Weekly Stock Market Overview - September 2, 2011

It was a mixed week for the major markets. For the week the Dow Jones Industrial Average dropped -44.28 points or -0.39%. The Standard & Poor's 500 Index dropped -2.83 points or -0.24%, while the Nasdaq Composite climbed 0.48 points or 0.02%. Read More ...

The Utilities sector was the strongest sector (0.88%) last week followed by the Health Care sector (0.65%). The Financial sector was the worst performing sector (-1.80%) of the week followed by the Technology sector (-0.76%).

The Industrial Goods sector is the most overvalued sector followed by Healthcare, 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 Financial, while Regional-Southeast Banks, Diversified Investments, and Regional-Pacific Banks are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%)	Symbol	Company	Sector
15.63%	MWW	Monster Worldwide	Industrials
14.21%	JDSU	JDS Uniphase Corp	Information Technology
9.17%	FDO	Family Dollar Stores	Consumer Discretionary

Weekly S&P 500 Losers

Gains/Loses(%)	Symbol	Company	Sector
-7.21%	FHN	First Horizon National	Financials
-7.11%	SLM	SLM Corporation	Financials
-6.90%	MON	Monsanto Co.	Materials

Weekly S&P 500 Alerts

Stock Market Alerts	Count
Downtrend Exhaustion	0
Downtrend Broken Resistance	6
Uptrend Support	0
Uptrend Exhaustion	0
Uptrend Broken Support	0
Downtrend Resistance	13
Oversold	1