Friday, May 27, 2011

Weekly Stock Market Overview - May 27, 2011

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -70.46 points or -0.56%. The Standard & Poor's 500 Index dropped -2.17 points or -0.16%, while the Nasdaq Composite dropped -6.46 points or -0.23%. Read More ...

The Energy sector was the strongest sector (2.29%) last week followed by the Materials sector (2.18%). The Utilities sector was the worst performing sector (-1.49%) of the week followed by the Health Care sector (-0.97%).

The Basic Materials sector is the most overvalued sector followed by Utilities, while Water Utilities, Electric Utilities, and Agricultural Chemicals are among the most overvalued industries. The Technology sector is the most oversold sector followed by Services, while Computer Peripherals, Semiconductor-Intgrtd Circ, and Publishing - Periodicals are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
10.49% TIF Tiffany & Co. Consumer Discretionary
8.98% BRCM Broadcom Corporation Information Technology
7.89% EP El Paso Corp. Energy


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-10.18% CSC Computer Sciences Corp. Information Technology
-8.77% MHS Medco Health Solutions Inc. Health Care
-8.11% EK Eastman Kodak Consumer Discretionary


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 2
Downtrend Broken Resistance 16
Uptrend Support 23
Uptrend Exhaustion 6
Uptrend Broken Support 3
Downtrend Resistance 5
Oversold 29