Friday, September 16, 2011

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