Friday, March 19, 2010

Weekly Stock Market Overview - 3/19/2010

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 117.29 points or 1.10%. The Standard & Poor's 500 Index gained 9.91 points or 0.86%, while the Nasdaq Composite gained 6.75 points or 0.29%. Read More ...

The Industrial sector was the strongest sector (1.45%) last week followed by the Health Care sector (1.29%). The Energy sector was the worst performing sector (-2.09%) of the week followed by the Materials sector (-0.03%).

The Utilities sector is the most overvalued sector followed by Services, while Electronics Wholesale, Regional Airlines, and Apparel Stores are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Technology, while Long Distance Carriers, Aluminum, and Semiconductor Equip/Matrl are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
15.08% LSI LSI Corporation Information Technology
8.34% CVH Coventry Health Care Inc. Health Care
8.23% AET Aetna Inc. (New) Health Care


Weekly S&P 500 Loosers
Gains/Loses(%) Symbol Company Sector
-11.68% NBR Nabors Industries Ltd. Energy
-10.73% SWN Southwestern Energy Co. Utilities
-9.68% DYN Dynegy Inc. (New) Class A Utilities


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 24
Uptrend Support 5
Uptrend Exhaustion 40
Uptrend Broken Support 5
Downtrend Resistance 56
Oversold 1