Stocks and Sectors to Watch: S&P 500 Recap 6/20/11

Major Indices put in strong gains across the board in Monday's session, as the Health Care and Consumer Goods Sectors led the markets higher. The Health Care Sector was the strongest area of the market on Monday, posting a 1% gain in the session. The strongest stocks in the S&P 500 Health Care sector in Monday's session were:1) Biogen Idec (NASDAQ: BIIB): Shares of Biogen Idec closed up 4% from Friday's close to $99.20. The stock is looking to close above $100 for the first time since April 27th. Shares hit a 52-week high of $106.99 on April 1st.2) Aetna (NYSE: AET): Shares of Aetna closed up 3.6% from Friday's close to $44.77. The stock is nearing its 52-week high of $46.01, which was set on May 19th.3) Humana (NYSE: HUM): Shares of Humana closed up 3.5% from Friday's close to $80.26. The stock is nearing its 52-week high of $80.83, which was set on June 1st. The stock has been stuck in a tight consolidation pattern ($75.99 to $80.83) since May 6th. A break above or below either level could lead to a large percentage move.Weakness in the Sector: The following Health Care stocks showed signs of weakness in Monday's action, despite overall sector strength:1) Express Scripts (NYSE: ESRX): Shares of Express Scripts closed down 1.6% from Friday's close to $54.79. The stock has lost 8% over the past fourteen trading days. A bearish head and shoulders appears to be taking shape on a six month daily chart. A break below $54.15 would complete the pattern.2) Boston Scientific (NYSE: BSX): Shares of Boston Scientific closed down 0.7% from Friday's close to $6.74. The stock ran into major resistance at $7.19 – tested twice over the past fourteen trading sessions. A test of $6.47 appears likely.The Consumer Goods Sector gained 0.85% in Monday's session. The strongest stocks in the S&P 500 Consumer Goods Sector were:1) Mattel (NASDAQ: MAT): Shares of Mattel closed up 2.7% from Friday's close to $26.33. The stock is looking to test its 52-week high of $27.49, which was set on April 15th.2) Nike (NYSE: NKE): Shares of Nike closed up 2.6% from Friday's close to $83.23. The stock broke above its 50- and 200-day simple moving averages (one year daily chart) in today's session.3) Newell Rubbermaid (NYSE: NWL): Shares of Newell closed up 2.4% from Friday's close to $15.07. A short-term double bottom has taken shape on a one month daily chart, as the stock found support around $14.14Weakness in the Sector: The following Consumer Goods stocks showed signs of weakness in Monday's action, despite overall sector strength:1) Dean Foods (NYSE: DF): Shares of Dean Foods closed down 1% from Friday's close to $12.54. The stock has lost 10% since hitting a 52-week high of $13.9 0 on May 31st.The Basic Materials Sector gained 0.8% in Monday's session. The strongest stocks in the S&P 500 Basic Materials Sector were:1) International Paper (NYSE: IP): Shares of International Paper closed up 3.3% from Friday's close to $27.44. The stock broke above its 200-day simple moving average (one year daily chart) in today's session.2) Allegheny Technologies (NYSE: ATI): Shares of Allegheny Technologies closed up 2.3% from Friday's close to $60.00. The stock bounced off of its 200-day simple moving average (one year daily chart), which is currently at $58.38, in today's session.3) CF Industries (NYSE: CF): Shares of CF Industries closed up 1.8% from Friday's close to $138.57. A short-term double top has taken shape on a three month daily chart, with $158.42 serving as resistance.Weakness in the Sector: The following Basic Materials stocks showed signs of weakness in Monday's action, despite overall Sector strength.1) Alpha Natural Resources (NYSE: ANR): Shares of Alpha Natural closed down 2.7% from Friday's close to $40.98. The stock's 50-day simple moving average crossed below its 200-day simple moving average (one year daily chart) in today's session, which is a bearish technical indicator known as the “Death Cross.”2) Freeport McMoRan Copper & Gold (NYSE: FCX): Shares of Freeport McMoRan closed down 1.1% from Friday's close to $47.41. The stock's 50-day simple