Thursday, April 21, 2011

Weekly Stock Market Overview - April 21, 2011

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 164.16 points or 1.33%. The Standard & Poor's 500 Index gained 17.70 points or 1.34%, while the Nasdaq Composite gained 55.51 points or 2.01%. Read More ...

The Materials sector was the strongest sector (2.77%) last week followed by the Technology sector (2.37%). The Financial sector was the worst performing sector (-0.25%) of the week followed by the Consumer Staples sector (0.19%).

The Healthcare sector is the most overvalued sector followed by Industrial Goods, while Small Tools & Accessories, Health Care Plans, and Drug Delivery are among the most overvalued industries. The Services sector is the most oversold sector followed by Utilities, while General Entertainment, Specialty Retail Other, and Regional Airlines are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
20.18% BIIB BIOGEN IDEC INC Health Care
10.35% SLM SLM Corporation Financials
8.66% INTC Intel Corp. Information Technology


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-6.33% GILD Gilead Sciences Health Care
-5.89% HOG HarleyDavidson Consumer Discretionary
-5.33% KEY KeyCorp Financials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 1
Downtrend Broken Resistance 17
Uptrend Support 13
Uptrend Exhaustion 19
Uptrend Broken Support 4
Downtrend Resistance 28
Oversold 7