Friday, July 17, 2015

Weekly Stock Market Overview - July 17, 2015

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 326.04 points or 1.84%. The Standard & Poor's 500 Index gained 50.02 points or 2.41%, while the Nasdaq Composite gained 212.44 points or 4.25%. Read More ...


The Technology Select Sector SPDR sector was the strongest sector (4.83%) last week followed by the Financial Select Sector SPDR sector (3.04%). The Energy Select Sector SPDR sector was the worst performing sector (-1.43%) of the week followed by the Materials Select Sector SPDR sector (-0.08%).


The Services sector is the most overvalued sector followed by Healthcare, while Specialty Eateries, Music & Video Stores, and Drug Stores are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Conglomerates, while Aluminum, Industrial Metals/Mineral, and Major Integrated Oil/Gas are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
15.40% TE TECO Energy Utilities
14.51% MU Micron Technology Information Technology
9.13% VRTX Vertex Pharmaceuticals Health Care


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-19.38% BTU Peabody Energy Corp Materials
-10.97% RDC Rowan Cos. Energy
-9.07% ATI Allegheny Technologies Inc Materials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 23
Downtrend Broken Resistance 21
Uptrend Support 13
Uptrend Exhaustion 14
Uptrend Broken Support 1
Downtrend Resistance 42
Oversold 36