Trend Rules

Stock market, S&P 500 index, SPY, QQQQ and Nasdaq trends and technical analysis including technical indicators, chart patterns, channeling, stock market timing, technical alerts and stock pick.

Friday, October 10, 2014

Weekly Stock Market Overview - Oct. 10, 2014

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -465.59 points or -2.74%. The Standard & Poor's 500 Index dropped -61.77 points or -3.14%, while the Nasdaq Composite dropped -199.38 points or -4.45%. Read More ...


The Utilities Select Sector SPDR sector was the strongest sector (0.92%) last week followed by the Consumer Staples Select Sector SPDR sector (0.37%). The Energy Select Sector SPDR sector was the worst performing sector (-5.24%) of the week followed by the Industrial Select Sector SPDR sector (-4.70%).


The Healthcare sector is the most overvalued sector followed by Industrial Goods, while Biotechnology, Drug Manufacturers/Other, and Drugs - Generic are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Conglomerates, while Copper, Oil & Gas Drilling/Explor, and Industrial Metals/Mineral are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
10.39% BDX Becton, Dickinson Health Care
4.06% FE FirstEnergy Corp. Utilities
3.99% WEC Wisconsin Energy Corp. Utilities


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-18.12% MU Micron Technology Information Technology
-14.01% NFX Newfield Exploration Co Energy
-13.48% GPS Gap (The) Consumer Discretionary


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 31
Downtrend Broken Resistance 11
Uptrend Support 68
Uptrend Exhaustion 1
Uptrend Broken Support 1
Downtrend Resistance 6
Oversold 57

Friday, October 03, 2014

Weekly Stock Market Overview - Oct.3, 2014

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -103.46 points or -0.60%. The Standard & Poor's 500 Index dropped -14.95 points or -0.75%, while the Nasdaq Composite dropped -36.57 points or -0.81%. Read More ...


The Utilities Select Sector SPDR sector was the strongest sector (1.87%) last week followed by the Consumer Staples Select Sector SPDR sector (0.75%). The Energy Select Sector SPDR sector was the worst performing sector (-4.14%) of the week followed by the Materials Select Sector SPDR sector (-3.89%).


The Utilities sector is the most overvalued sector followed by Healthcare, while Hospitals, Biotechnology, and Drug Manufacturers/Other are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Conglomerates, while Oil & Gas Drilling/Explor, Copper, and Industrial Metals/Mineral are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
10.49% TSN Tyson Foods Consumer Staples
8.51% MYL Mylan Inc. Health Care
7.07% ADSK Autodesk, Inc. Information Technology


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-12.43% X United States Steel Corp. Materials
-12.15% NE Noble Corp Energy
-10.95% ATI Allegheny Technologies Inc Materials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 19
Downtrend Broken Resistance 9
Uptrend Support 49
Uptrend Exhaustion 2
Uptrend Broken Support 3
Downtrend Resistance 5
Oversold 46

Friday, September 26, 2014

Weekly Stock Market Overview - Sept. 26, 2014

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -166.59 points or -0.96%. The Standard & Poor's 500 Index dropped -27.55 points or -1.37%, while the Nasdaq Composite dropped -67.60 points or -1.48%. Read More ...


The Materials Select Sector SPDR sector was the strongest sector (-0.08%) last week followed by the Consumer Staples Select Sector SPDR sector (-0.73%). The Industrial Select Sector SPDR sector was the worst performing sector (-2.06%) of the week followed by the Energy Select Sector SPDR sector (-1.93%).


The Utilities sector is the most overvalued sector followed by Healthcare, while Hospitals, Biotechnology, and Specialized Health Svcs are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Services, while Oil & Gas Drilling/Explor, Copper, and Industrial Metals/Mineral are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
33.60% SIAL Sigma-Aldrich Materials
9.49% VRTX Vertex Pharmaceuticals Health Care
9.40% NKE NIKE Inc. Consumer Discretionary


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-11.33% KMX Carmax Inc Consumer Discretionary
-9.10% BTU Peabody Energy Corp Materials
-9.05% MAT Mattel, Inc. Consumer Discretionary


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 25
Downtrend Broken Resistance 10
Uptrend Support 59
Uptrend Exhaustion 1
Uptrend Broken Support 1
Downtrend Resistance 3
Oversold 38

Friday, September 19, 2014

Weekly Stock Market Overview - Sept. 19, 2014

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 292.23 points or 1.72%. The Standard & Poor's 500 Index gained 24.86 points or 1.25%, while the Nasdaq Composite gained 12.19 points or 0.27%. Read More ...


