Friday, February 26, 2010

weekly Stock Market Analysis - 02/26/2010

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -77.09 points or -0.74%. The Standard & Poor's 500 Index dropped -4.68 points or -0.42%, while the Nasdaq Composite dropped -5.61 points or -0.25%. Read More ...

The Financial sector was the strongest sector (1.52%) last week followed by the Consumer Discretionary sector (0.99%). The Materials sector was the worst performing sector (-2.45%) of the week followed by the Energy sector (-2.13%).

The Services sector is the most overvalued sector followed by Healthcare, while Regional Airlines, Drug Delivery, and Auto Parts Stores are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Basic Materials, while Major Integrated Oil/Gas, Aluminum, and Oil & Gas Refining/Mrktng are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
32.34% MIL Millipore Corp. Health Care
29.43% CCE Coca-Cola Enterprises Consumer Staples
12.36% JDSU JDS Uniphase Corp Information Technology


Weekly S&P 500 Loosers
Gains/Loses(%) Symbol Company Sector
-18.18% HRB Block H & R Consumer Discretionary
-9.13% MON Monsanto Co. Materials
-9.09% DYN Dynegy Inc. (New) Class A Utilities


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 1
Downtrend Broken Resistance 14
Uptrend Support 6
Uptrend Exhaustion 6
Uptrend Broken Support 2
Downtrend Resistance 31
Oversold 4