Saturday, December 11, 2010

Weekly Stock Market Overview - 12/10/2010

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 28.23 points or 0.25%. The Standard & Poor's 500 Index gained 15.69 points or 1.28%, while the Nasdaq Composite gained 46.08 points or 1.78%. Read More ...

The Financial sector was the strongest sector (3.78%) last week followed by the Technology sector (1.53%). The Utilities sector was the worst performing sector (-0.50%) of the week followed by the Energy sector (0.12%).

The Services sector is the most overvalued sector followed by Technology, while Jewelry Stores, Technical Services, and Auto Parts Stores are among the most overvalued industries. The Healthcare sector is the most oversold sector followed by Industrial Goods, while Drug Manufacturers/Major, Aerospace/Defense-Prd/Svc, and General Contractors are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
55.01% THC Tenet Healthcare Corp. Health Care
18.47% DF Dean Foods Consumer Staples


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-6.50% NSM National Semiconductor Information Technology
-6.18% COG Cabot Oil & Gas Corp. Energy
-5.96% SWN Southwestern Energy Co. Utilities


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 40
Uptrend Support 2
Uptrend Exhaustion 43
Uptrend Broken Support 6
Downtrend Resistance 73
Oversold 3