Friday, April 01, 2011

Weekly Stock Market Overview - April 1, 2011

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 156.13 points or 1.28%. The Standard & Poor's 500 Index gained 18.61 points or 1.42%, while the Nasdaq Composite gained 46.54 points or 1.70%. Read More ...

The Materials sector was the strongest sector (2.40%) last week followed by the Industrial sector (2.37%). The Technology sector was the worst performing sector (0.50%) of the week followed by the Financial sector (1.16%).

The Industrial Goods sector is the most overvalued sector followed by Conglomerates, while Lumber Wood Production, Farm/Construction Machnry, and Small Tools & Accessories are among the most overvalued industries. The Financial sector is the most oversold sector followed by Utilities, while Savings & Loans, REIT - Hotel/Motel, and Investmnt Brokerage-Natl are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
31.33% CEPH Cephalon Inc. Health Care
9.46% IP International Paper Materials
7.84% SLB Schlumberger Ltd. Energy


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-13.02% ODP Office Depot Consumer Discretionary
-8.59% LEN Lennar Corp. Consumer Discretionary
-7.97% NOC Northrop Grumman Corp. Industrials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 1
Downtrend Broken Resistance 11
Uptrend Support 4
Uptrend Exhaustion 20
Uptrend Broken Support 5
Downtrend Resistance 26
Oversold 7