Friday, July 13, 2012

Weekly Stock Market Overview - June 13, 2012

It was a mixed week for the major markets. For the week the Dow Jones Industrial Average dropped -2.38 points or -0.02%. The Standard & Poor's 500 Index gained 1.99 points or 0.15%, while the Nasdaq Composite dropped -28.62 points or -0.97%. Read More ...

The Financial sector was the strongest sector (1.52%) last week followed by the Utilities sector (1.47%). The Technology sector was the worst performing sector (-1.39%) of the week followed by the Materials sector (-1.14%).

The Utilities sector is the most overvalued sector followed by Healthcare, while Drug Related Products, Drug Manufacturers/Major, and Electric Utilities are among the most overvalued industries. The Technology sector is the most oversold sector followed by Consumer Goods, while Recreational Goods Other, Multimedia/Graphics Sftwr, and Networking & Commun Dvcs are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
6.68% TGT Target Corp. Consumer Discretionary
6.46% URBN Urban Outfitters Inc. Consumer Discretionary
6.42% FAST Fastenal Co. Industrials


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-24.70% LXK Lexmark Int'l Inc Information Technology
-15.10% AMD Advanced Micro Devices Information Technology
-14.93% JDSU JDS Uniphase Corp Information Technology


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 9
Downtrend Broken Resistance 54
Uptrend Support 19
Uptrend Exhaustion 11
Uptrend Broken Support 1
Downtrend Resistance 14
Oversold 45