Friday, July 15, 2011

Weekly Stock Market Overview - July 15, 2011

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -177.47 points or -1.40%. The Standard & Poor's 500 Index dropped -27.66 points or -2.06%, while the Nasdaq Composite dropped -70.01 points or -2.45%. Read More ...

The Energy sector was the strongest sector (-0.04%) last week followed by the Utilities sector (-1.18%). The Financial sector was the worst performing sector (-3.95%) of the week followed by the Industrial sector (-3.38%).

The Healthcare sector is the most overvalued sector followed by Conglomerates, while Medical Practitioners, Drug Manufacturers/Other, and Health Care Plans are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Services, while Specialty Retail Other, Regional Airlines, and Personal Services are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
9.44% CLX Clorox Co. Consumer Staples
8.24% SWN Southwestern Energy Co. Utilities
7.74% NBR Nabors Industries Ltd. Energy


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-15.49% FLIR FLIR Systems Inc. Information Technology
-14.60% MCHP Microchip Technology Information Technology
-11.34% NVLS Novellus Systems Information Technology


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 5
Downtrend Broken Resistance 33
Uptrend Support 26
Uptrend Exhaustion 1
Uptrend Broken Support 1
Downtrend Resistance 13
Oversold 45