Friday, March 28, 2014

Weekly Stock Market Overview - March 28, 2014

It was a mixed week for the major markets. For the week the Dow Jones Industrial Average gained 20.29 points or 0.12%. The Standard & Poor's 500 Index dropped -8.90 points or -0.48%, while the Nasdaq Composite dropped -121.03 points or -2.83%. Read More ...


The Energy Select Sector SPDR sector was the strongest sector (2.30%) last week followed by the Utilities Select Sector SPDR sector (1.23%). The Consumer Discretionary Select Sector SPDR sector was the worst performing sector (-2.13%) of the week followed by the Financial Select Sector SPDR sector (-1.29%).


The Utilities sector is the most overvalued sector followed by Basic Materials, while Aluminum, Oil & Gas Equipment/Svcs, and Agricultural Chemicals are among the most overvalued industries. The Financial sector is the most oversold sector followed by Industrial Goods, while Lumber Wood Production, Waste Management, and Diversified Investments are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
8.74% SYMC Symantec Corp. Information Technology
7.59% BAX Baxter International Inc. Health Care
5.99% NBL Noble Energy, Inc. Energy


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-7.92% IGT International Game Technology Consumer Discretionary
-7.66% BIIB BIOGEN IDEC INC Health Care
-7.40% MU Micron Technology Information Technology


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 15
Uptrend Support 33
Uptrend Exhaustion 9
Uptrend Broken Support 2
Downtrend Resistance 18
Oversold 8

Friday, March 21, 2014

Weekly Stock Market Overview - March 21, 2014

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 237.10 points or 1.48%. The Standard & Poor's 500 Index gained 25.39 points or 1.38%, while the Nasdaq Composite gained 31.39 points or 0.74%. Read More ...


The Financial Select Sector SPDR sector was the strongest sector (2.75%) last week followed by the Technology Select Sector SPDR sector (1.91%). The Utilities Select Sector SPDR sector was the worst performing sector (-0.93%) of the week followed by the Health Care Select Sector SPDR sector (-0.44%).


The Utilities sector is the most overvalued sector followed by Technology, while Multimedia/Graphics Sftwr, Computer Peripherals, and Information Technlgy Svcs are among the most overvalued industries. The Conglomerates sector is the most oversold sector followed by Financial, while REIT/Healthcare Facilities, Prprty/Casualty Insurance, and Diversified Investments are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
12.64% X United States Steel Corp. Materials
9.91% HPQ Hewlett-Packard Information Technology
9.52% SCHW Charles Schwab Financials


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-9.72% SYMC Symantec Corp. Information Technology
-6.23% NEM Newmont Mining Corp. (Hldg. Co.) Materials
-4.72% FRX Forest Laboratories Health Care


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 1
Downtrend Broken Resistance 15
Uptrend Support 9
Uptrend Exhaustion 15
Uptrend Broken Support 7
Downtrend Resistance 24
Oversold 4

Friday, March 14, 2014

Weekly Stock Market Overview - March 14, 2014

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -387.05 points or -2.35%. The Standard & Poor's 500 Index dropped -36.91 points or -1.97%, while the Nasdaq Composite dropped -90.82 points or -2.09%. Read More ...


The Utilities Select Sector SPDR sector was the strongest sector (2.25%) last week followed by the Consumer Staples Select Sector SPDR sector (-0.19%). The Industrial Select Sector SPDR sector was the worst performing sector (-3.11%) of the week followed by the Financial Select Sector SPDR sector (-2.55%).


The Healthcare sector is the most overvalued sector followed by Services, while Drug Manufacturers/Other, Regional Airlines, and Specialized Health Svcs are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Financial, while Copper, Major Integrated Oil/Gas, and Steel & Iron are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
6.42% NEM Newmont Mining Corp. (Hldg. Co.) Materials
5.08% SWN Southwestern Energy Co. Utilities
4.06% JDSU JDS Uniphase Corp Information Technology


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-8.21% NE Noble Corp Energy
-8.14% IR Ingersoll-Rand Plc Industrials
-7.25% BTU Peabody Energy Corp Materials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 4
Downtrend Broken Resistance 13
Uptrend Support 15
Uptrend Exhaustion 2
Uptrend Broken Support 2
Downtrend Resistance 11
Oversold 16

Friday, March 07, 2014

Weekly Stock Market Overview - March 7, 2014

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 131.01 points or 0.80%. The Standard & Poor's 500 Index gained 18.59 points or 1.00%, while the Nasdaq Composite gained 28.10 points or 0.65%. Read More ...


The Financial Select Sector SPDR sector was the strongest sector (3.09%) last week followed by the Industrial Select Sector SPDR sector (1.81%). The Utilities Select Sector SPDR sector was the worst performing sector (-1.14%) of the week followed by the Health Care Select Sector SPDR sector (0.02%).


The Services sector is the most overvalued sector followed by Conglomerates, while Gaming Activities, Music & Video Stores, and Regional Airlines are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Technology, while Long Distance Carriers, Personal Computers, and Printed Circuit Boards are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
21.73% BIG Big Lots, Inc. Consumer Discretionary
19.23% JCP Penney (J.C.) Consumer Discretionary
10.44% VLO Valero Energy Energy


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-15.53% SPLS Staples Inc. Consumer Discretionary
-12.76% DOV Dover Corp. Industrials
-6.89% CLF Cliffs Natural Resources Inc Materials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 16
Uptrend Support 2
Uptrend Exhaustion 23
Uptrend Broken Support 1
Downtrend Resistance 46
Oversold 4