Friday, June 29, 2012

Weekly Stock Market Overview - June 29, 2012

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 239.31 points or 1.89%. The Standard & Poor's 500 Index gained 27.14 points or 2.03%, while the Nasdaq Composite gained 42.63 points or 1.47%. Read More ...

The Energy sector was the strongest sector (4.62%) last week followed by the Materials sector (3.10%). The Technology sector was the worst performing sector (0.86%) of the week followed by the Consumer Discretionary sector (1.09%).

The Utilities sector is the most overvalued sector followed by Healthcare, while Electric Utilities, Diversified Utilities, and Drug Manufacturers/Major are among the most overvalued industries. The Technology sector is the most oversold sector followed by Conglomerates, while Wireless Communications, Networking & Commun Dvcs, and Computer Peripherals are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
39.70% STZ Constellation Brands Consumer Staples
17.22% LEN Lennar Corp. Consumer Discretionary
13.95% PHM Pulte Homes, Inc. Consumer Discretionary


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-13.95% ORLY O'Reilly Automotive Inc. Consumer Discretionary
-11.69% NKE NIKE Inc. Consumer Discretionary
-8.56% WLP WellPoint Health Networks Health Care


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 1
Downtrend Broken Resistance 35
Uptrend Support 6
Uptrend Exhaustion 2
Uptrend Broken Support 0
Downtrend Resistance 23
Oversold 9