Friday, July 30, 2010

Weekly Stock Market Overview - 7/30/2010

It was a mixed week for the major markets. For the week the Dow Jones Industrial Average gained 41.32 points or 0.40%. The Standard & Poor's 500 Index dropped -1.06 points or -0.10%, while the Nasdaq Composite dropped -14.77 points or -0.65%. Read More ...

The Financial sector was the strongest sector (1.03%) last week followed by the Industrial sector (0.73%). The Technology sector was the worst performing sector (-1.22%) of the week followed by the Consumer Staples sector (-0.63%).

The Utilities sector is the most overvalued sector followed by Consumer Goods, while Cigarettes, Cleaning Products, and Beverages-Brewers are among the most overvalued industries. The Industrial Goods sector is the most oversold sector followed by Technology, while Heavy Construction, Processing Systems/Prods, and Residential Construction are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
14.98% CTXS Citrix Systems Information Technology
11.74% IPG Interpublic Group Consumer Discretionary
11.26% GENZ Genzyme Corp. Health Care


Weekly S&P 500 Loosers
Gains/Loses(%) Symbol Company Sector
-18.14% EK Eastman Kodak Consumer Discretionary
-16.91% LSI LSI Corporation Information Technology
-14.61% SYMC Symantec Corp. Information Technology


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 2
Downtrend Broken Resistance 34
Uptrend Support 10
Uptrend Exhaustion 0
Uptrend Broken Support 0
Downtrend Resistance 32
Oversold 20