Friday, March 22, 2013

Weekly Stock Market Overview - March 22, 2013

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -2.08 points or -0.01%. The Standard & Poor's 500 Index dropped -3.81 points or -0.24%, while the Nasdaq Composite dropped -4.07 points or -0.13%. Read More ...

The Consumer Staples Select Sector SPDR sector was the strongest sector (2.12%) last week followed by the 0 sector (XLV%). The Materials Select Sector SPDR sector was the worst performing sector (-1.96%) of the week followed by the sector (XLF%).

The Healthcare sector is the most overvalued sector followed by Consumer Goods, while Food - Major Diversified, Confectioners, and Hospitals are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Technology, while Gold, Agricultural Chemicals, and Copper are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
9.18% WAG Walgreen Co. Consumer Staples
8.67% NKE NIKE Inc. Consumer Discretionary
7.15% MU Micron Technology Information Technology


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-12.00% ORCL Oracle Corp. Information Technology
-11.50% JDSU JDS Uniphase Corp Information Technology
-10.61% NBR Nabors Industries Ltd. Energy


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 1
Downtrend Broken Resistance 16
Uptrend Support 9
Uptrend Exhaustion 37
Uptrend Broken Support 3
Downtrend Resistance 19
Oversold 4