Friday, May 01, 2015

Weekly Stock Market Overview - May 1, 2015

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -56.08 points or -0.31%. The Standard & Poor's 500 Index dropped -9.40 points or -0.44%, while the Nasdaq Composite dropped -86.69 points or -1.70%. Read More ...


The Materials Select Sector SPDR sector was the strongest sector (1.97%) last week followed by the Energy Select Sector SPDR sector (1.09%). The Health Care Select Sector SPDR sector was the worst performing sector (-2.30%) of the week followed by the Consumer Discretionary Select Sector SPDR sector (-1.65%).


The Utilities sector is the most overvalued sector followed by Conglomerates, while Gas Utilities, Water Utilities are among the most overvalued industries. The Industrial Goods sector is the most oversold sector followed by Healthcare, while Lumber Wood Production, Residential Construction, and Aerospace/Defense-Maj Dvd are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
14.82% RIG Transocean Energy
13.85% ESV Ensco plc Energy
13.64% FCX Freeport-McMoran Cp & Gld Materials


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-13.14% X United States Steel Corp. Materials
-12.83% HAR Harman Int'l Consumer Discretionary
-11.21% COH Coach, Inc. Consumer Discretionary


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 1
Downtrend Broken Resistance 31
Uptrend Support 35
Uptrend Exhaustion 2
Uptrend Broken Support 1
Downtrend Resistance 27
Oversold 16