Saturday, April 20, 2013

Weekly Stock Market Overview - April 20, 2013

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -317.55 points or -2.14%. The Standard & Poor's 500 Index dropped -33.60 points or -2.11%, while the Nasdaq Composite dropped -88.89 points or -2.70%. Read More ...

The Utilities Select Sector SPDR sector was the strongest sector (0.99%) last week followed by the 0 sector (XLP%). The Energy Select Sector SPDR sector was the worst performing sector (-4.41%) of the week followed by the sector (XLK%).

The Healthcare sector is the most overvalued sector followed by Utilities, while Diversified Utilities, Electric Utilities, and Biotechnology are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Conglomerates, while Agricultural Chemicals, Gold, and Aluminum are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
15.27% S Sprint Nextel Corp. Telecommunications Services
6.60% GWW Grainger (W.W.) Inc. Industrials
4.86% SHW Sherwin-Williams Consumer Discretionary


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-11.61% TXT Textron Inc. Industrials
-11.60% SHLD Sears Holdings Corporation Consumer Discretionary
-11.53% FCX Freeport-McMoran Cp & Gld Materials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 4
Downtrend Broken Resistance 10
Uptrend Support 61
Uptrend Exhaustion 13
Uptrend Broken Support 4
Downtrend Resistance 9
Oversold 17