Friday, August 10, 2012

Weekly Stock Market Overview - Aug. 10, 2012

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 114.85 points or 0.88%. The Standard & Poor's 500 Index gained 14.84 points or 1.07%, while the Nasdaq Composite gained 53.68 points or 1.81%. Read More ...

The Materials sector was the strongest sector (2.76%) last week followed by the Energy sector (2.65%). The Utilities sector was the worst performing sector (-0.87%) of the week followed by the Consumer Staples sector (-0.34%).

The Technology sector is the most overvalued sector followed by Basic Materials, while Agricultural Chemicals, Long Distance Carriers, and Diversified Commun Svcs are among the most overvalued industries. The Healthcare sector is the most oversold sector followed by Industrial Goods, while Health Care Plans, Farm/Construction Machnry, and Metals Fabrication are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
36.09% DF Dean Foods Consumer Staples
26.36% FOSL Fossil, Inc. Consumer Discretionary
26.19% CSC Computer Sciences Corp. Information Technology


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-7.39% FE FirstEnergy Corp. Utilities
-7.31% BIG Big Lots, Inc. Consumer Discretionary
-6.78% VNO VORNADO RLTY TR Financials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 57
Uptrend Support 5
Uptrend Exhaustion 11
Uptrend Broken Support 3
Downtrend Resistance 104
Oversold 3