Friday, July 22, 2011

Weekly Stock Market Overview - July 22, 2011

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 201.43 points or 1.61%. The Standard & Poor's 500 Index gained 28.88 points or 2.19%, while the Nasdaq Composite gained 69.03 points or 2.47%. Read More ...

The Energy sector was the strongest sector (3.73%) last week followed by the Financial sector (3.16%). The Industrial sector was the worst performing sector (0.79%) of the week followed by the Materials sector (0.96%).

The Basic Materials sector is the most overvalued sector followed by Healthcare, while Drug Manufacturers/Other, Medical Practitioners, and Agricultural Chemicals are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Consumer Goods, while Appliances, Housewares & Accessories, and Auto Manufacturers/Major are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
22.15% MHS Medco Health Solutions Inc. Health Care
20.53% AMD Advanced Micro Devices Information Technology
15.64% RHI Robert Half International Industrials


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-12.40% EW Edwards Lifesciences Corp Health Care
-12.29% AVY Avery Dennison Corp. Industrials
-11.87% SWY Safeway Inc. Consumer Staples


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 2
Downtrend Broken Resistance 31
Uptrend Support 12
Uptrend Exhaustion 2
Uptrend Broken Support 0
Downtrend Resistance 28
Oversold 22