Friday, August 17, 2012

Weekly Stock Market Overview - Aug. 17, 2012

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 67.25 points or 0.51%. The Standard & Poor's 500 Index gained 12.29 points or 0.87%, while the Nasdaq Composite gained 55.73 points or 1.84%. Read More ...

The Technology sector was the strongest sector (2.06%) last week followed by the Consumer Discretionary sector (1.82%). The Utilities sector was the worst performing sector (-1.20%) of the week followed by the Health Care sector (-0.54%).

The Technology sector is the most overvalued sector followed by Consumer Goods, while Home Furnishings/Fixtures, Wireless Communications, and Toys & Games are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Healthcare, while Health Care Plans, Drug Delivery, and Drug Manufacturers/Other are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
15.69% SHLD Sears Holdings Corporation Consumer Discretionary
12.25% ANF Abercrombie & Fitch Co. Consumer Discretionary
11.07% PCS MetroPCS Communications Inc. Telecommunications Services


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-15.44% SPLS Staples Inc. Consumer Discretionary
-8.17% A Agilent Technologies Information Technology
-7.42% PRGO Perrigo Co Health Care


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 58
Uptrend Support 9
Uptrend Exhaustion 21
Uptrend Broken Support 2
Downtrend Resistance 97
Oversold 0