Friday, August 27, 2010

Weekly Stock Market Overview - 8/27/2010

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -62.97 points or -0.62%. The Standard & Poor's 500 Index dropped -7.10 points or -0.66%, while the Nasdaq Composite dropped -26.13 points or -1.20%. Read More ...

The Utilities sector was the strongest sector (2.20%) last week followed by the Consumer Staples sector (-0.15%). The Industrial sector was the worst performing sector (-1.47%) of the week followed by the Technology sector (-1.45%).

The Healthcare sector is the most overvalued sector followed by Financial, while REIT/Healthcare Facilities, Property Management, and REIT - Diversified are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Consumer Goods, while Photographic Equip/Supls, Appliances, and Home Furnishings/Fixtures are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
11.25% LNC Lincoln National Financials
10.68% WPO Washington Post Co. Consumer Discretionary
8.46% PLD ProLogis Financials


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-17.61% SNDK SanDisk Corp. Information Technology
-10.72% ODP Office Depot Consumer Discretionary
-9.70% MEE Massey Energy Co. Materials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 6
Downtrend Broken Resistance 38
Uptrend Support 33
Uptrend Exhaustion 0
Uptrend Broken Support 1
Downtrend Resistance 0
Oversold 70

Friday, August 20, 2010

Weekly Stock Market Overview - 8/20/2010

It was a mixed week for the major markets. For the week the Dow Jones Industrial Average dropped -89.53 points or -0.87%. The Standard & Poor's 500 Index dropped -7.56 points or -0.70%, while the Nasdaq Composite gained 6.28 points or 0.29%. Read More ...

The Materials sector was the strongest sector (0.61%) last week followed by the Consumer Discretionary sector (0.49%). The Energy sector was the worst performing sector (-2.17%) of the week followed by the Financial sector (-1.71%).

The Utilities sector is the most overvalued sector followed by Healthcare, while Diversified Utilities, Electric Utilities, and Biotechnology are among the most overvalued industries. The Services sector is the most oversold sector followed by Basic Materials, while Education & Training Services, Specialty Retail Other, and Drug Stores are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
15.66% INTU Intuit, Inc. Information Technology
11.83% SYMC Symantec Corp. Information Technology
8.70% EBAY eBay Inc. Consumer Discretionary


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-11.07% DV DeVry Inc. Industrials
-8.28% SVU Supervalu Inc. Consumer Staples
-7.45% SHLD Sears Holdings Corporation Consumer Discretionary


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 6
Downtrend Broken Resistance 38
Uptrend Support 40
Uptrend Exhaustion 1
Uptrend Broken Support 2
Downtrend Resistance 2
Oversold 52

Friday, August 13, 2010

Weekly Stock Market Overview - 8/13/2010

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -350.41 points or -3.29%. The Standard & Poor's 500 Index dropped -42.39 points or -3.78%, while the Nasdaq Composite dropped -114.99 points or -5.02%. Read More ...

The Utilities sector was the strongest sector (-0.94%) last week followed by the Consumer Staples sector (-1.07%). The Financial sector was the worst performing sector (-4.80%) of the week followed by the Industrial sector (-4.70%).

The Utilities sector is the most overvalued sector followed by Industrial Goods, while Farm/Construction Machnry, Electric Utilities, and Diversified Utilities are among the most overvalued industries. The Technology sector is the most oversold sector followed by Services, while Home Improvement Stores, Education & Training Services, and Semiconductr-Memory Chips are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
3.55% M Macy's Inc. Consumer Discretionary
2.78% CMS CMS Energy Utilities


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-13.09% JBL Jabil Circuit Information Technology
-12.89% AMD Advanced Micro Devices Information Technology
-12.78% TXT Textron Inc. Industrials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 7
Downtrend Broken Resistance 43
Uptrend Support 27
Uptrend Exhaustion 1
Uptrend Broken Support 0
Downtrend Resistance 6
Oversold 48