Friday, April 15, 2011

Weekly Stock Market Overview - April 15, 2011

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -38.22 points or -0.31%. The Standard & Poor's 500 Index dropped -8.49 points or -0.64%, while the Nasdaq Composite dropped -15.77 points or -0.57%. Read More ...

The Consumer Staples sector was the strongest sector (1.95%) last week followed by the Health Care sector (1.80%). The Energy sector was the worst performing sector (-3.17%) of the week followed by the Materials sector (-2.09%).

The Healthcare sector is the most overvalued sector followed by Industrial Goods, while Health Care Plans, Small Tools & Accessories, and Farm/Construction Machnry are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Conglomerates, while Agricultural Chemicals, Copper, and Gold are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
13.19% BIIB BIOGEN IDEC INC Health Care
12.74% SVU Supervalu Inc. Consumer Staples
7.29% COH Coach, Inc. Consumer Discretionary


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-11.79% THC Tenet Healthcare Corp. Health Care
-7.81% AA Alcoa Inc Materials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 1
Downtrend Broken Resistance 16
Uptrend Support 18
Uptrend Exhaustion 12
Uptrend Broken Support 2
Downtrend Resistance 19
Oversold 9