Friday, March 30, 2012

Weekly Stock Market Overview - March 30, 2012

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 131.31 points or 1.00%. The Standard & Poor's 500 Index gained 11.36 points or 0.81%, while the Nasdaq Composite gained 23.65 points or 0.77%. Read More ...

The Health Care sector was the strongest sector (2.70%) last week followed by the Utilities sector (1.29%). The Energy sector was the worst performing sector (-0.71%) of the week followed by the Materials sector (0.16%).

The Industrial Goods sector is the most overvalued sector followed by Healthcare, while Drug Manufacturers/Other, Lumber Wood Production, and Specialized Health Svcs are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Utilities, while Gold, Industrial Metals/Mineral, and Copper are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
10.68% WLP WellPoint Health Networks Health Care
10.16% CVH Coventry Health Care Inc. Health Care
10.00% AET Aetna Inc. (New) Health Care


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-13.92% BBY Best Buy Co., Inc. Consumer Discretionary
-9.24% NBR Nabors Industries Ltd. Energy
-8.89% APOL Apollo Group Consumer Discretionary


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 1
Downtrend Broken Resistance 25
Uptrend Support 7
Uptrend Exhaustion 40
Uptrend Broken Support 6
Downtrend Resistance 33
Oversold 7

Friday, March 23, 2012

Weekly Stock Market Overview - March 23, 2012

It was a mixed week for the major markets. For the week the Dow Jones Industrial Average dropped -151.89 points or -1.15%. The Standard & Poor's 500 Index dropped -7.06 points or -0.50%, while the Nasdaq Composite gained 12.66 points or 0.41%. Read More ...

The Consumer Discretionary sector was the strongest sector (0.68%) last week followed by the Consumer Staples sector (0.48%). The Energy sector was the worst performing sector (-3.40%) of the week followed by the Industrial sector (-2.16%).

The Services sector is the most overvalued sector followed by Financial, while Specialty Eateries, Home Improvement Stores, and Wholesale Other are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Consumer Goods, while Rubber & Plastics, Gold, and Industrial Metals/Mineral are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
10.92% WPI Watson Pharmaceuticals Health Care
7.80% BBY Best Buy Co., Inc. Consumer Discretionary
7.13% MWW Monster Worldwide Industrials


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-12.34% SHLD Sears Holdings Corporation Consumer Discretionary
-10.70% BHI Baker Hughes Energy
-9.48% RDC Rowan Cos. Energy


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 1
Downtrend Broken Resistance 28
Uptrend Support 13
Uptrend Exhaustion 28
Uptrend Broken Support 3
Downtrend Resistance 23
Oversold 8

Friday, March 16, 2012

Weekly Stock Market Overview - Mar. 16, 2012

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 310.60 points or 2.40%. The Standard & Poor's 500 Index gained 33.30 points or 2.43%, while the Nasdaq Composite gained 66.92 points or 2.24%. Read More ...

The Financial sector was the strongest sector (5.57%) last week followed by the Industrial sector (2.59%). The Utilities sector was the worst performing sector (-1.11%) of the week followed by the Consumer Staples sector (0.39%).

The Services sector is the most overvalued sector followed by Industrial Goods, while Wholesale Other, Lodging, and Home Improvement Stores are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Utilities, while Gold, Industrial Metals/Mineral, and Copper are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
21.74% BAC Bank of America Corp. Financials
17.32% ZION Zions Bancorp Financials
12.56% CLF Cliffs Natural Resources Inc Materials


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-5.50% NEM Newmont Mining Corp. (Hldg. Co.) Materials
-5.43% RSH RadioShack Corp. Consumer Discretionary
-5.15% URBN Urban Outfitters Inc. Consumer Discretionary


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 1
Downtrend Broken Resistance 29
Uptrend Support 10
Uptrend Exhaustion 85
Uptrend Broken Support 4
Downtrend Resistance 50
Oversold 6