Saturday, July 28, 2012

Weekly Stock Market Overview - July 27, 2012

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 249.07 points or 1.94%. The Standard & Poor's 500 Index gained 23.06 points or 1.69%, while the Nasdaq Composite gained 31.78 points or 1.09%. Read More ...

The Financial sector was the strongest sector (2.64%) last week followed by the Industrial sector (2.42%). The Materials sector was the worst performing sector (-0.76%) of the week followed by the Utilities sector (1.09%).

The Basic Materials sector is the most overvalued sector followed by Consumer Goods, while Confectioners, Beverages-Winery/Distlers, and Cigarettes are among the most overvalued industries. The Industrial Goods sector is the most oversold sector followed by Services, while Gaming Activities, Specialty Retail Other, and Metals Fabrication are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
40.87% PCS MetroPCS Communications Inc. Telecommunications Services
18.08% S Sprint Nextel Corp. Telecommunications Services
17.30% SYMC Symantec Corp. Information Technology


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-28.98% DV DeVry Inc. Industrials
-25.79% IGT International Game Technology Consumer Discretionary
-14.37% CLF Cliffs Natural Resources Inc Materials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 5
Downtrend Broken Resistance 49
Uptrend Support 11
Uptrend Exhaustion 1
Uptrend Broken Support 1
Downtrend Resistance 37
Oversold 21