Friday, February 19, 2010

Weekly Stock Market Overview - 2/19/2010

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 303.21 points or 3.00%. The Standard & Poor's 500 Index gained 33.66 points or 3.13%, while the Nasdaq Composite gained 60.34 points or 2.76%. Read More ...

The Industrial sector was the strongest sector (4.68%) last week followed by the Materials sector (4.26%). The Health Care sector was the worst performing sector (2.14%) of the week followed by the Technology sector (2.15%).

The Technology sector is the most overvalued sector followed by Consumer Goods, while Computer Peripherals, Meat Products, and Toys & Games are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Industrial Goods, while General Contractors, Electric Utilities, and Waste Management are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
17.92% SII Smith International Energy
13.14% WFMI Whole Foods Market Consumer Staples
11.33% INTU Intuit, Inc. Information Technology


Weekly S&P 500 Loosers
Gains/Loses(%) Symbol Company Sector
-4.44% NVDA NVIDIA Corp. Information Technology
-4.07% FTI FMC Technologies Inc. Energy
-3.88% APOL Apollo Group Consumer Discretionary


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 20
Uptrend Support 11
Uptrend Exhaustion 9
Uptrend Broken Support 2
Downtrend Resistance 33
Oversold 4