Weekly Stock Market Overview - September 2, 2011
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
|14.21%||JDSU||JDS Uniphase Corp||Information Technology|
|9.17%||FDO||Family Dollar Stores||Consumer Discretionary|
Weekly S&P 500 Losers
|-7.21%||FHN||First Horizon National||Financials|
Weekly S&P 500 Alerts
|Stock Market Alerts||Count|
|Downtrend Broken Resistance||6|
|Uptrend Broken Support||0|