Friday, June 17, 2011

Weekly Stock Market Overview - June 17, 2011

It was a mixed week for the major markets. For the week the Dow Jones Industrial Average gained 52.45 points or 0.44%. The Standard & Poor's 500 Index climbed 0.52 points or 0.04%, while the Nasdaq Composite dropped -27.25 points or -1.03%. Read More ...

The Consumer Staples sector was the strongest sector (0.73%) last week followed by the Industrial sector (0.68%). The Materials sector was the worst performing sector (-2.53%) of the week followed by the Energy sector (-2.24%).

The Healthcare sector is the most overvalued sector followed by Services, while Drug Manufacturers/Other, Jewelry Stores, and Health Care Plans are among the most overvalued industries. The Technology sector is the most oversold sector followed by Basic Materials, while Computer Peripherals, Semiconductor-Intgrtd Circ, and Networking & Commun Dvcs are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
14.61% JCP Penney (J.C.) Consumer Discretionary
12.02% ODP Office Depot Consumer Discretionary
11.98% VFC V.F. Corp. Consumer Discretionary


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-11.73% MCO Moody's Corp Financials
-8.04% NBR Nabors Industries Ltd. Energy
-8.01% JDSU JDS Uniphase Corp Information Technology


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 9
Downtrend Broken Resistance 6
Uptrend Support 64
Uptrend Exhaustion 0
Uptrend Broken Support 3
Downtrend Resistance 2
Oversold 60