Friday, July 20, 2012

Weekly Stock Market Overview - July 21, 2012

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 45.98 points or 0.36%. The Standard & Poor's 500 Index gained 6.31 points or 0.47%, while the Nasdaq Composite gained 17.51 points or 0.60%. Read More ...

The Energy sector was the strongest sector (3.12%) last week followed by the Materials sector (1.87%). The Financial sector was the worst performing sector (-2.11%) of the week followed by the Consumer Staples sector (-0.76%).

The Basic Materials sector is the most overvalued sector followed by Utilities, while Electric Utilities, Diversified Utilities, and Agricultural Chemicals are among the most overvalued industries. The Technology sector is the most oversold sector followed by Healthcare, while Computer Peripherals, Information Technlgy Svcs, and Multimedia/Graphics Sftwr are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
16.03% BHI Baker Hughes Energy
15.83% SNDK SanDisk Corp. Information Technology
13.61% TXT Textron Inc. Industrials


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-15.91% DF Dean Foods Consumer Staples
-13.70% AMD Advanced Micro Devices Information Technology
-11.30% WFM Whole Foods Market Consumer Staples


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 5
Downtrend Broken Resistance 39
Uptrend Support 3
Uptrend Exhaustion 13
Uptrend Broken Support 1
Downtrend Resistance 51
Oversold 15