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, December 19, 2014

Weekly Stock Market Overview - Dec. 19, 2014

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 523.97 points or 3.03%. The Standard & Poor's 500 Index gained 68.32 points or 3.41%, while the Nasdaq Composite gained 111.78 points or 2.40%. Read More ...


The Energy Select Sector SPDR sector was the strongest sector (8.85%) last week followed by the Materials Select Sector SPDR sector (4.32%). The Consumer Discretionary Select Sector SPDR sector was the worst performing sector (1.24%) of the week followed by the Consumer Staples Select Sector SPDR sector (1.48%).


The Basic Materials sector is the most overvalued sector followed by Healthcare, while Drug Delivery, Health Care Plans, and Medical Instruments/Supls are among the most overvalued industries. The Conglomerates sector is the most oversold sector followed by Utilities, while Gas Utilities, Water Utilities, and Conglomerates are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
36.30% NBR Nabors Industries Ltd. Energy
28.31% NE Noble Corp Energy
21.19% ESV Ensco plc Energy


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-5.06% MAT Mattel, Inc. Consumer Discretionary
-4.78% NUE Nucor Corp. Materials
-4.77% XLNX Xilinx, Inc Information Technology


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 1
Downtrend Broken Resistance 25
Uptrend Support 0
Uptrend Exhaustion 11
Uptrend Broken Support 2
Downtrend Resistance 7
Oversold 3

Friday, December 12, 2014

Weekly Stock Market Overview - Dec. 12, 2014

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -677.96 points or -3.78%. The Standard & Poor's 500 Index dropped -73.04 points or -3.52%, while the Nasdaq Composite dropped -127.15 points or -2.66%. Read More ...


The Utilities Select Sector SPDR sector was the strongest sector (0.09%) last week followed by the Consumer Staples Select Sector SPDR sector (-1.92%). The Energy Select Sector SPDR sector was the worst performing sector (-7.80%) of the week followed by the Materials Select Sector SPDR sector (-5.97%).


The Services sector is the most overvalued sector followed by Industrial Goods, while Major Airlines, Auto Parts Wholesale, and Auto Parts Stores are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Utilities, while Copper, Oil & Gas Drilling/Explor, and Independent Oil & Gas are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
14.57% SPLS Staples Inc. Consumer Discretionary
8.60% WAG Walgreen Co. Consumer Staples
5.00% ADBE Adobe Systems Information Technology


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-18.10% NBR Nabors Industries Ltd. Energy
-17.10% BTU Peabody Energy Corp Materials
-16.26% FCX Freeport-McMoran Cp & Gld Materials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 21
Downtrend Broken Resistance 16
Uptrend Support 16
Uptrend Exhaustion 5
Uptrend Broken Support 1
Downtrend Resistance 3
Oversold 20

Friday, December 05, 2014

Weekly Stock Market Overview - Dec. 5, 2014

It was a mixed week for the major markets. For the week the Dow Jones Industrial Average gained 130.55 points or 0.73%. The Standard & Poor's 500 Index gained 7.81 points or 0.38%, while the Nasdaq Composite dropped -10.88 points or -0.23%. Read More ...


The Financial Select Sector SPDR sector was the strongest sector (1.72%) last week followed by the Health Care Select Sector SPDR sector (1.70%). The Consumer Staples Select Sector SPDR sector was the worst performing sector (-0.91%) of the week followed by the Technology Select Sector SPDR sector (-0.87%).


The Industrial Goods sector is the most overvalued sector followed by Technology, while Multimedia/Graphics Sftwr, Semiconductor-Intgrtd Circ, and General Building Matrials are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Utilities, while Copper, Oil & Gas Drilling/Explor, and Gold are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
10.78% BIIB BIOGEN IDEC INC Health Care
7.78% THC Tenet Healthcare Corp. Health Care
6.20% EA Electronic Arts Information Technology


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-12.07% BTU Peabody Energy Corp Materials
-10.90% RIG Transocean Energy
-9.59% BBY Best Buy Co., Inc. Consumer Discretionary


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 11
Downtrend Broken Resistance 28
Uptrend Support 9
Uptrend Exhaustion 73
Uptrend Broken Support 0
Downtrend Resistance 31
Oversold 9

Friday, November 28, 2014

Weekly Stock Market Overview - Nov 28, 2014

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 18.18 points or 0.10%. The Standard & Poor's 500 Index gained 4.06 points or 0.20%, while the Nasdaq Composite gained 78.66 points or 1.67%. Read More ...


