Friday, September 09, 2011

Weekly Stock Market Overview - Sep. 9, 2011

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -248.13 points or -2.21%. The Standard & Poor's 500 Index dropped -19.74 points or -1.68%, while the Nasdaq Composite dropped -12.34 points or -0.50%. Read More ...

The Technology sector was the strongest sector (-0.55%) last week followed by the Consumer Staples sector (-1.12%). The Financial sector was the worst performing sector (-2.47%) of the week followed by the Materials sector (-2.36%).

The Healthcare sector is the most overvalued sector followed by Industrial Goods, while Drug Manufacturers/Other, Drug Manufacturers/Major, and Biotechnology are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Consumer Goods, while Dairy Products, Appliances, and Auto Manufacturers/Major are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
15.45% MU Micron Technology Information Technology
12.51% YHOO Yahoo Inc. Information Technology
10.85% SNDK SanDisk Corp. Information Technology


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-11.72% PLL Pall Corp. Industrials
-9.97% WHR Whirlpool Corp. Consumer Discretionary
-9.39% MWW Monster Worldwide Industrials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 9
Uptrend Support 0
Uptrend Exhaustion 0
Uptrend Broken Support 0
Downtrend Resistance 5
Oversold 22