Friday, April 20, 2012

Weekly Stock Market Overview - Apr. 20, 2012

It was a mixed week for the major markets. For the week the Dow Jones Industrial Average gained 179.67 points or 1.40%. The Standard & Poor's 500 Index gained 8.27 points or 0.60%, while the Nasdaq Composite dropped -10.88 points or -0.36%. Read More ...

The Utilities sector was the strongest sector (2.04%) last week followed by the Consumer Staples sector (2.02%). The Technology sector was the worst performing sector (-1.11%) of the week followed by the Consumer Discretionary sector (0.20%).

The Healthcare sector is the most overvalued sector followed by Conglomerates, while Drug Manufacturers/Other, Specialized Health Svcs, and Drugs - Generic are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Utilities, while Gold, Copper, and Gas Utilities are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
12.06% GILD Gilead Sciences Health Care
11.54% EBAY eBay Inc. Consumer Discretionary
8.75% WAG Walgreen Co. Consumer Staples


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-12.65% SNDK SanDisk Corp. Information Technology
-11.57% S Sprint Nextel Corp. Telecommunications Services
-9.75% WHR Whirlpool Corp. Consumer Discretionary


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 2
Downtrend Broken Resistance 18
Uptrend Support 35
Uptrend Exhaustion 5
Uptrend Broken Support 8
Downtrend Resistance 11
Oversold 13