The Health Care Select Sector SPDR sector was the strongest sector (1.68%) last week followed by the Materials Select Sector SPDR sector (1.39%). The Consumer Discretionary Select Sector SPDR sector was the worst performing sector (0.20%) of the week followed by the Energy Select Sector SPDR sector (0.25%).


The Services sector is the most overvalued sector followed by Consumer Goods, while Regional Airlines, Housewares & Accessories, and Lodging are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Conglomerates, while Industrial Metals/Mineral, Oil & Gas Drilling/Explor, and Copper are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
13.20% X United States Steel Corp. Materials
11.57% VRTX Vertex Pharmaceuticals Health Care
9.99% DD Du Pont (E.I.) Materials


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-7.96% BTU Peabody Energy Corp Materials
-6.55% RDC Rowan Cos. Energy
-6.44% NE Noble Corp Energy


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 15
Downtrend Broken Resistance 18
Uptrend Support 32
Uptrend Exhaustion 24
Uptrend Broken Support 4
Downtrend Resistance 27
Oversold 13

Friday, September 12, 2014

Weekly Stock Market Overview - Sept. 12, 2014

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -149.85 points or -0.87%. The Standard & Poor's 500 Index dropped -22.17 points or -1.10%, while the Nasdaq Composite dropped -15.30 points or -0.33%. Read More ...


The Technology Select Sector SPDR sector was the strongest sector (-0.17%) last week followed by the Financial Select Sector SPDR sector (-0.30%). The Energy Select Sector SPDR sector was the worst performing sector (-3.63%) of the week followed by the Utilities Select Sector SPDR sector (-3.12%).


The Industrial Goods sector is the most overvalued sector followed by Technology, while Metals Fabrication, Diversified Commun Svcs, and Printed Circuit Boards are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Utilities, while Industrial Metals/Mineral, Oil & Gas Drilling/Explor, and Major Integrated Oil/Gas are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
8.31% YHOO Yahoo Inc. Information Technology
6.62% THC Tenet Healthcare Corp. Health Care
4.81% BAC Bank of America Corp. Financials


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-8.66% VLO Valero Energy Energy
-8.65% NFX Newfield Exploration Co Energy
-7.25% TSCO Tractor Supply Company Consumer Discretionary


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 9
Downtrend Broken Resistance 19
Uptrend Support 21
Uptrend Exhaustion 7
Uptrend Broken Support 4
Downtrend Resistance 15
Oversold 14

Friday, September 05, 2014

Weekly Stock Market Overview - Sep. 5, 2014

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 38.91 points or 0.23%. The Standard & Poor's 500 Index gained 4.34 points or 0.22%, while the Nasdaq Composite gained 2.63 points or 0.06%. Read More ...


The Consumer Staples Select Sector SPDR sector was the strongest sector (1.00%) last week followed by the Utilities Select Sector SPDR sector (0.79%). The Energy Select Sector SPDR sector was the worst performing sector (-1.68%) of the week followed by the Technology Select Sector SPDR sector (0.02%).


The Utilities sector is the most overvalued sector followed by Industrial Goods, while Metals Fabrication, Textile Manufacturing, and Small Tools & Accessories are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Consumer Goods, while Industrial Metals/Mineral, Confectioners, and Oil & Gas Drilling/Explor are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
10.10% SPLS Staples Inc. Consumer Discretionary
9.70% PVH PVH Corp. Consumer Discretionary
5.74% LUK Leucadia National Corp. Financials


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-6.98% NBR Nabors Industries Ltd. Energy
-6.94% FTI FMC Technologies Inc. Energy
-6.54% NE Noble Corp Energy


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 5
Downtrend Broken Resistance 21
Uptrend Support 3
Uptrend Exhaustion 8
Uptrend Broken Support 1
Downtrend Resistance 40
Oversold 5

Friday, August 29, 2014

Weekly Stock Market Overview - Aug. 29, 2014

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 97.23 points or 0.57%. The Standard & Poor's 500 Index gained 14.97 points or 0.75%, while the Nasdaq Composite gained 41.72 points or 0.92%. Read More ...


The Utilities Select Sector SPDR sector was the strongest sector (1.96%) last week followed by the Energy Select Sector SPDR sector (1.78%). The Industrial Select Sector SPDR sector was the worst performing sector (-0.24%) of the week followed by the Consumer Discretionary Select Sector SPDR sector (0.26%).


