Friday, May 14, 2010

Weekly Stock Market Overview - 5/14/2010

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 239.73 points or 2.31%. The Standard & Poor's 500 Index gained 24.80 points or 2.23%, while the Nasdaq Composite gained 81.21 points or 3.58%. Read More ...

The Industrial sector was the strongest sector (3.86%) last week followed by the Technology sector (3.03%). The Health Care sector was the worst performing sector (0.84%) of the week followed by the Materials sector (1.48%).

The Utilities sector is the most overvalued sector followed by Healthcare, while Drugs - Generic, Specialized Health Svcs, and Water Utilities are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Conglomerates, while Agricultural Chemicals, Aluminum, and Copper are among the most oversold industries. Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
21.96% PCS MetroPCS Communications Inc. Telecommunications Services
20.84% LM Legg Mason Financials
14.03% PWR Quanta Services Inc. Industrials


Weekly S&P 500 Loosers
Gains/Loses(%) Symbol Company Sector
-34.59% DF Dean Foods Consumer Staples
-7.66% MCO Moody's Corp Financials
-7.58% MON Monsanto Co. Materials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 1
Downtrend Broken Resistance 4
Uptrend Support 7
Uptrend Exhaustion 0
Uptrend Broken Support 12
Downtrend Resistance 3
Oversold 6