Friday, June 05, 2015

Weekly Stock Market Overview - June 5, 2015

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -161.22 points or -0.90%. The Standard & Poor's 500 Index dropped -14.56 points or -0.69%, while the Nasdaq Composite dropped -1.57 points or -0.03%. Read More ...


The Financial Select Sector SPDR sector was the strongest sector (0.77%) last week followed by the Consumer Discretionary Select Sector SPDR sector (0.29%). The Utilities Select Sector SPDR sector was the worst performing sector (-4.00%) of the week followed by the Consumer Staples Select Sector SPDR sector (-2.46%).


The Financial sector is the most overvalued sector followed by Services, while Music & Video Stores, Investmnt Brokerage-Natl, and Regional-Pacific Banks are among the most overvalued industries. The Healthcare sector is the most oversold sector followed by Utilities, while Water Utilities, Electric Utilities, and Diversified Utilities are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
10.25% ZION Zions Bancorp Financials
9.36% PVH PVH Corp. Consumer Discretionary
5.70% URBN Urban Outfitters Inc. Consumer Discretionary


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-10.83% PPL PPL Corp. Utilities
-7.60% INTC Intel Corp. Information Technology
-6.91% CMS CMS Energy Utilities


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 7
Downtrend Broken Resistance 14
Uptrend Support 54
Uptrend Exhaustion 2
Uptrend Broken Support 3
Downtrend Resistance 1
Oversold 46