Weekly Stock Market Overview - June 29, 2012

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 239.31 points or 1.89%. The Standard & Poor's 500 Index gained 27.14 points or 2.03%, while the Nasdaq Composite gained 42.63 points or 1.47%. Read More ...

The Energy sector was the strongest sector (4.62%) last week followed by the Materials sector (3.10%). The Technology sector was the worst performing sector (0.86%) of the week followed by the Consumer Discretionary sector (1.09%).

The Utilities sector is the most overvalued sector followed by Healthcare, while Electric Utilities, Diversified Utilities, and Drug Manufacturers/Major are among the most overvalued industries. The Technology sector is the most oversold sector followed by Conglomerates, while Wireless Communications, Networking & Commun Dvcs, and Computer Peripherals are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%)	Symbol	Company	Sector
39.70%	STZ	Constellation Brands	Consumer Staples
17.22%	LEN	Lennar Corp.	Consumer Discretionary
13.95%	PHM	Pulte Homes, Inc.	Consumer Discretionary

Weekly S&P 500 Losers

Gains/Loses(%)	Symbol	Company	Sector
-13.95%	ORLY	O'Reilly Automotive Inc.	Consumer Discretionary
-11.69%	NKE	NIKE Inc.	Consumer Discretionary
-8.56%	WLP	WellPoint Health Networks	Health Care

Weekly S&P 500 Alerts

Stock Market Alerts	Count
Downtrend Exhaustion	1
Downtrend Broken Resistance	35
Uptrend Support	6
Uptrend Exhaustion	2
Uptrend Broken Support	0
Downtrend Resistance	23
Oversold	9

Weekly Stock Market Overview - June 15, 2012

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 212.97 points or 1.70%. The Standard & Poor's 500 Index gained 17.18 points or 1.30%, while the Nasdaq Composite gained 14.38 points or 0.50%. Read More ...

The Energy sector was the strongest sector (1.74%) last week followed by the Financial sector (1.44%). The Materials sector was the worst performing sector (-0.14%) of the week followed by the Consumer Discretionary sector (0.02%).

The Utilities sector is the most overvalued sector followed by Industrial Goods, while Diversified Utilities, Electric Utilities, and General Contractors are among the most overvalued industries. The Financial sector is the most oversold sector followed by Basic Materials, while Industrial Metals/Mineral, Investmnt Brokerage-Natl, and Diversified Investments are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%)	Symbol	Company	Sector
13.91%	FTR	Frontier Communications	Telecommunications Services
10.53%	EW	Edwards Lifesciences Corp	Health Care
9.73%	COG	Cabot Oil & Gas Corp.	Energy

Weekly S&P 500 Losers

Gains/Loses(%)	Symbol	Company	Sector
-8.78%	STJ	St Jude Medical	Health Care
-7.64%	DV	DeVry Inc.	Industrials
-7.64%	NFX	Newfield Exploration Co	Energy

Weekly S&P 500 Alerts

Stock Market Alerts	Count
Downtrend Exhaustion	10
Downtrend Broken Resistance	19
Uptrend Support	13
Uptrend Exhaustion	14
Uptrend Broken Support	1
Downtrend Resistance	22
Oversold	28

Weekly Stock Market Overview - June 9, 2012

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 435.63 points or 3.59%. The Standard & Poor's 500 Index gained 47.62 points or 3.73%, while the Nasdaq Composite gained 110.94 points or 4.04%. Read More ...

The Financial sector was the strongest sector (4.80%) last week followed by the Materials sector (4.47%). The Consumer Staples sector was the worst performing sector (2.80%) of the week followed by the Health Care sector (3.04%).

The Technology sector is the most overvalued sector followed by Utilities, while Long Distance Carriers, Diversified Utilities, and Electric Utilities are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Consumer Goods, while Aluminum, Trucks & Other Vehicles, and Beverages-Brewers are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%)	Symbol	Company	Sector
18.73%	S	Sprint Nextel Corp.	Telecommunications Services
13.45%	SNDK	SanDisk Corp.	Information Technology
12.13%	MAS	Masco Corp.	Industrials

Weekly S&P 500 Losers

Gains/Loses(%)	Symbol	Company	Sector
-6.74%	FAST	Fastenal Co.	Industrials
-6.71%	HAL	Halliburton Co.	Energy
-5.45%	RSH	RadioShack Corp.	Consumer Discretionary

Weekly S&P 500 Alerts

Stock Market Alerts	Count
Downtrend Exhaustion	4
Downtrend Broken Resistance	10
Uptrend Support	10
Uptrend Exhaustion	4
Uptrend Broken Support	0
Downtrend Resistance	11
Oversold	20

Weekly Stock Market Overview - June 1, 2012

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -336.26 points or -2.70%. The Standard & Poor's 500 Index dropped -39.78 points or -3.02%, while the Nasdaq Composite dropped -90.05 points or -3.17%. Read More ...

The Utilities sector was the strongest sector (-0.20%) last week followed by the Consumer Staples sector (-2.15%). The Energy sector was the worst performing sector (-4.74%) of the week followed by the Financial sector (-3.78%).

The Utilities sector is the most overvalued sector followed by Financial, while Diversified Utilities, REIT - Residential, and Electric Utilities are among the most overvalued industries. The Technology sector is the most oversold sector followed by Basic Materials, while Computer Peripherals, Wireless Communications, and Semiconductr-Memory Chips are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%)	Symbol	Company	Sector
3.55%	MON	Monsanto Co.	Materials
3.03%	NEM	Newmont Mining Corp. (Hldg. Co.)	Materials
2.90%	NTAP	NetApp, Inc.	Information Technology

Weekly S&P 500 Losers

Gains/Loses(%)	Symbol	Company	Sector
-14.76%	SHLD	Sears Holdings Corporation	Consumer Discretionary
-11.47%	PHM	Pulte Homes, Inc.	Consumer Discretionary
-11.47%	KSS	Kohl's Corp.	Consumer Discretionary

Weekly S&P 500 Alerts

Stock Market Alerts	Count
Downtrend Exhaustion	30
Downtrend Broken Resistance	6
Uptrend Support	85
Uptrend Exhaustion	3
Uptrend Broken Support	0
Downtrend Resistance	2
Oversold	95