Friday, February 22, 2013

Weekly Stock Market Overview - Feb 22, 2013

It was a mixed week for the major markets. For the week the Dow Jones Industrial Average gained 18.81 points or 0.13%. The Standard & Poor's 500 Index dropped -4.19 points or -0.28%, while the Nasdaq Composite dropped -30.21 points or -0.95%. Read More ...

The Consumer Staples sector was the strongest sector (1.73%) last week followed by the Utilities sector (1.25%). The Materials sector was the worst performing sector (-2.85%) of the week followed by the Consumer Discretionary sector (-1.43%).

The Healthcare sector is the most overvalued sector followed by Consumer Goods, while Food - Major Diversified, Hospitals, and Meat Products are among the most overvalued industries. The Conglomerates sector is the most oversold sector followed by Basic Materials, while Gold, Copper, and Industrial Metals/Mineral are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
14.35% HPQ Hewlett-Packard Information Technology
13.48% JCP Penney (J.C.) Consumer Discretionary
11.12% SWY Safeway Inc. Consumer Staples


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-9.46% HUM Humana Inc. Health Care
-8.43% ATI Allegheny Technologies Inc Materials
-8.25% CLF Cliffs Natural Resources Inc Materials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 1
Downtrend Broken Resistance 16
Uptrend Support 18
Uptrend Exhaustion 16
Uptrend Broken Support 3
Downtrend Resistance 14
Oversold 5