The Services sector is the most overvalued sector followed by Basic Materials, while Oil & Gas Pipelines, Regional Airlines, and Lodging are among the most overvalued industries. The Healthcare sector is the most oversold sector followed by Consumer Goods, while Recreational Vehicles, Toys & Games, and Confectioners are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
7.59% NBR Nabors Industries Ltd. Energy
6.72% SPLS Staples Inc. Consumer Discretionary
5.71% NFX Newfield Exploration Co Energy


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-2.63% ADI Analog Devices Information Technology
-2.19% TXT Textron Inc. Industrials
-2.07% MU Micron Technology Information Technology


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 4
Downtrend Broken Resistance 21
Uptrend Support 2
Uptrend Exhaustion 18
Uptrend Broken Support 0
Downtrend Resistance 59
Oversold 3

Friday, August 22, 2014

Weekly Stock Market Overview - Aug. 22, 2014

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 338.31 points or 2.03%. The Standard & Poor's 500 Index gained 33.34 points or 1.71%, while the Nasdaq Composite gained 73.62 points or 1.65%. Read More ...


The Financial Select Sector was the strongest sector (2.39%) last week followed by the Industrial Select Sector (2.38%). The Energy Select Sector was the worst performing sector (0.66%) of the week followed by the Consumer Staples Select Sector (0.72%).


The Consumer Goods sector is the most overvalued sector followed by Services, while Housewares & Accessories, Regional Airlines, and Lodging are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Basic Materials, while Industrial Metals/Mineral, Oil & Gas Drilling/Explor, and Independent Oil & Gas are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
13.46% ROST Ross Stores Consumer Discretionary
11.70% TJX TJX Companies Inc. Consumer Discretionary
10.82% DG Dollar General Consumer Discretionary


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-4.74% SPLS Staples Inc. Consumer Discretionary
-3.14% NBR Nabors Industries Ltd. Energy
-3.09% RIG Transocean Energy


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 15
Uptrend Support 5
Uptrend Exhaustion 20
Uptrend Broken Support 4
Downtrend Resistance 49
Oversold 1

Friday, August 15, 2014

Weekly Stock Market Overview - Aug. 15, 2014

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 108.98 points or 0.66%. The Standard & Poor's 500 Index gained 23.47 points or 1.22%, while the Nasdaq Composite gained 94.03 points or 2.15%. Read More ...


The Health Care Select Sector SPDR sector was the strongest sector (2.36%) last week followed by the Technology Select Sector SPDR sector (1.60%). The Energy Select Sector SPDR sector was the worst performing sector (-0.24%) of the week followed by the Financial Select Sector SPDR sector (0.89%).


The Healthcare sector is the most overvalued sector followed by Consumer Goods, while Hospitals, Housewares & Accessories, and Biotechnology are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Utilities, while Industrial Metals/Mineral, Oil & Gas Drilling/Explor, and Independent Oil & Gas are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
14.70% KMI Kinder Morgan Inc Energy
7.92% AMAT Applied Materials Information Technology
7.61% GILD Gilead Sciences Health Care


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-7.04% FOSL Fossil, Inc. Consumer Discretionary
-6.91% JWN Nordstrom Consumer Discretionary
-4.58% M Macy's Inc. Consumer Discretionary


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 12
Uptrend Support 15
Uptrend Exhaustion 8
Uptrend Broken Support 11
Downtrend Resistance 17
Oversold 5

Friday, August 08, 2014

Weekly Stock Market Overview - Aug. 8, 2014

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 60.56 points or 0.37%. The Standard & Poor's 500 Index gained 6.44 points or 0.33%, while the Nasdaq Composite gained 18.26 points or 0.42%. Read More ...


The Consumer Discretionary Select Sector SPDR sector was the strongest sector (1.08%) last week followed by the Materials Select Sector SPDR sector (1.05%). The Health Care Select Sector SPDR sector was the worst performing sector (-0.71%) of the week followed by the Technology Select Sector SPDR sector (-0.31%).


The Healthcare sector is the most overvalued sector followed by Financial, while REIT - Residential, Hospitals, and Biotechnology are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Services, while Electronics Wholesale, General Entertainment, and Technical Services are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
8.93% COH Coach, Inc. Consumer Discretionary
8.58% THC Tenet Healthcare Corp. Health Care
7.41% NVDA NVIDIA Corp. Information Technology


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-13.94% WAG Walgreen Co. Consumer Staples
-13.67% NE Noble Corp Energy
-12.61% TWX Time Warner Inc. Consumer Discretionary


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 7
Downtrend Broken Resistance 12
Uptrend Support 80
Uptrend Exhaustion 1
Uptrend Broken Support 1
Downtrend Resistance 6
Oversold 21