Friday, February 05, 2010

Weekly Stock Market Overview - 2/5/2010

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -55.10 points or -0.55%. The Standard & Poor's 500 Index dropped -7.68 points or -0.72%, while the Nasdaq Composite dropped -6.23 points or -0.29%. Read More ... The Materials sector was the strongest sector (1.13%) last week followed by the Technology sector (0.53%). The Utilities sector was the worst performing sector (-2.07%) of the week followed by the Financial sector (-1.69%). The Financial sector is the most overvalued sector followed by Basic Materials, while Regional-Pacific Banks, Agricultural Chemicals, and Regional-Mid-Atlantc Bnks are among the most overvalued industries. The Conglomerates sector is the most oversold sector followed by Technology, while Long Distance Carriers, Security Software & Svcs, and Wireless Communications are among the most oversold industries. Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
44.25% ARG Airgas Inc. Materials
25.09% LXK Lexmark Int'l Inc Information Technology
11.78% CMI CUMMINS INC Industrials
Weekly S&P 500 Loosers
Gains/Loses(%) Symbol Company Sector
-16.22% GCI Gannett Co. Consumer Discretionary
-10.27% MI Marshall & Ilsley Corp. Financials
-9.64% APD Air Products & Chemicals Materials
Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 2
Downtrend Broken Resistance 15
Uptrend Support 108
Uptrend Exhaustion 1
Uptrend Broken Support 0
Downtrend Resistance 1