Friday, May 31, 2013

Weekly Stock Market Overview - May 31, 2013

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -187.53 points or -1.23%. The Standard & Poor's 500 Index dropped -18.86 points or -1.14%, while the Nasdaq Composite dropped -3.23 points or -0.09%. Read More ...

The Financial Select Sector SPDR sector was the strongest sector (0.56%) last week followed by the Technology Select Sector SPDR sector (-0.09%). The Consumer Staples Select Sector SPDR sector was the worst performing sector (-3.96%) of the week followed by the Utilities Select Sector SPDR sector (-2.96%).

The Services sector is the most overvalued sector followed by Technology, while Processing Systems/Prods, Computer Peripherals, and Semiconductr-Memory Chips are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Healthcare, while Water Utilities, Electric Utilities, and Diversified Utilities are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
7.23% NEM Newmont Mining Corp. (Hldg. Co.) Materials
6.37% MS Morgan Stanley Financials
6.02% F Ford Motor Consumer Discretionary


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-11.44% CLF Cliffs Natural Resources Inc Materials
-11.05% BIG Big Lots, Inc. Consumer Discretionary
-9.55% EXC Exelon Corp. Utilities


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 1
Downtrend Broken Resistance 8
Uptrend Support 33
Uptrend Exhaustion 7
Uptrend Broken Support 5
Downtrend Resistance 3
Oversold 2

Friday, May 24, 2013

Weekly Stock Market Overview - May 24, 2013

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -51.30 points or -0.33%. The Standard & Poor's 500 Index dropped -17.87 points or -1.07%, while the Nasdaq Composite dropped -39.83 points or -1.14%. Read More ...

The Health Care Select Sector SPDR sector was the strongest sector (0.04%) last week followed by the Energy Select Sector SPDR sector (-0.50%). The Utilities Select Sector SPDR sector was the worst performing sector (-3.70%) of the week followed by the Materials Select Sector SPDR sector (-1.67%).

The Consumer Goods sector is the most overvalued sector followed by Services, while Regional Airlines, Home Furnishing Stores, and Specialty Eateries are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Healthcare, while Water Utilities, Drug Manufacturers/Other, and Medical Instruments/Supls are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
13.82% HPQ Hewlett-Packard Information Technology
9.47% BMY Bristol-Myers Squibb Health Care
5.39% JCP Penney (J.C.) Consumer Discretionary


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-12.64% SHLD Sears Holdings Corporation Consumer Discretionary
-7.83% SWY Safeway Inc. Consumer Staples
-7.78% ANF Abercrombie & Fitch Co. Consumer Discretionary


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 19
Uptrend Support 14
Uptrend Exhaustion 8
Uptrend Broken Support 4
Downtrend Resistance 6
Oversold 0

Friday, May 17, 2013

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 235.91 points or 1.56%. The Standard & Poor's 500 Index gained 33.77 points or 2.07%, while the Nasdaq Composite gained 62.39 points or 1.82%. Read More ...

The Financial Select Sector SPDR sector was the strongest sector (3.64%) last week followed by the Energy Select Sector SPDR sector (2.30%). The Utilities Select Sector SPDR sector was the worst performing sector (1.23%) of the week followed by the Consumer Discretionary Select Sector SPDR sector (1.37%).

The Services sector is the most overvalued sector followed by Consumer Goods, while Specialty Eateries, Electronics Stores, and Gaming Activities are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Technology, while Water Utilities, Information Technlgy Svcs, and Technical/System Software are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
14.88% CSCO Cisco Systems Information Technology
14.71% GT Goodyear Tire & Rubber Consumer Discretionary
13.56% APOL Apollo Group Consumer Discretionary


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-12.07% CLF Cliffs Natural Resources Inc Materials
-9.52% CSC Computer Sciences Corp. Information Technology
-7.52% NEM Newmont Mining Corp. (Hldg. Co.) Materials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 2
Downtrend Broken Resistance 15
Uptrend Support 2
Uptrend Exhaustion 67
Uptrend Broken Support 4
Downtrend Resistance 26
Oversold 1

Friday, May 10, 2013

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 144.53 points or 0.97%. The Standard & Poor's 500 Index gained 19.28 points or 1.19%, while the Nasdaq Composite gained 57.95 points or 1.72%. Read More ...

The Industrial Select Sector SPDR sector was the strongest sector (2.52%) last week. The Utilities Select Sector SPDR sector was the worst performing sector (-2.59%) of the week.

The Consumer Goods sector is the most overvalued sector followed by Services, while Electronics Stores, Home Furnishing Stores, and Gaming Activities are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Healthcare, while Water Utilities, Drugs - Generic, and Medical Appliances/Equip. are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
25.20% EA Electronic Arts Information Technology
18.18% CLF Cliffs Natural Resources Inc Materials
12.36% MU Micron Technology Information Technology


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-6.36% ADBE Adobe Systems Information Technology
-5.86% NI NiSource Inc. Utilities
-5.74% CHRW C.H. Robinson Worldwide Industrials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 1
Downtrend Broken Resistance 19
Uptrend Support 1
Uptrend Exhaustion 55
Uptrend Broken Support 3
Downtrend Resistance 38
Oversold 0

Friday, May 03, 2013

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 261.41 points or 1.78%. The Standard & Poor's 500 Index gained 32.18 points or 2.03%, while the Nasdaq Composite gained 99.37 points or 3.03%. Read More ...

The Technology Select Sector SPDR sector was the strongest sector (3.89%) last week followed by the 0 sector (XLE%). The Utilities Select Sector SPDR sector was the worst performing sector (-0.22%) of the week followed by the sector (XLV%).

The Technology sector is the most overvalued sector followed by Basic Materials, while Processing Systems/Prods, Diversified Commun Svcs, and Computer Peripherals are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Healthcare, while Water Utilities, Drugs - Generic, and Drug Delivery are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
36.36% AMD Advanced Micro Devices Information Technology
14.96% VMC Vulcan Materials Materials
13.84% MCO Moody's Corp Financials


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-7.69% VLO Valero Energy Energy
-7.32% OKE ONEOK Inc. Utilities
-6.44% AGN Allergan, Inc. Health Care


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 22
Uptrend Support 4
Uptrend Exhaustion 42
Uptrend Broken Support 3
Downtrend Resistance 27
Oversold 1