Weekly Stock Market Overview - June 24, 2011

It was a mixed week for the major markets. For the week the Dow Jones Industrial Average dropped -69.78 points or -0.58%. The Standard & Poor's 500 Index dropped -3.05 points or -0.24%, while the Nasdaq Composite gained 36.41 points or 1.39%. Read More ...

The Materials sector was the strongest sector (2.27%) last week followed by the Consumer Discretionary sector (1.45%). The Consumer Staples sector was the worst performing sector (-1.69%) of the week followed by the Energy sector (-1.05%).

The Financial sector is the most overvalued sector followed by Consumer Goods, while Processed/Packaged Goods, Dairy Products, and REIT - Industrial are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Services, while Specialty Retail Other, Technical Services, and Publishing - Newspapers are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%)	Symbol	Company	Sector
9.21%	TLAB	Tellabs, Inc.	Information Technology
9.14%	BIIB	BIOGEN IDEC INC	Health Care
8.85%	BBBY	Bed Bath & Beyond	Consumer Discretionary

Weekly S&P 500 Losers

Gains/Loses(%)	Symbol	Company	Sector
-7.92%	MU	Micron Technology	Information Technology
-7.34%	WAG	Walgreen Co.	Consumer Staples
-6.65%	FHN	First Horizon National	Financials

Weekly S&P 500 Alerts

Stock Market Alerts	Count
Downtrend Exhaustion	2
Downtrend Broken Resistance	4
Uptrend Support	12
Uptrend Exhaustion	2
Uptrend Broken Support	1
Downtrend Resistance	8
Oversold	17

Weekly Stock Market Overview - June 17, 2011

It was a mixed week for the major markets. For the week the Dow Jones Industrial Average gained 52.45 points or 0.44%. The Standard & Poor's 500 Index climbed 0.52 points or 0.04%, while the Nasdaq Composite dropped -27.25 points or -1.03%. Read More ...

The Consumer Staples sector was the strongest sector (0.73%) last week followed by the Industrial sector (0.68%). The Materials sector was the worst performing sector (-2.53%) of the week followed by the Energy sector (-2.24%).

The Healthcare sector is the most overvalued sector followed by Services, while Drug Manufacturers/Other, Jewelry Stores, and Health Care Plans are among the most overvalued industries. The Technology sector is the most oversold sector followed by Basic Materials, while Computer Peripherals, Semiconductor-Intgrtd Circ, and Networking & Commun Dvcs are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%)	Symbol	Company	Sector
14.61%	JCP	Penney (J.C.)	Consumer Discretionary
12.02%	ODP	Office Depot	Consumer Discretionary
11.98%	VFC	V.F. Corp.	Consumer Discretionary

Weekly S&P 500 Losers

Gains/Loses(%)	Symbol	Company	Sector
-11.73%	MCO	Moody's Corp	Financials
-8.04%	NBR	Nabors Industries Ltd.	Energy
-8.01%	JDSU	JDS Uniphase Corp	Information Technology

Weekly S&P 500 Alerts

Stock Market Alerts	Count
Downtrend Exhaustion	9
Downtrend Broken Resistance	6
Uptrend Support	64
Uptrend Exhaustion	0
Uptrend Broken Support	3
Downtrend Resistance	2
Oversold	60

Weekly Stock Market Overview - June 10, 2011

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -199.35 points or -1.64%. The Standard & Poor's 500 Index dropped -29.18 points or -2.24%, while the Nasdaq Composite dropped -89.05 points or -3.26%. Read More ...

The Utilities sector was the strongest sector (-0.66%) last week followed by the Health Care sector (-1.09%). The Technology sector was the worst performing sector (-3.01%) of the week followed by the Consumer Discretionary sector (-2.72%).

The Industrial Goods sector is the most overvalued sector followed by Conglomerates, while Waste Management, Conglomerates, and Aerospace/Defense-Maj Dvd are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Consumer Goods, while Housewares & Accessories, Recreational Vehicles, and Business Equipment are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%)	Symbol	Company	Sector
6.99%	SEE	Sealed Air Corp.(New)	Materials
4.74%	AIG	American Int'l. Group	Financials
4.44%	MCO	Moody's Corp	Financials

Weekly S&P 500 Losers

Gains/Loses(%)	Symbol	Company	Sector
-11.89%	ODP	Office Depot	Consumer Discretionary
-11.38%	PHM	Pulte Homes, Inc.	Consumer Discretionary
-11.20%	MAS	Masco Corp.	Industrials

Weekly S&P 500 Alerts

Stock Market Alerts	Count
Downtrend Exhaustion	14
Downtrend Broken Resistance	7
Uptrend Support	104
Uptrend Exhaustion	1
Uptrend Broken Support	2
Downtrend Resistance	0
Oversold	77

Weekly Stock Market Overview - June 3, 2011

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -290.32 points or -2.33%. The Standard & Poor's 500 Index dropped -30.94 points or -2.32%, while the Nasdaq Composite dropped -64.08 points or -2.29%. Read More ...

The Utilities sector was the strongest sector (-1.28%) last week followed by the Health Care sector (-1.40%). The Materials sector was the worst performing sector (-3.23%) of the week followed by the Industrial sector (-3.19%).

The Basic Materials sector is the most overvalued sector followed by Conglomerates, while Agricultural Chemicals, Oil & Gas Pipelines, and Specialty Chemicals are among the most overvalued industries. The Healthcare sector is the most oversold sector followed by Financial, while Money Center Banks, Investmnt Brokerage-Natl, and Life Insurance are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%)	Symbol	Company	Sector
14.47%	APOL	Apollo Group	Consumer Discretionary
11.61%	DV	DeVry Inc.	Industrials
3.33%	NYT	New York Times Cl. A	Consumer Discretionary

Weekly S&P 500 Losers

Gains/Loses(%)	Symbol	Company	Sector
-15.18%	NWL	Newell Rubbermaid Co.	Consumer Discretionary
-13.65%	SEE	Sealed Air Corp.(New)	Materials
-11.75%	SVU	Supervalu Inc.	Consumer Staples

Weekly S&P 500 Alerts

Stock Market Alerts	Count
Downtrend Exhaustion	9
Downtrend Broken Resistance	13
Uptrend Support	64
Uptrend Exhaustion	2
Uptrend Broken Support	3
Downtrend Resistance	3
Oversold	53