Weekly Stock Market Overview - June 24, 2011
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
|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
|-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 Broken Resistance||4|
|Uptrend Broken Support||1|