Friday, February 03, 2012

Weekly Stock Market Overview - Feb 3, 2012

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 201.77 points or 1.59%. The Standard & Poor's 500 Index gained 28.57 points or 2.17%, while the Nasdaq Composite gained 89.11 points or 3.16%. Read More ...

The Financial sector was the strongest sector (4.28%) last week followed by the Technology sector (3.03%). The Utilities sector was the worst performing sector (0.29%) of the week followed by the Consumer Staples sector (0.81%).

The Technology sector is the most overvalued sector followed by Conglomerates, while Personal Computers, Semiconductr-Memory Chips, and Conglomerates are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Healthcare, while Gas Utilities, Medical Practitioners, and Diversified Utilities are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
25.75% WHR Whirlpool Corp. Consumer Discretionary
14.69% GPS Gap (The) Consumer Discretionary
13.63% LNC Lincoln National Financials


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-26.90% RSH RadioShack Corp. Consumer Discretionary
-14.23% ANF Abercrombie & Fitch Co. Consumer Discretionary
-9.79% TLAB Tellabs, Inc. Information Technology


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 1
Downtrend Broken Resistance 30
Uptrend Support 5
Uptrend Exhaustion 27
Uptrend Broken Support 2
Downtrend Resistance 71
Oversold 4