Friday, June 11, 2010

Weekly Stock Market Overview - 6/11/2010

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 279.10 points or 2.81%. The Standard & Poor's 500 Index gained 26.72 points or 2.51%, while the Nasdaq Composite gained 24.43 points or 1.10%. Read More ...

The Energy sector was the strongest sector (5.37%) last week followed by the Materials sector (5.36%). The Technology sector was the worst performing sector (1.49%) of the week followed by the Consumer Staples sector (1.53%).

The Healthcare sector is the most overvalued sector followed by Basic Materials, while Specialized Health Svcs, Gold, and Drugs - Generic are among the most overvalued industries. The Consumer Goods sector is the most oversold sector followed by Technology, while Dairy Products, Security Software & Svcs, and Electronic Equipment are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
16.82% GCI Gannett Co. Consumer Discretionary
13.71% CLF Cleveland-Cliffs Materials
11.77% GLW Corning Inc. Information Technology


Weekly S&P 500 Loosers
Gains/Loses(%) Symbol Company Sector
-7.38% APC Anadarko Petroleum Energy
-5.88% FTR Frontier Communications Telecommunications Services
-5.26% AET Aetna Inc. (New) Health Care


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 1
Downtrend Broken Resistance 5
Uptrend Support 21
Uptrend Exhaustion 1
Uptrend Broken Support 0
Downtrend Resistance 3
Oversold 31