Weekly Stock Market Overview - Sep 30, 2011

It was a mixed week for the major markets. For the week the Dow Jones Industrial Average gained 141.90 points or 1.32%. The Standard & Poor's 500 Index dropped -5.01 points or -0.44%, while the Nasdaq Composite dropped -67.83 points or -2.73%. Read More ...

The Financial sector was the strongest sector (1.11%) last week followed by the Health Care sector (0.79%). The Materials sector was the worst performing sector (-2.93%) of the week followed by the Consumer Discretionary sector (-2.43%).

The Healthcare sector is the most overvalued sector followed by Financial, while REIT/Healthcare Facilities, Drug Manufacturers/Other, and Biotechnology are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Conglomerates, while Copper, Aluminum, and Industrial Metals/Mineral are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%)	Symbol	Company	Sector
11.09%	AFL	AFLAC Corporation	Financials
9.46%	SHLD	Sears Holdings Corporation	Consumer Discretionary
9.28%	JBL	Jabil Circuit	Information Technology

Weekly S&P 500 Losers

Gains/Loses(%)	Symbol	Company	Sector
-24.21%	MU	Micron Technology	Information Technology
-17.67%	AMD	Advanced Micro Devices	Information Technology
-14.01%	JDSU	JDS Uniphase Corp	Information Technology

Weekly S&P 500 Alerts

Stock Market Alerts	Count
Downtrend Exhaustion	26
Downtrend Broken Resistance	7
Uptrend Support	14
Uptrend Exhaustion	1
Uptrend Broken Support	0
Downtrend Resistance	3
Oversold	61