Weekly Stock Market Overview - Sep 16, 2011

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 516.96 points or 4.70%. The Standard & Poor's 500 Index gained 61.78 points or 5.35%, while the Nasdaq Composite gained 154.32 points or 6.25%. Read More ...

The Consumer Discretionary sector was the strongest sector (6.63%) last week followed by the Technology sector (6.34%). The Consumer Staples sector was the worst performing sector (2.80%) of the week followed by the Health Care sector (3.28%).

The Technology sector is the most overvalued sector followed by Financial, while Diversified Commun Svcs, REIT/Healthcare Facilities, and REIT - Residential are among the most overvalued industries. The Industrial Goods sector is the most oversold sector followed by Utilities, while Metals Fabrication, Industrial Electrical Eqp, and Industrial Equip/Componts are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%)	Symbol	Company	Sector
22.08%	TXT	Textron Inc.	Industrials
18.38%	EBAY	eBay Inc.	Consumer Discretionary
17.35%	COL	Rockwell Collins	Industrials

Weekly S&P 500 Losers

Gains/Loses(%)	Symbol	Company	Sector
-5.45%	ESRX	Express Scripts	Health Care
-4.58%	THC	Tenet Healthcare Corp.	Health Care
-4.32%	HSP	Hospira Inc.	Health Care

Weekly S&P 500 Alerts

Stock Market Alerts	Count
Downtrend Exhaustion	2
Downtrend Broken Resistance	13
Uptrend Support	3
Uptrend Exhaustion	3
Uptrend Broken Support	0
Downtrend Resistance	51
Oversold	2