Friday, September 03, 2010

Weekly Stock Market Overview - 9/3/2010

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 297.28 points or 2.93%. The Standard & Poor's 500 Index gained 39.92 points or 3.75%, while the Nasdaq Composite gained 80.12 points or 3.72%. Read More ...
The Financial sector was the strongest sector (5.75%) last week followed by the Consumer Discretionary sector (5.18%). The Utilities sector was the worst performing sector (1.54%) of the week followed by the Health Care sector (2.10%).
The Utilities sector is the most overvalued sector followed by Services, while Auto Dealerships, Diversified Utilities, and Auto Parts Wholesale are among the most overvalued industries. The Industrial Goods sector is the most oversold sector followed by Healthcare, while Lumber Wood Production, General Contractors, and Heavy Construction are among the most oversold industries.
Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
13.09% DF Dean Foods Consumer Staples
12.29% ODP Office Depot Consumer Discretionary
11.48% MWW Monster Worldwide Industrials

Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-4.86% BF-B Brown-Forman Corp. Consumer Staples
-3.36% CPB Campbell Soup Consumer Staples
-2.55% BSX Boston Scientific Health Care

Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 38
Uptrend Support 0
Uptrend Exhaustion 7
Uptrend Broken Support 0
Downtrend Resistance 49
Oversold 2