Friday, May 04, 2012

Weekly Stock Market Overview - May 4th, 2012

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -190.04 points or -1.44%. The Standard & Poor's 500 Index dropped -34.26 points or -2.44%, while the Nasdaq Composite dropped -112.86 points or -3.68%. Read More ...

The Utilities sector was the strongest sector (-0.11%) last week followed by the Consumer Staples sector (-0.55%). The Energy sector was the worst performing sector (-3.53%) of the week followed by the Materials sector (-3.38%).

The Utilities sector is the most overvalued sector followed by Financial, while Water Utilities, Regional-Mid-Atlantc Bnks, and REIT - Residential are among the most overvalued industries. The Technology sector is the most oversold sector followed by Conglomerates, while Computer Peripherals, Wireless Communications, and Semiconductr-Memory Chips are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
22.78% SUN Sunoco., Inc. Energy
7.14% MAS Masco Corp. Industrials
4.99% PWR Quanta Services Inc. Industrials


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-14.11% MWW Monster Worldwide Industrials
-13.82% PRU Prudential Financial Financials
-12.45% RRD R.R. Donnelley & Son Industrials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 4
Downtrend Broken Resistance 18
Uptrend Support 38
Uptrend Exhaustion 6
Uptrend Broken Support 4
Downtrend Resistance 17
Oversold 13