Friday, June 25, 2010

Weekly Stock Market Overview - 6/25/2010

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -306.83 points or -2.94%. The Standard & Poor's 500 Index dropped -40.75 points or -3.65%, while the Nasdaq Composite dropped -86.32 points or -3.74%. Read More ...

The Financial sector was the strongest sector (-1.31%) last week followed by the Health Care sector (-1.83%). The Energy sector was the worst performing sector (-5.61%) of the week followed by the Consumer Discretionary sector (-5.11%).

The Technology sector is the most overvalued sector followed by Industrial Goods, while Wireless Communications, General Contractors, and Telecom Services/Domestic are among the most overvalued industries. The Financial sector is the most oversold sector followed by Healthcare, while Medical Practitioners, Investmnt Brokerage-Natl, and Medical Instruments/Supls are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
5.55% BTU Peabody Energy Corp Materials
4.34% VLO Valero Energy Energy
4.31% MCO Moody's Corp Financials


Weekly S&P 500 Loosers
Gains/Loses(%) Symbol Company Sector
-12.32% DRI Darden Restaurants Consumer Discretionary
-11.58% ODP Office Depot Consumer Discretionary
-11.49% APC Anadarko Petroleum Energy


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 7
Downtrend Broken Resistance 10
Uptrend Support 21
Uptrend Exhaustion 1
Uptrend Broken Support 0
Downtrend Resistance 6
Oversold 44