Friday, April 13, 2012

Weekly Stock Market Overview - April 14, 2012

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -210.55 points or -1.61%. The Standard & Poor's 500 Index dropped -27.82 points or -1.99%, while the Nasdaq Composite dropped -69.17 points or -2.25%. Read More ...

The Materials sector was the strongest sector (-0.96%) last week followed by the Consumer Discretionary sector (-1.02%). The Financial sector was the worst performing sector (-2.61%) of the week followed by the Energy sector (-2.55%).

The Financial sector is the most overvalued sector followed by Healthcare, while Regional-Mid-Atlantc Bnks, Specialized Health Svcs, and Drug Manufacturers/Other are among the most overvalued industries. The Industrial Goods sector is the most oversold sector followed by Basic Materials, while Gold, Copper, and Industrial Metals/Mineral are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
24.95% SVU Supervalu Inc. Consumer Staples
7.45% SWY Safeway Inc. Consumer Staples
6.32% HPQ Hewlett-Packard Information Technology


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-9.12% FII Federated Investors Inc. Financials
-8.30% MU Micron Technology Information Technology
-8.21% NTAP NetApp, Inc. Information Technology


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 1
Downtrend Broken Resistance 17
Uptrend Support 36
Uptrend Exhaustion 3
Uptrend Broken Support 11
Downtrend Resistance 2
Oversold 12