Sunday, August 30, 2015

ETF's Commodity Alert - United States Oil (USO) ended up 1.65 points, or 12.47%

Weekly Stock Market Overview
It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 183.26 points or 1.11%. The Standard & Poor's 500 Index gained 17.98 points or 0.91%, while the Nasdaq Composite gained 122.28 points or 2.60%. Read More ...

The S&P 500 (^GSPC) rose 17.98 points to 1988.87.
The S&P 500 weekly downtrend started on July 20, 2015 at 2,132.82 and reached 1,867.01 on August 24, 2015, making 12.46% loss in five weeks.
^DJI: Dow Jones Industrial Average

Volume was 63% above average. Volatility was 210% above average. The chart has formed a daily bearish Advance Block candlestick pattern. This pattern occurs in an uptrend; it is not a top reversal pattern, but it might precede a meaningful price decline. The reliability of the Bearish Advance Block pattern is medium. Lane's Stochastic is overbought in a monthly time frame. Lane's Stochastic has bearish divergence in a monthly time frame.

S&P 500 Members Alerts
Almost 24% of S&P 500 component stocks have weekly lane's stochastic main line (k%) crossed above oversold signal line (d%). It is a highest level since June 08, 2012. More than 52% of S&P 500 component stocks have daily lane's stochastic main line (k%) crossed above oversold signal line (d%). It is a highest level since December 19, 2014.
The stochastic crossover in oversold area is considered a buy signal. The chart below shows how the weekly lane's stochastic main line (k%) crossed above oversold signal line (d%) on June 08, 2012 signals the S&P 500 downtrend reversal. The S&P 500 index monthly uptrend started on June 04, 2012 at 1,266.74 and reached 1,474.51 on September 14, 2012, making 16.40% gain in ten weeks.
^GSPC: S&P 500 Index

ETF's Commodity Alert
For the week the United States Oil (USO) ended up 1.65 points, or 12.47%, to 14.88. The United States Oil weekly downtrend started on June 02, 2015 at 20.80 and reached 12.37 on August 24, 2015, making 40.53% loss in twelve weeks.
USO: United States Oil
It was the biggest advance recorded. Volume was 269% above average. USO has a selling climax signal. Price rises above Parabolic SAR. USO price is below 50 and above 20 Day Moving Average. Williams' Percentage Range is strongly oversold in a monthly time frame and oversold in a weekly time frame. Lane's Stochastic is strongly oversold in a weekly time frame and oversold in a monthly time frame.
USO: United States Oil

Sector Rotation
The Energy Select Sector SPDR sector was the strongest sector (3.54%) last week followed by the Technology Select Sector SPDR sector (2.63%). The Utilities Select Sector SPDR sector was the worst performing sector (-4.22%) of the week followed by the Consumer Staples Select Sector SPDR sector (-0.15%).


The Industrial Goods sector is the most overvalued sector followed by Utilities, while Waste Management, Residential Construction, and Aerospace/Defense-Maj Dvd are among the most overvalued industries. The Services sector is the most oversold sector followed by Conglomerates, while Publishing - Newspapers, Broadcasting - TV, and Department Stores are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
47.76% CAM Cameron International Energy
34.27% BTU Peabody Energy Corp Materials
26.54% GAS NICOR Inc. Utilities


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-14.87% POM Pepco Holdings Inc. Utilities
-8.19% ADSK Autodesk, Inc. Information Technology
-7.06% CTXS Citrix Systems Information Technology


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 2
Downtrend Broken Resistance 11
Uptrend Support 5
Uptrend Exhaustion 0
Uptrend Broken Support 1
Downtrend Resistance 2
Oversold 15

Friday, August 07, 2015

For the week the Dow Jones Industrial Average dropped -316.48 points or -1.79%.

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -316.48 points or -1.79%. The Standard & Poor's 500 Index dropped -26.27 points or -1.25%, while the Nasdaq Composite dropped -84.74 points or -1.65%. More than 12% of S&P 500 component stocks have an above average volatility. It is a highest level since December 19, 2014. Read More ...
ETF's Indices Alert
During the past week iShares MSCI Japan Index (EWJ) advanced 0.01 points, or 0.08%, to 12.94.
EWJ: iShares MSCI Japan Index
Volatility was 56% below average. Volatility is a measure for variation of price of a stock over time. Chart has formed a daily bearish Downside Tasuki Gap candlestick pattern. This is a rare continuation formation that appears in a strongly downward moving market. The reliability of the Bearish Downside Tasuki Gap pattern is medium. EWJ price is near 100 Day Moving Average. Williams' Percentage Range, and Lane's Stochastic is overbought in a monthly time frame.
EWJ: iShares MSCI Japan Index


The Utilities Select Sector SPDR sector was the strongest sector (0.91%) last week followed by the Financial Select Sector SPDR sector (-0.04%). The Energy Select Sector SPDR sector was the worst performing sector (-3.39%) of the week followed by the Consumer Discretionary Select Sector SPDR sector (-2.42%).


The Healthcare sector is the most overvalued sector followed by Utilities, while Drug Delivery, Drug Manufacturers/Other, and Medical Instruments/Supls are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Financial, while Gold, Industrial Metals/Mineral, and Aluminum are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
15.19% NVDA NVIDIA Corp. Information Technology
9.53% FTR Frontier Communications Telecommunications Services
8.11% AVP Avon Products Consumer Staples


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-20.23% VIAB Viacom Inc. Consumer Discretionary
-19.16% TDC Teradata Corp. Telecommunications Services
-14.41% PWR Quanta Services Inc. Industrials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 31
Downtrend Broken Resistance 32
Uptrend Support 16
Uptrend Exhaustion 8
Uptrend Broken Support 1
Downtrend Resistance 20
Oversold 42