Friday, June 15, 2012

Weekly Stock Market Overview - June 15, 2012

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 212.97 points or 1.70%. The Standard & Poor's 500 Index gained 17.18 points or 1.30%, while the Nasdaq Composite gained 14.38 points or 0.50%. Read More ...

The Energy sector was the strongest sector (1.74%) last week followed by the Financial sector (1.44%). The Materials sector was the worst performing sector (-0.14%) of the week followed by the Consumer Discretionary sector (0.02%).

The Utilities sector is the most overvalued sector followed by Industrial Goods, while Diversified Utilities, Electric Utilities, and General Contractors are among the most overvalued industries. The Financial sector is the most oversold sector followed by Basic Materials, while Industrial Metals/Mineral, Investmnt Brokerage-Natl, and Diversified Investments are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
13.91% FTR Frontier Communications Telecommunications Services
10.53% EW Edwards Lifesciences Corp Health Care
9.73% COG Cabot Oil & Gas Corp. Energy


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-8.78% STJ St Jude Medical Health Care
-7.64% DV DeVry Inc. Industrials
-7.64% NFX Newfield Exploration Co Energy


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 10
Downtrend Broken Resistance 19
Uptrend Support 13
Uptrend Exhaustion 14
Uptrend Broken Support 1
Downtrend Resistance 22
Oversold 28