The Consumer Discretionary Select Sector SPDR sector was the strongest sector (2.45%) last week followed by the Technology Select Sector SPDR sector (1.97%). The Energy Select Sector SPDR sector was the worst performing sector (-9.81%) of the week followed by the Materials Select Sector SPDR sector (-2.98%).


The Technology sector is the most overvalued sector followed by Financial, while Personal Computers, Multimedia/Graphics Sftwr, and Semiconductor-Intgrtd Circ are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Utilities, while Copper, Gold, and Oil & Gas Drilling/Explor are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
9.99% LUV Southwest Airlines Industrials
8.31% DAL Delta Airlines Industrials
7.63% BDX Becton, Dickinson Health Care


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-22.47% NFX Newfield Exploration Co Energy
-22.41% NBR Nabors Industries Ltd. Energy
-18.97% RIG Transocean Energy


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 4
Downtrend Broken Resistance 41
Uptrend Support 3
Uptrend Exhaustion 58
Uptrend Broken Support 0
Downtrend Resistance 48
Oversold 6

Friday, November 21, 2014

Weekly Stock Market Overview - Nov. 21, 2014

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 175.32 points or 0.99%. The Standard & Poor's 500 Index gained 23.68 points or 1.16%, while the Nasdaq Composite gained 24.43 points or 0.52%. Read More ...


The Materials Select Sector SPDR sector was the strongest sector (2.80%) last week followed by the Energy Select Sector SPDR sector (2.66%). The Technology Select Sector SPDR sector was the worst performing sector (0.14%) of the week followed by the Financial Select Sector SPDR sector (0.62%).


The Financial sector is the most overvalued sector followed by Conglomerates, while Investmnt Brokerage-Regnl, REIT/Healthcare Facilities, and Property Management are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Services, while Gold, Copper, and Oil & Gas Drilling/Explor are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
9.92% BHI Baker Hughes Energy
9.73% ROST Ross Stores Consumer Discretionary
8.05% PETM PetSmart, Inc. Consumer Discretionary


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-8.08% HAL Halliburton Co. Energy
-4.28% X United States Steel Corp. Materials
-3.23% MSFT Microsoft Corp. Information Technology


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 3
Downtrend Broken Resistance 42
Uptrend Support 2
Uptrend Exhaustion 57
Uptrend Broken Support 0
Downtrend Resistance 65
Oversold 4

Friday, November 14, 2014

Weekly Stock Market Overview - Nov. 14, 2014

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 60.81 points or 0.35%. The Standard & Poor's 500 Index gained 7.90 points or 0.39%, while the Nasdaq Composite gained 56.01 points or 1.21%. Read More ...


The Technology Select Sector SPDR sector was the strongest sector (1.89%) last week followed by the Consumer Discretionary Select Sector SPDR sector (1.87%). The Utilities Select Sector SPDR sector was the worst performing sector (-2.83%) of the week followed by the Energy Select Sector SPDR sector (-1.80%).


The Utilities sector is the most overvalued sector followed by Financial, while REIT/Healthcare Facilities, Investmnt Brokerage-Regnl, and REIT - Residential are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Industrial Goods, while Gold, Copper, and Oil & Gas Drilling/Explor are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
14.51% BHI Baker Hughes Energy
6.85% F Ford Motor Consumer Discretionary
6.59% YHOO Yahoo Inc. Information Technology


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-12.32% RIG Transocean Energy
-8.87% HP Helmerich & Payne Energy
-7.53% SWN Southwestern Energy Co. Utilities


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 3
Downtrend Broken Resistance 36
Uptrend Support 5
Uptrend Exhaustion 15
Uptrend Broken Support 0
Downtrend Resistance 69
Oversold 5

Friday, November 07, 2014

Weekly Stock Market Overview - Nov. 7, 2014

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 183.41 points or 1.05%. The Standard & Poor's 500 Index gained 13.87 points or 0.69%, while the Nasdaq Composite gained 1.79 points or 0.04%. Read More ...


