Saturday, February 11, 2012

Weekly Stock Market Overview - Feb 10, 2012

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -61.00 points or -0.47%. The Standard & Poor's 500 Index dropped -2.26 points or -0.17%, while the Nasdaq Composite dropped -1.78 points or -0.06%. Read More ...

The Technology sector was the strongest sector (1.14%) last week followed by the Consumer Staples sector (0.40%). The Materials sector was the worst performing sector (-2.19%) of the week followed by the Financial sector (-1.15%).

The Basic Materials sector is the most overvalued sector followed by Services, while Lodging, Specialty Eateries, and Home Improvement Stores are among the most overvalued industries. The Healthcare sector is the most oversold sector followed by Industrial Goods, while Medical Practitioners, Drugs - Generic, and Health Care Plans are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
15.68% CSC Computer Sciences Corp. Information Technology
12.51% JDSU JDS Uniphase Corp Information Technology
11.50% HAR Harman Int'l Consumer Discretionary


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-10.42% FTR Frontier Communications Telecommunications Services
-8.84% X United States Steel Corp. Materials
-8.33% XL XL Capital Financials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 1
Downtrend Broken Resistance 48
Uptrend Support 9
Uptrend Exhaustion 34
Uptrend Broken Support 10
Downtrend Resistance 53
Oversold 3