Friday, September 14, 2012

Weekly Stock Market Overview - Sep 14, 2012

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 286.73 points or 2.15%. The Standard & Poor's 500 Index gained 27.85 points or 1.94%, while the Nasdaq Composite gained 47.53 points or 1.52%. Read More ...

The Energy sector was the strongest sector (4.25%) last week followed by the Financial sector (3.83%). The Utilities sector was the worst performing sector (-0.22%) of the week followed by the Consumer Staples sector (0.06%).

The Basic Materials sector is the most overvalued sector followed by Conglomerates, while Oil & Gas Pipelines, Oil & Gas Equipment/Svcs, and Agricultural Chemicals are among the most overvalued industries. The Healthcare sector is the most oversold sector followed by Industrial Goods, while Drug Delivery, Health Care Plans, and Metals Fabrication are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
21.86% VMC Vulcan Materials Materials
14.13% CLF Cliffs Natural Resources Inc Materials
14.06% ATI Allegheny Technologies Inc Materials


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-6.18% TDC Teradata Corp. Telecommunications Services
-4.80% AZO AutoZone Inc. Consumer Discretionary
-4.60% ARG Airgas Inc. Materials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 60
Uptrend Support 6
Uptrend Exhaustion 53
Uptrend Broken Support 1
Downtrend Resistance 93
Oversold 3