Friday, July 09, 2010

Weekly Stock Market Overview - 7/9/2010

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 511.55 points or 5.28%. The Standard & Poor's 500 Index gained 55.38 points or 5.42%, while the Nasdaq Composite gained 104.66 points or 5.00%. Read More ...

The Materials sector was the strongest sector (8.34%) last week followed by the Financial sector (7.32%). The Health Care sector was the worst performing sector (3.57%) of the week followed by the Consumer Staples sector (3.81%).

The Industrial Goods sector is the most overvalued sector followed by Healthcare, while Drug Delivery, General Contractors, and Waste Management are among the most overvalued industries. The Financial sector is the most oversold sector followed by Consumer Goods, while Photographic Equip/Supls, Recreational Vehicles, and Investmnt Brokerage-Natl are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
19.28% APC Anadarko Petroleum Energy
16.52% MI Marshall & Ilsley Corp. Financials
15.91% ANF Abercrombie & Fitch Co. Consumer Discretionary


Weekly S&P 500 Loosers
Gains/Loses(%) Symbol Company Sector
-6.78% FDO Family Dollar Stores Consumer Discretionary
-4.88% GPS Gap (The) Consumer Discretionary
-4.20% HRB Block H & R Consumer Discretionary


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 1
Downtrend Broken Resistance 6
Uptrend Support 26
Uptrend Exhaustion 1
Uptrend Broken Support 0
Downtrend Resistance 11
Oversold 35