exhaustion 1 Uptrend Broken Support 3 Downtrend Resistance 6 Oversold 38

Weekly Stock Market Overview - Jan. 24, 2014

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -579.45 points or -3.52%. The Standard & Poor's 500 Index dropped -48.41 points or -2.63%, while the Nasdaq Composite dropped -69.41 points or -1.65%. Read More ...

The Utilities Select Sector SPDR sector was the strongest sector (-0.21%) last week followed by the Consumer Staples Select Sector SPDR sector (-1.40%). The Materials Select Sector SPDR sector was the worst performing sector (-4.49%) of the week followed by the Industrial Select Sector SPDR sector (-3.88%).

The Technology sector is the most overvalued sector followed by Industrial Goods, while Processing Systems/Prods, Technical/System Software, and Aerospace/Defense-Prd/Svc are among the most overvalued industries. The Financial sector is the most oversold sector followed by Utilities, while REIT - Industrial, REIT/Healthcare Facilities, and Prprty/Casualty Insurance are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%) Symbol Company Sector 5.92% SWN Southwestern Energy Co. Utilities 5.52% COG Cabot Oil & Gas Corp. Energy 4.26% HSP Hospira Inc. Health Care

Weekly S&P 500 Losers

Gains/Loses(%) Symbol Company Sector -16.99% AMD Advanced Micro Devices Information Technology -15.36% IGT International Game Technology Consumer Discretionary -13.82% CLF Cliffs Natural Resources Inc Materials

Weekly S&P 500 Alerts

Stock Market Alerts Count Downtrend Exhaustion 7 Downtrend Broken Resistance 10 Uptrend Support 31 Uptrend Exhaustion 2 Uptrend Broken Support 11 Downtrend Resistance 9 Oversold 20

Weekly Stock Market Overview - Jan. 17, 2014

It was a mixed week for the major markets. For the week the Dow Jones Industrial Average gained 21.51 points or 0.13%. The Standard & Poor's 500 Index dropped -3.67 points or -0.20%, while the Nasdaq Composite gained 22.91 points or 0.55%. Read More ...

The Technology Select Sector SPDR sector was the strongest sector (1.22%) last week followed by the Materials Select Sector SPDR sector (0.64%). The Consumer Discretionary Select Sector SPDR sector was the worst performing sector (-1.88%) of the week followed by the Energy Select Sector SPDR sector (-1.02%).

The Industrial Goods sector is the most overvalued sector followed by Technology, while Technical/System Software, Processing Systems/Prods, and Aerospace/Defense-Maj Dvd are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Financial, while REIT - Industrial, REIT/Healthcare Facilities, and Diversified Utilities are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%) Symbol Company Sector 12.36% AA Alcoa Inc Materials 10.91% APOL Apollo Group Consumer Discretionary 10.21% NTAP NetApp, Inc. Information Technology

Weekly S&P 500 Losers

Gains/Loses(%) Symbol Company Sector -35.39% BBY Best Buy Co., Inc. Consumer Discretionary -11.17% JCP Penney (J.C.) Consumer Discretionary -9.08% SPLS Staples Inc. Consumer Discretionary

Weekly S&P 500 Alerts

Stock Market Alerts Count Downtrend Exhaustion 2 Downtrend Broken Resistance 13 Uptrend Support 20 Uptrend Exhaustion 26 Uptrend Broken Support 4 Downtrend Resistance 11 Oversold 10

Weekly Stock Market Overview - Jan. 3, 2014

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -106.67 points or -0.64%. The Standard & Poor's 500 Index dropped -16.99 points or -0.92%, while the Nasdaq Composite dropped -44.68 points or -1.07%. Read More ...

The Financial Select Sector SPDR sector was the strongest sector (0.14%) last week followed by the Health Care Select Sector SPDR sector (-0.32%). The Utilities Select Sector SPDR sector was the worst performing sector (-1.84%) of the week followed by the Energy Select Sector SPDR sector (-1.79%).

The Conglomerates sector is the most overvalued sector followed by Financial, while Investmnt Brokerage-Natl, Insurance Brokers, and Life Insurance are among the most overvalued industries. The Healthcare sector is the most oversold sector followed by Utilities, while Medical Labs & Research, Water Utilities, and Diversified Utilities are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%) Symbol Company Sector 5.39% BAC Bank of America Corp. Financials 4.94% THC Tenet Healthcare Corp. Health Care 3.86% NEM Newmont Mining Corp. (Hldg. Co.) Materials

Weekly S&P 500 Losers

Gains/Loses(%) Symbol Company Sector -7.53% S Sprint Nextel Corp. Telecommunications Services -5.93% SHLD Sears Holdings Corporation Consumer Discretionary -4.48% JCP Penney (J.C.) Consumer Discretionary

Weekly S&P 500 Alerts

Stock Market Alerts Count Downtrend Exhaustion 0 Downtrend Broken Resistance 18 Uptrend Support 2 Uptrend Exhaustion 43 Uptrend Broken Support 0 Downtrend Resistance 30 Oversold 2

Weekly Stock Market Overview - Dec. 27, 2013

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 257.27 points or 1.59%. The Standard & Poor's 500 Index gained 23.08 points or 1.27%, while the Nasdaq Composite gained 51.85 points or 1.26%. Read More ...

