Friday, May 11, 2012

Weekly Stock Market Overview - May 11, 2012

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -217.67 points or -1.67%. The Standard & Poor's 500 Index dropped -15.71 points or -1.15%, while the Nasdaq Composite dropped -22.52 points or -0.76%. Read More ...

The Utilities sector was the strongest sector (1.01%) last week followed by the Health Care sector (0.16%). The Financial sector was the worst performing sector (-1.92%) of the week followed by the Materials sector (-1.88%).

The Utilities sector is the most overvalued sector followed by Healthcare, while Water Utilities, Drug Manufacturers/Other, and Diversified Utilities are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Technology, while Computer Peripherals, Gold, and Copper are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
19.77% MWW Monster Worldwide Industrials
17.72% DF Dean Foods Consumer Staples
8.54% TSN Tyson Foods Consumer Staples


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-13.68% CSCO Cisco Systems Information Technology
-12.87% DNB The Dun & Bradstreet Corp. Industrials
-12.69% PBI Pitney-Bowes Industrials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 12
Downtrend Broken Resistance 10
Uptrend Support 118
Uptrend Exhaustion 4
Uptrend Broken Support 5
Downtrend Resistance 11
Oversold 44