Friday, March 04, 2011

Weekly Stock Market Overview - 2/4/2011

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 39.43 points or 0.33%. The Standard & Poor's 500 Index gained 1.27 points or 0.10%, while the Nasdaq Composite gained 3.62 points or 0.13%. Read More ...

The Health Care sector was the strongest sector (2.55%) last week followed by the Utilities sector (0.79%). The Financial sector was the worst performing sector (-1.50%) of the week followed by the Technology sector (-0.13%).

The Industrial Goods sector is the most overvalued sector followed by Basic Materials, while Oil & Gas Pipelines, Major Integrated Oil/Gas, and Oil & Gas Drilling/Explor are among the most overvalued industries. The Services sector is the most oversold sector followed by Conglomerates, while Electronics Stores, Regional Airlines, and Food Wholesale are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
10.36% A Agilent Technologies Information Technology
10.36% JDSU JDS Uniphase Corp Information Technology
6.77% AES AES Corp. Utilities


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-10.23% NVDA NVIDIA Corp. Information Technology
-8.88% MWW Monster Worldwide Industrials
-8.07% EK Eastman Kodak Consumer Discretionary


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 2
Downtrend Broken Resistance 11
Uptrend Support 23
Uptrend Exhaustion 12
Uptrend Broken Support 9
Downtrend Resistance 12
Oversold 10