Friday, March 12, 2010

Weekly Stock Market Overview - 3/12/2010

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 58.49 points or 0.55%. The Standard & Poor's 500 Index gained 11.30 points or 0.99%, while the Nasdaq Composite gained 41.31 points or 1.78%. Read More ...

The Financial sector was the strongest sector (2.10%) last week followed by the Technology sector (1.97%). The Health Care sector was the worst performing sector (-0.56%) of the week followed by the Utilities sector (-0.40%).

The Services sector is the most overvalued sector followed by Consumer Goods, while Toys & Games, Regional Airlines, and Meat Products are among the most overvalued industries. The Healthcare sector is the most oversold sector followed by Industrial Goods, while General Contractors, Medical Labs & Research, and Hospitals are among the most oversold industries.



Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
21.90% AIG American Int'l. Group Financials
13.43% C Citigroup Inc. Financials
12.01% ZION Zions Bancorp Financials


Weekly S&P 500 Loosers
Gains/Loses(%) Symbol Company Sector
-7.25% EQT EQT Corporation Utilities
-6.40% ADM Archer-Daniels-Midland Consumer Staples
-5.93% PLL Pall Corp. Industrials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 23
Uptrend Support 2
Uptrend Exhaustion 26
Uptrend Broken Support 0
Downtrend Resistance 58
Oversold 5