Friday, February 17, 2012

Weekly Stock Market Overview - Feb 18, 2012

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 148.87 points or 1.16%. The Standard & Poor's 500 Index gained 18.59 points or 1.38%, while the Nasdaq Composite gained 47.90 points or 1.65%. Read More ...

The Energy sector was the strongest sector (2.51%) last week followed by the Technology sector (1.75%). The Utilities sector was the worst performing sector (0.72%) of the week followed by the Industrial sector (0.84%).

The Basic Materials sector is the most overvalued sector followed by Technology, while Personal Computers, Semiconductr-Memory Chips, and Printed Circuit Boards are among the most overvalued industries. The Conglomerates sector is the most oversold sector followed by Healthcare, while Drugs - Generic, Drug Manufacturers/Major, and Health Care Plans are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
18.32% FTR Frontier Communications Telecommunications Services
15.93% DVN Devon Energy Corp. Energy
14.63% SHLD Sears Holdings Corporation Consumer Discretionary


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-12.56% GILD Gilead Sciences Health Care
-9.29% CLF Cliffs Natural Resources Inc Materials
-7.32% SJM J.M. Smucker Co. Consumer Staples


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 46
Uptrend Support 6
Uptrend Exhaustion 63
Uptrend Broken Support 9
Downtrend Resistance 51
Oversold 0