Friday, September 02, 2011

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