The Consumer Staples Select Sector SPDR sector was the strongest sector (2.21%) last week followed by the Utilities Select Sector SPDR sector (1.72%). The Health Care Select Sector SPDR sector was the worst performing sector (-0.36%) of the week followed by the Consumer Discretionary Select Sector SPDR sector (-0.14%).


The Services sector is the most overvalued sector followed by Technology, while Auto Parts Wholesale, Regional Airlines, and Staffing/Outsourcing Svcs are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Conglomerates, while Copper, Gold, and Oil & Gas Drilling/Explor are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
19.02% WFM Whole Foods Market Consumer Staples
12.27% SWN Southwestern Energy Co. Utilities
11.60% BTU Peabody Energy Corp Materials


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-14.63% THC Tenet Healthcare Corp. Health Care
-11.78% QCOM QUALCOMM Inc. Information Technology


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 6
Downtrend Broken Resistance 34
Uptrend Support 3
Uptrend Exhaustion 17
Uptrend Broken Support 0
Downtrend Resistance 78
Oversold 4

Friday, October 31, 2014

Weekly Stock Market Overview - Oct. 31, 2014

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 585.11 points or 3.48%. The Standard & Poor's 500 Index gained 53.47 points or 2.72%, while the Nasdaq Composite gained 147.03 points or 3.28%. Read More ...


The Technology Select Sector SPDR sector was the strongest sector (3.29%) last week followed by the Financial Select Sector SPDR sector (3.20%). The Materials Select Sector SPDR sector was the worst performing sector (0.25%) of the week followed by the Consumer Staples Select Sector SPDR sector (1.74%).


The Services sector is the most overvalued sector followed by Utilities, while Auto Parts Wholesale, Diversified Utilities, and Food Wholesale are among the most overvalued industries. The Conglomerates sector is the most oversold sector followed by Basic Materials, while Copper, Gold, and Industrial Metals/Mineral are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
16.43% GT Goodyear Tire & Rubber Consumer Discretionary
12.71% EA Electronic Arts Information Technology
10.39% NFX Newfield Exploration Co Energy


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-14.53% NEM Newmont Mining Corp. (Hldg. Co.) Materials
-9.41% AVP Avon Products Consumer Staples
-8.24% KSS Kohl's Corp. Consumer Discretionary


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 7
Downtrend Broken Resistance 26
Uptrend Support 4
Uptrend Exhaustion 26
Uptrend Broken Support 0
Downtrend Resistance 59
Oversold 4

Friday, October 24, 2014

Weekly Stock Market Overview - Oct. 24, 2014

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 425.00 points or 2.59%. The Standard & Poor's 500 Index gained 77.82 points or 4.12%, while the Nasdaq Composite gained 225.27 points or 5.29%. Read More ...


The Health Care Select Sector SPDR sector was the strongest sector (6.60%) last week followed by the Industrial Select Sector SPDR sector (4.33%). The Consumer Staples Select Sector SPDR sector was the worst performing sector (2.87%) of the week followed by the Financial Select Sector SPDR sector (3.49%).


The Conglomerates sector is the most overvalued sector followed by Financial, while Investmnt Brokerage-Regnl, REIT - Retail, and REIT/Healthcare Facilities are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Basic Materials, while Gold, Copper, and Industrial Metals/Mineral are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
21.83% TSCO Tractor Supply Company Consumer Discretionary
17.94% EW Edwards Lifesciences Corp Health Care
14.71% KMX Carmax Inc Consumer Discretionary


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-10.97% IBM International Bus. Machines Information Technology
-5.71% BTU Peabody Energy Corp Materials
-4.31% KO Coca Cola Co. Consumer Staples


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 22
Uptrend Support 3
Uptrend Exhaustion 3
Uptrend Broken Support 1
Downtrend Resistance 27
Oversold 3

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