Friday, April 30, 2010

Weekly Stock Market Overview - 4/30/2010

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -195.67 points or -1.75%. The Standard & Poor's 500 Index dropped -30.60 points or -2.51%, while the Nasdaq Composite dropped -68.96 points or -2.73%. Read More ...

The Utilities sector was the strongest sector (-0.56%) last week followed by the Consumer Staples sector (-1.43%). The Financial sector was the worst performing sector (-3.70%) of the week followed by the Energy sector (-3.51%).

The Basic Materials sector is the most overvalued sector followed by Consumer Goods, while Home Furnishings/Fixtures, Trucks & Other Vehicles, and Housewares & Accessories are among the most overvalued industries. The Industrial Goods sector is the most oversold sector followed by Services, while Publishing - Books, Personal Services, and Education & Training Services are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
8.47% TLAB Tellabs, Inc. Information Technology
6.51% WHR Whirlpool Corp. Consumer Discretionary
5.62% ORLY O'Reilly Automotive Inc. Consumer Discretionary


Weekly S&P 500 Loosers
Gains/Loses(%) Symbol Company Sector
-24.00% HAR Harman Int'l Consumer Discretionary
-23.37% EK Eastman Kodak Consumer Discretionary
-18.82% ODP Office Depot Consumer Discretionary


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 1
Downtrend Broken Resistance 12
Uptrend Support 18
Uptrend Exhaustion 12
Uptrend Broken Support 13
Downtrend Resistance 5
Oversold 6