Friday, March 15, 2013

Weekly Stock Market Overview - March 15, 2013

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 117.04 points or 0.81%. The Standard & Poor's 500 Index gained 9.52 points or 0.61%, while the Nasdaq Composite gained 4.70 points or 0.14%. Read More ...

The Financial Select Sector SPDR sector was the strongest sector (1.12%) last week followed by the 0 sector (XLE%). The Consumer Staples Select Sector SPDR sector was the worst performing sector (-0.35%) of the week followed by the sector (XLK%).

The Conglomerates sector is the most overvalued sector followed by Consumer Goods, while Food - Major Diversified, Home Furnishings/Fixtures, and Toys & Games are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Healthcare, while Water Utilities, Drug Delivery, and Medical Labs & Research are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
9.17% PBI Pitney-Bowes Industrials
7.87% SEE Sealed Air Corp.(New) Materials
7.29% CNP CenterPoint Energy Utilities


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-10.68% CLF Cliffs Natural Resources Inc Materials
-8.98% EW Edwards Lifesciences Corp Health Care
-5.12% EBAY eBay Inc. Consumer Discretionary


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 2
Downtrend Broken Resistance 13
Uptrend Support 3
Uptrend Exhaustion 126
Uptrend Broken Support 3
Downtrend Resistance 42
Oversold 1