Friday, August 19, 2011

Weekly Stock Market Overview - August 19, 2011

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -451.37 points or -4.01%. The Standard & Poor's 500 Index dropped -55.28 points or -4.69%, while the Nasdaq Composite dropped -166.14 points or -6.62%. Read More ...

The Utilities sector was the strongest sector (2.18%) last week followed by the Consumer Staples sector (0.03%). The Industrial sector was the worst performing sector (-7.23%) of the week followed by the Materials sector (-7.08%).

The Utilities sector is the most overvalued sector followed by Healthcare, while Diversified Utilities, Gas Utilities, and Electric Utilities are among the most overvalued industries. The Services sector is the most oversold sector followed by Consumer Goods, while Regional Airlines, Dairy Products, and Appliances are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
6.88% S Sprint Nextel Corp. Telecommunications Services
5.13% WMT Wal-Mart Stores Consumer Staples
5.08% RAI Reynolds American In Consumer Staples


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-26.98% HPQ Hewlett-Packard Information Technology
-21.40% TDC Teradata Corp. Telecommunications Services
-19.77% ADSK Autodesk, Inc. Information Technology


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 44
Downtrend Broken Resistance 3
Uptrend Support 30
Uptrend Exhaustion 2
Uptrend Broken Support 0
Downtrend Resistance 5
Oversold 132