The Materials Select Sector SPDR sector was the strongest sector (2.45%) last week followed by the Energy Select Sector SPDR sector (1.87%). The Utilities Select Sector SPDR sector was the worst performing sector (-0.05%) of the week followed by the Consumer Staples Select Sector SPDR sector (0.68%).

The Consumer Goods sector is the most overvalued sector followed by Conglomerates, while Housewares & Accessories, Auto Parts, and Conglomerates are among the most overvalued industries. The Healthcare sector is the most oversold sector followed by Utilities, while Medical Labs & Research, Water Utilities, and Hospitals are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%) Symbol Company Sector 9.58% CLF Cliffs Natural Resources Inc Materials 9.43% S Sprint Nextel Corp. Telecommunications Services 8.29% JCP Penney (J.C.) Consumer Discretionary

Weekly S&P 500 Losers

Gains/Loses(%) Symbol Company Sector -4.37% WFM Whole Foods Market Consumer Staples -2.93% MU Micron Technology Information Technology -2.73% WAG Walgreen Co. Consumer Staples

Weekly S&P 500 Alerts

Stock Market Alerts Count Downtrend Exhaustion 1 Downtrend Broken Resistance 17 Uptrend Support 2 Uptrend Exhaustion 101 Uptrend Broken Support 1 Downtrend Resistance 34 Oversold 4

Weekly Stock Market Overview - dec. 20, 2013

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 465.78 points or 2.96%. The Standard & Poor's 500 Index gained 43.00 points or 2.42%, while the Nasdaq Composite gained 103.76 points or 2.59%. Read More ...

The Industrial Select Sector SPDR sector was the strongest sector (2.99%) last week followed by the Financial Select Sector SPDR sector (2.25%). The Consumer Staples Select Sector SPDR sector was the worst performing sector (0.66%) of the week followed by the Utilities Select Sector SPDR sector (0.85%).

The Consumer Goods sector is the most overvalued sector followed by Conglomerates, while Housewares & Accessories, Auto Parts, and Electronic Equipment are among the most overvalued industries. The Healthcare sector is the most oversold sector followed by Basic Materials, while Gold, Medical Labs & Research, and Hospitals are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%) Symbol Company Sector 38.31% LSI LSI Corporation Information Technology 18.53% TXT Textron Inc. Industrials 16.96% S Sprint Nextel Corp. Telecommunications Services

Weekly S&P 500 Losers

Gains/Loses(%) Symbol Company Sector -15.47% JBL Jabil Circuit Information Technology -7.05% F Ford Motor Consumer Discretionary -5.63% KMX Carmax Inc Consumer Discretionary

Weekly S&P 500 Alerts

Stock Market Alerts Count Downtrend Exhaustion 2 Downtrend Broken Resistance 15 Uptrend Support 14 Uptrend Exhaustion 22 Uptrend Broken Support 1 Downtrend Resistance 12 Oversold 9

Weekly Stock Market Overview - Dec. 13, 2013

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -264.84 points or -1.65%. The Standard & Poor's 500 Index dropped -29.77 points or -1.65%, while the Nasdaq Composite dropped -61.54 points or -1.51%. Read More ...

The Materials Select Sector SPDR sector was the strongest sector (-0.63%) last week followed by the Consumer Discretionary Select Sector SPDR sector (-1.00%). The Health Care Select Sector SPDR sector was the worst performing sector (-2.55%) of the week followed by the Utilities Select Sector SPDR sector (-2.42%).

The Conglomerates sector is the most overvalued sector followed by Consumer Goods, while Housewares & Accessories, Recreational Vehicles, and Auto Parts are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Industrial Goods, while Gold, Oil & Gas Pipelines, and Heavy Construction are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%) Symbol Company Sector 9.51% ADBE Adobe Systems Information Technology 6.84% S Sprint Nextel Corp. Telecommunications Services 6.06% JCP Penney (J.C.) Consumer Discretionary

Weekly S&P 500 Losers

Gains/Loses(%) Symbol Company Sector -11.62% NFX Newfield Exploration Co Energy -10.87% LH LABORATORY CP Health Care -9.65% DGX Quest Diagnostics Health Care

Weekly S&P 500 Alerts

Stock Market Alerts Count Downtrend Exhaustion 8 Downtrend Broken Resistance 13 Uptrend Support 35 Uptrend Exhaustion 1 Uptrend Broken Support 5 Downtrend Resistance 3 Oversold 17

Weekly Stock Market Overview - Dec. 6, 2013

It was a mixed week for the major markets. For the week the Dow Jones Industrial Average dropped -66.21 points or -0.41%. The Standard & Poor's 500 Index gave back -0.72 points or -0.04%, while the Nasdaq Composite gained 2.63 points or 0.06%. Read More ...

