Friday, September 11, 2009

Weekly Stosk Market Update - 9/11/2009

The Greedy Trader Weekly Analysis
Sign In 9/11/2009
Weekly Stock Market Overview
It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 164.14 points or 1.74%. The Standard & Poor's 500 Index gained 26.33 points or 2.59%, while the Nasdaq Composite gained 62.12 points or 3.08%.
The Energy sector was the strongest sector (5.18%) last week followed by the Industrial sector (4.11%). The Utilities sector was the worst performing sector (0.07%) of the week followed by the Health Care sector (1.51%).
The Consumer Goods sector is the most overvalued sector followed by Technology, while Semiconductr-Memory Chips, Printed Circuit Boards, and Housewares & Accessories are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Services, while Publishing - Books, Auto Parts Stores, and Restaurants are among the most oversold industries.
Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
28.61% MTW Manitowoc Co. Industrials
25.39% AMD Advanced Micro Devices Information Technology
17.75% PCS MetroPCS Communications Inc. Telecommunications Services
Weekly S&P 500 Loosers
Gains/Loses(%) Symbol Company Sector
-7.03% FITB Fifth Third Bancorp Financials
-6.24% AIG American Int'l. Group Financials
-5.36% AEE Ameren Corporation Utilities
Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 4
Uptrend Support 6
Uptrend Exhaustion 50
Uptrend Broken Support 6
Downtrend Resistance 25
Oversold 0
Overbought 144