moving average crossed below its 200-day simple moving average (one year daily chart) in today's session, which is a bearish technical indicator known as the “Death Cross.”The Industrials Sector gained 0.8% in Monday's session. The strongest stocks in the S&P 500 Industrials Sector were:1) Caterpillar (NYSE: CAT): Shares of Caterpillar closed up 2.3% from Friday's close to $98.25. The stock has lost 16% since hitting a 52-week high of $116.55 on May 2nd.2) Ryder System (NYSE: R): Shares of Ryder System closed up 2.2% from Friday's close to $52.61. The stock broke above its 50-day simple moving average (one year daily chart) in today's trading session.3) Agilent Technologies (NYSE: A): Shares of Agilent Technologies closed up 2% from Friday's close to $48.38. The stock has found strong support around the $46.80 level. Weakness in the Sector: The following Industrial stocks showed signs of weakness in Monday's action, despite overall Sector Strength:1) Owens-Illinois (NYSE: OI): Shares of Owens-Illinois closed down 1.8% from Friday's close to $25.11. The stock has lost 18% over the past ten trading sessions.2) Flowserve (NYSE: FLS): Shares of Flowserve closed down 0.7% from Friday's close to $104.90. The stock hit a 52-week low of $14.71 in today's trading session. The year-to-date performance of Flowserve has been a loss of 19%.The Consumer Services Sector gained 0.7% in Monday's session. The strongest stocks In the S&P 500 Consumer Services Sector were: 1) Nordstrom (NYSE: JWN): Shares of Nordstrom closed up 2.7% from Friday's close to $44.93. A bearish head and shoulders pattern is taking shape on a six month daily chart. A break of support at $41.88 would provide confirmation.2) Chipotle Mexican Grill (NYSE: CMG): Shares of Chipotle Mexican Grill closed up 2.6% from Friday's close to $276.05. The stock has lost 7% since hitting a 52-week high of $295.99 on May 31st.3) J.C. Penney (NYSE: JCP): Shares of J.C. Penney closed up 2.6% from Friday's close to $35.19.Weakness in the Sector: The following Consumer Services stocks showed signs of weakness in Monday's action, despite overall Sector strength:1) Cablevision Systems (NYSE: CVC): Shares of Cablevision Systems closed down 2% from Friday's close to $35.30. The stock is looking to test its 50-day simple moving average (one year daily chart), which is currently at $34.56.2) Scripps Networks Interactive (NYSE: SNI): Shares of Scripps Networks closed down 1.2% from Friday's close to $46.57. The stock's 50-day simple moving average has crossed below its 200-day simple moving average (one year daily chart), which is a bearish technical indicator known as the “Death Cross.”The Utilities sector gained 0.6% in Monday's session. The strongest stocks in the S&P 500 Utilities Sector were:1) Oneok (NYSE: OKE): Shares of Oneok closed up 1.9% from Friday's close to $70.68. The stock is looking to test its 52-week high of $71.21, which was set on June 1st.2) Ameren (NYSE: AEE): Shares of Ameren closed up 1.4% from Friday's close to $28.79. The stock broke above its 50-day simple moving average (one year daily chart) in today's session.3) Integrys Energy Group (NYSE: TEG): Shares of Integrys Energy closed up 1.3% from Friday's close to $51.02. The stock broke above its 50-day simple moving average in today's session.The Telecomm Sector gained 0.5% in Monday's session. The strongest stocks in the S&P 500 Telecomm Sector were:1) American Tower (NYSE: AMT): Shares of American Tower closed up 1% from Friday's close to $50.68. The stock has been stuck in a tight consolidation range ($49.87 to $51.24) since June 10th. A break above or below either level may lead to a large percentage move.2) Frontier Communications (NYSE: FTR): Shares of Frontier Communications closed up 0.8% from Friday's close to $7.93. The stock is trading near key support at $7.71. After that, no major support comes into play until $7.03.3) AT&T (NYSE: T): Shares of AT&T closed up 0.6% from Friday's close to $30.96. The stock broke above its 50-day simple moving average in today's session.The Oil & Gas Sector gained 0.4% in Monday's session. The strongest stocks in the S&P 500 