The Utilities Select Sector SPDR sector was the strongest sector (1.08%) last week followed by the Technology Select Sector SPDR sector (0.37%). The Consumer Discretionary Select Sector SPDR sector was the worst performing sector (-0.72%) of the week followed by the Financial Select Sector SPDR sector (-0.42%).

The Technology sector is the most overvalued sector followed by Healthcare, while Drug Related Products, Semiconductr-Memory Chips, and Technical/System Software are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Basic Materials, while Water Utilities, Gold, and Diversified Utilities are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%) Symbol Company Sector 10.91% FRX Forest Laboratories Health Care 9.55% CPB Campbell Soup Consumer Staples 6.72% TSN Tyson Foods Consumer Staples

Weekly S&P 500 Losers

Gains/Loses(%) Symbol Company Sector -24.30% SHLD Sears Holdings Corporation Consumer Discretionary -20.71% JCP Penney (J.C.) Consumer Discretionary -15.29% BIG Big Lots, Inc. Consumer Discretionary

Weekly S&P 500 Alerts

Stock Market Alerts Count Downtrend Exhaustion 0 Downtrend Broken Resistance 18 Uptrend Support 18 Uptrend Exhaustion 10 Uptrend Broken Support 2 Downtrend Resistance 9 Oversold 8

Weekly Stock Market Overview - Nov. 29, 2013

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 21.64 points or 0.13%. The Standard & Poor's 500 Index gained 1.05 points or 0.06%, while the Nasdaq Composite gained 68.24 points or 1.71%. Read More ...

The Technology Select Sector SPDR sector was the strongest sector (1.55%) last week followed by the Consumer Discretionary Select Sector SPDR sector (1.16%). The Energy Select Sector SPDR sector was the worst performing sector (-2.03%) of the week followed by the Utilities Select Sector SPDR sector (-1.63%).

The Consumer Goods sector is the most overvalued sector followed by Services, while Regional Airlines, Drugs Wholesale, and Rental & Leasing Services are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Basic Materials, while Gold, Water Utilities, and Oil & Gas Pipelines are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%) Symbol Company Sector 14.88% JCP Penney (J.C.) Consumer Discretionary 9.94% TIF Tiffany & Co. Consumer Discretionary 8.98% AMD Advanced Micro Devices Information Technology

Weekly S&P 500 Losers

Gains/Loses(%) Symbol Company Sector -6.43% NFX Newfield Exploration Co Energy -6.20% CNP CenterPoint Energy Utilities -4.78% PXD Pioneer Natural Resources Co. Energy

Weekly S&P 500 Alerts

Stock Market Alerts Count Downtrend Exhaustion 1 Downtrend Broken Resistance 20 Uptrend Support 12 Uptrend Exhaustion 61 Uptrend Broken Support 2 Downtrend Resistance 27 Oversold 6

Weekly Stock Market Overview - Nov. 22, 2013

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 103.07 points or 0.65%. The Standard & Poor's 500 Index gained 6.58 points or 0.37%, while the Nasdaq Composite gained 5.68 points or 0.14%. Read More ...

The Health Care Select Sector SPDR sector was the strongest sector (1.71%) last week followed by the Financial Select Sector SPDR sector (1.70%). The Utilities Select Sector SPDR sector was the worst performing sector (-1.79%) of the week followed by the Materials Select Sector SPDR sector (-0.41%).

The Services sector is the most overvalued sector followed by Industrial Goods, while Regional Airlines, Drugs Wholesale, and Rental & Leasing Services are among the most overvalued industries. The Technology sector is the most oversold sector followed by Healthcare, while Printed Circuit Boards, Multimedia/Graphics Sftwr, and Networking & Commun Dvcs are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%) Symbol Company Sector 16.54% BIIB BIOGEN IDEC INC Health Care 10.60% TSN Tyson Foods Consumer Staples 7.32% SWN Southwestern Energy Co. Utilities

Weekly S&P 500 Losers

Gains/Loses(%) Symbol Company Sector -9.89% BBY Best Buy Co., Inc. Consumer Discretionary -8.21% BTU Peabody Energy Corp Materials -7.48% LOW Lowe's Cos. Consumer Discretionary

Weekly S&P 500 Alerts

Stock Market Alerts Count Downtrend Exhaustion 0 Downtrend Broken Resistance 16 Uptrend Support 16 Uptrend Exhaustion 41 Uptrend Broken Support 3 Downtrend Resistance 20 Oversold 11