Friday, July 01, 2011

Weekly Stock Market Overview - July 1, 2011

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 648.19 points or 5.43%. The Standard & Poor's 500 Index gained 71.22 points or 5.61%, while the Nasdaq Composite gained 163.14 points or 6.15%. Read More ...

The Energy sector was the strongest sector (7.23%) last week followed by the Consumer Discretionary sector (6.55%). The Consumer Staples sector was the worst performing sector (2.81%) of the week followed by the Utilities sector (3.29%).

The Conglomerates sector is the most overvalued sector followed by Financial, while REIT - Industrial, Credit Services, and REIT - Residential are among the most overvalued industries. The Healthcare sector is the most oversold sector followed by Industrial Goods, while Heavy Construction, Metals Fabrication, and Hospitals are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
15.49% EBAY eBay Inc. Consumer Discretionary
13.11% NKE NIKE Inc. Consumer Discretionary
12.50% COH Coach, Inc. Consumer Discretionary


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-33.50% MRO Marathon Oil Corp. Energy
-1.48% BBY Best Buy Co., Inc. Consumer Discretionary
-0.97% MO Altria Group, Inc. Consumer Staples


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 35
Uptrend Support 1
Uptrend Exhaustion 7
Uptrend Broken Support 0
Downtrend Resistance 30
Oversold 2