Friday, October 15, 2010

Weekly Stock Market Overview - 10/15/2010

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 88.09 points or 0.80%. The Standard & Poor's 500 Index gained 11.04 points or 0.95%, while the Nasdaq Composite gained 66.86 points or 2.78%. Read More ...

The Technology sector was the strongest sector (3.35%) last week followed by the Consumer Staples sector (1.49%). The Financial sector was the worst performing sector (-2.41%) of the week followed by the Industrial sector (0.11%).

The Basic Materials sector is the most overvalued sector followed by Consumer Goods, while Copper, Agricultural Chemicals, and Textile-Apparel Footwr/Ac are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Services, while Education & Training Services, Publishing - Newspapers, and Personal Services are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
37.34% KG King Pharmaceuticals Health Care
12.15% YHOO Yahoo Inc. Information Technology
11.62% MON Monsanto Co. Materials


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-27.02% APOL Apollo Group Consumer Discretionary
-18.04% DV DeVry Inc. Industrials
-12.71% FHN First Horizon National Financials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 67
Uptrend Support 1
Uptrend Exhaustion 63
Uptrend Broken Support 4
Downtrend Resistance 91
Oversold 0