Friday, August 26, 2011

Weekly Stock Market Overview - August 26. 2011

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 466.89 points or 4.32%. The Standard & Poor's 500 Index gained 53.27 points or 4.74%, while the Nasdaq Composite gained 138.01 points or 5.89%. Read More ...

The Industrial sector was the strongest sector (6.18%) last week followed by the Consumer Discretionary sector (6.08%). The Utilities sector was the worst performing sector (1.88%) of the week followed by the Consumer Staples sector (2.10%).

The Utilities sector is the most overvalued sector followed by Industrial Goods, while Diversified Utilities, Electric Utilities, and Gas Utilities are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Conglomerates, while Aluminum, Conglomerates, and Chemicals-Major Diversifd are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
20.31% TIF Tiffany & Co. Consumer Discretionary
19.15% COH Coach, Inc. Consumer Discretionary
16.68% VMC Vulcan Materials Materials


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-5.56% PLD ProLogis Financials
-4.97% S Sprint Nextel Corp. Telecommunications Services
-4.55% URBN Urban Outfitters Inc. Consumer Discretionary


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 3
Downtrend Broken Resistance 7
Uptrend Support 5
Uptrend Exhaustion 0
Uptrend Broken Support 0
Downtrend Resistance 12
Oversold 39