Friday, May 13, 2011

Weekly Stock Market Overview - May 13, 2011

It was a mixed week for the major markets. For the week the Dow Jones Industrial Average dropped -42.99 points or -0.34%. The Standard & Poor's 500 Index dropped -2.43 points or -0.18%, while the Nasdaq Composite climbed 0.91 points or 0.03%. Read More ...

The Consumer Staples sector was the strongest sector (2.13%) last week followed by the Utilities sector (1.86%). The Financial sector was the worst performing sector (-2.11%) of the week followed by the Materials sector (-1.78%).

The Industrial Goods sector is the most overvalued sector followed by Healthcare, while Drug Manufacturers/Major, Health Care Plans, and Drug Manufacturers/Other are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Services, while Publishing - Periodicals, Publishing - Newspapers, and Regional Airlines are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
22.24% DF Dean Foods Consumer Staples
11.47% SYY Sysco Corp. Consumer Staples
9.13% M Macy's Inc. Consumer Discretionary


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-11.40% BSX Boston Scientific Health Care
-11.26% YHOO Yahoo Inc. Information Technology
-8.24% HRB Block H & R Consumer Discretionary


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 3
Downtrend Broken Resistance 12
Uptrend Support 27
Uptrend Exhaustion 37
Uptrend Broken Support 2
Downtrend Resistance 24
Oversold 16