Friday, February 11, 2011

Weekly Stock Market Overview - 2/11/2011

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 181.11 points or 1.50%. The Standard & Poor's 500 Index gained 18.28 points or 1.39%, while the Nasdaq Composite gained 40.14 points or 1.45%. Read More ...

The Consumer Discretionary sector was the strongest sector (3.59%) last week followed by the Industrial sector (2.91%). The Energy sector was the worst performing sector (-0.03%) of the week followed by the Health Care sector (0.15%).

The Utilities sector is the most overvalued sector followed by Consumer Goods, while Recreational Vehicles, Housewares & Accessories, and Rubber & Plastics are among the most overvalued industries. The Industrial Goods sector is the most oversold sector followed by Basic Materials, while Gold, Copper, and Specialty Chemicals are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
23.74% JDSU JDS Uniphase Corp Information Technology
22.44% BIG Big Lots, Inc. Consumer Discretionary
14.91% JCP Penney (J.C.) Consumer Discretionary


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-15.19% CSCO Cisco Systems Information Technology
-14.06% CSC Computer Sciences Corp. Information Technology
-8.57% NVDA NVIDIA Corp. Information Technology


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 16
Uptrend Support 8
Uptrend Exhaustion 63
Uptrend Broken Support 8
Downtrend Resistance 21
Oversold 4