Friday, May 28, 2010

Weekly Stock Market Overview - 5/28/2010

It was a mixed week for the major markets. For the week the Dow Jones Industrial Average dropped -56.76 points or -0.56%. The Standard & Poor's 500 Index gained 1.72 points or 0.16%, while the Nasdaq Composite gained 28.00 points or 1.26%. Read More ...

The Consumer Discretionary sector was the strongest sector (2.02%) last week followed by the Materials sector (1.25%). The Consumer Staples sector was the worst performing sector (-1.01%) of the week followed by the Financial sector (-0.47%).

The Utilities sector is the most overvalued sector followed by Financial, while REIT - Residential, Property Management, and REIT - Diversified are among the most overvalued industries. The Healthcare sector is the most oversold sector followed by Consumer Goods, while Dairy Products, Electronic Equipment, and Biotechnology are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
16.33% S Sprint Nextel Corp. Telecommunications Services
14.77% NTAP NetApp, Inc. Information Technology
12.39% SNDK SanDisk Corp. Information Technology


Weekly S&P 500 Loosers
Gains/Loses(%) Symbol Company Sector
-8.82% BHI Baker Hughes Energy
-7.42% MON Monsanto Co. Materials
-7.32% DV DeVry Inc. Industrials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 1
Downtrend Broken Resistance 3
Uptrend Support 27
Uptrend Exhaustion 0
Uptrend Broken Support 1
Downtrend Resistance 3
Oversold 22