Thursday, March 28, 2013

Weekly Stock Market Overview - March 28, 2013

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 66.51 points or 0.46%. The Standard & Poor's 500 Index gained 12.30 points or 0.79%, while the Nasdaq Composite gained 22.52 points or 0.69%. Read More ...

The Utilities Select Sector SPDR sector was the strongest sector (2.44%) last week followed by the 0 sector (XLV%). The Financial Select Sector SPDR sector was the worst performing sector (0.19%) of the week followed by the sector (XLB%).

The Healthcare sector is the most overvalued sector followed by Utilities, while Hospitals, Biotechnology, and Drug Related Products are among the most overvalued industries. The Conglomerates sector is the most oversold sector followed by Technology, while Printed Circuit Boards, Telecom Services/Domestic, and Networking & Commun Dvcs are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
8.21% BIIB BIOGEN IDEC INC Health Care
7.67% MHP McGraw-Hill Consumer Discretionary
7.54% GILD Gilead Sciences Health Care


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-8.43% CLF Cliffs Natural Resources Inc Materials
-4.53% STJ St Jude Medical Health Care
-4.17% AAPL Apple Computer Information Technology


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 1
Downtrend Broken Resistance 11
Uptrend Support 22
Uptrend Exhaustion 53
Uptrend Broken Support 6
Downtrend Resistance 22
Oversold 3