Oil & Gas Sector were:1) Helmerich & Payne (NYSE: HP): Shares sof Helmerich & Payne closed up 1.6% from Friday's close to $59.29. A bearish head and shoulders pattern is taking shape on a six month daily chart. A break below support at $57.08 would provide confirmation.2) Sunoco (NYSE: SUN): Shares of Sunoco closed up 1.3% from Friday's close to $39.42.3) National Oilwell Varco (NYSE: NOV): Shares of National Oilwell Varco closed up 1.2% from Friday's close to $69.90.Weakness in the Sector: The following Oil & Gas stocks showed signs of weakness in Monday's action, despite overall Sector strength:1) Nabors Industries (NYSE: NBR): Shares of Nabors Industries closed down 1.8% from Friday's close to $23.59. The stock broke below its 50-day simple moving average (one year daily chart) in today's session. The next area of major support comes into play around $21.50.2) Eog Resources (NYSE: EOG): Shares of Eog Resources closed down 1.3% from Friday's close to $100.90. The stock broke below its 200-day simple moving average (one year daily chart) in today's session. Shares have not traded below $100 since January 25th.3) Newfield Exploration (NYSE: NFX): Shares of Newfield Exploration closed down 1.2% from Friday's close to $62.93. The stock broke below key support of $63.08 in today's session – a level dating back to November 16th. The next support level does not come into play until $58.46.The Technology Sector gained 0.4% in Monday's session. The strongest stocks in the S&P 500 Technology Sector were:1) Oracle (NASDAQ: ORCL): Shares of Oracle closed up 2.3% from Friday's close to $31.91. The stock has recently found support at its 200-day simple moving average (one year daily chart), which is currently tat $30.94.2) Sandisk (NASDAQ: SNDK): Shares of Sandisk closed up 2% from Friday's close to $41.79. The stock has lost 11% over the past fourteen trading sessions.3) Yahoo! (NASDAQ: YHOO): Shares of Yahoo! Closed up 2% from Friday's close to $14.99. The stock has lost 21% since hitting a 52-week high of $18.80 on May 6th.Weakness in the Sector: The following sTechnolgy tocks showed signs of weakness in Monday's action, despite overall sector strength.1) MEMC Electronic Materials (NYSE: WFR): Shares of MEMC Electronics closed down 2.8% from Friday's close to $8.22. The stock has lost 21% over the past fourteen trading sessions.2) Advanced Micro Devices (NYSE: AMD): Shares of Advanced Micro closed down 1.6% from Friday's close to $6.89. The stock has lost 21% over the past fourteen trading sessions.3) Apple (NASDAQ: AAPL): Shares of Apple closed down 1.5% from Friday's close to $315.32. The stock is now trading below its 200-day simple moving average (one year daily chart) for the first time since March 16, 2009.The Financials Sector was the weakest sector in Monday's session, losing 0.04%. The weakest stocks in the S&P 500 Financials Sector were:1) PNC Financial Services Group (NYSE: PNC): Shares of PNC Financial Services closed down 2% from Friday's close to $56.66. The stock broke below its 200-day simple moving average (one year daily chart) in Friday's session. The next area of support does not come into play until $53.36 – 6% lower than the current price.2) Morgan Stanley (NYSE: MS): Shares of Morgan Stanley closed down 1.9% from Friday's close to $22.39. The stock may be looking to retest its 52-week low of $21.88, which was set on June 9th.3) Goldman Sachs (NYSE: GS): Shares of Goldman Sachs closed down 1.5% from Friday's close to $135.14. The stock may be looking to retest support at $131.50. Just below that level, is Goldman's 52-week low of $128.56.Strength in the Sector: The following financial stocks showed signs of strength in Monday's action, despite overall negative sector sentiment:1) Moodys (NYSE: MCO): Shares of Moody's closed up 2.6% from Friday's close to $37.29. The stock recently hit a 52-week high of $41.93 on June 9th.2) Apartment Investment and Management (NYSE: AIV): Shares of Apartment Investment and Management closed up 2.4% from Friday's close to $25.99. The stock broke above its 50-day simple moving average (one year daily chart) in today's session.