Friday, April 16, 2010

Weekly Stock Market Overview - 4/16/2010

It was a mixed week for the major markets. For the week the Dow Jones Industrial Average gained 21.31 points or 0.19%. The Standard & Poor's 500 Index dropped -2.24 points or -0.19%, while the Nasdaq Composite gained 27.21 points or 1.11%. Read More ...

The Consumer Discretionary sector was the strongest sector (1.18%) last week followed by the Technology sector (1.06%). The Materials sector was the worst performing sector (-1.66%) of the week followed by the Health Care sector (-1.40%).

The Technology sector is the most overvalued sector followed by Financial, while Technical/System Software, Computer Peripherals, and REIT - Hotel/Motel are among the most overvalued industries. The Industrial Goods sector is the most oversold sector followed by Healthcare, while Drug Manufacturers/Major, Health Care Plans, and Medical Practitioners are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
10.88% GT Goodyear Tire & Rubber Consumer Discretionary
9.25% VMC Vulcan Materials Materials
9.25% DV DeVry Inc. Industrials


Weekly S&P 500 Loosers
Gains/Loses(%) Symbol Company Sector
-10.28% GS Goldman Sachs Group Financials
-9.52% MEE Massey Energy Co. Materials
-8.57% GWW Grainger (W.W.) Inc. Industrials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 1
Downtrend Broken Resistance 21
Uptrend Support 5
Uptrend Exhaustion 74
Uptrend Broken Support 8
Downtrend Resistance 37
Oversold 4