Friday, February 18, 2011

Weekly Stock Market Overview - 2/18/2011

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 117.99 points or 0.96%. The Standard & Poor's 500 Index gained 13.86 points or 1.04%, while the Nasdaq Composite gained 24.51 points or 0.87%. Read More ...

The Energy sector was the strongest sector (3.93%) last week followed by the Health Care sector (1.33%). The Utilities sector was the worst performing sector (-0.28%) of the week followed by the Technology sector (0.36%).

The Basic Materials sector is the most overvalued sector followed by Conglomerates, while Major Integrated Oil/Gas, Aluminum, and Oil & Gas Pipelines are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Healthcare, while Drug Manufacturers/Major, Drug Delivery, and Biotechnology are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
19.00% FDO Family Dollar Stores Consumer Discretionary
12.52% WMB Williams Cos. Energy
10.87% AMD Advanced Micro Devices Information Technology


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-12.46% NTAP NetApp, Inc. Information Technology
-10.51% JDSU JDS Uniphase Corp Information Technology
-9.88% ODP Office Depot Consumer Discretionary


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 14
Uptrend Support 10
Uptrend Exhaustion 116
Uptrend Broken Support 6
Downtrend Resistance 35
Oversold 2