Friday, April 08, 2011

Weekly Stock Market Overview - April 8, 2011

It was a mixed week for the major markets. For the week the Dow Jones Industrial Average gained 3.33 points or 0.03%. The Standard & Poor's 500 Index dropped -4.24 points or -0.32%, while the Nasdaq Composite dropped -9.18 points or -0.33%. Read More ...

The Consumer Staples sector was the strongest sector (0.60%) last week followed by the Health Care sector (0.12%). The Industrial sector was the worst performing sector (-1.47%) of the week followed by the Consumer Discretionary sector (-0.61%).

The Healthcare sector is the most overvalued sector followed by Conglomerates, while Hospitals, Health Care Plans, and Medical Appliances/Equip. are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Technology, while Semiconductor-Intgrtd Circ, Networking & Commun Dvcs, and Information Technlgy Svcs are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
68.94% NSM National Semiconductor Information Technology
13.76% ANF Abercrombie & Fitch Co. Consumer Discretionary
12.67% LTD Limited Brands, Inc. Consumer Discretionary


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-9.50% MON Monsanto Co. Materials
-7.81% LUV Southwest Airlines Industrials
-6.62% KLAC KLA-Tencor Corp. Information Technology


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 9
Uptrend Support 6
Uptrend Exhaustion 16
Uptrend Broken Support 1
Downtrend Resistance 28
Oversold 3