Friday, May 03, 2013

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 261.41 points or 1.78%. The Standard & Poor's 500 Index gained 32.18 points or 2.03%, while the Nasdaq Composite gained 99.37 points or 3.03%. Read More ...

The Technology Select Sector SPDR sector was the strongest sector (3.89%) last week followed by the 0 sector (XLE%). The Utilities Select Sector SPDR sector was the worst performing sector (-0.22%) of the week followed by the sector (XLV%).

The Technology sector is the most overvalued sector followed by Basic Materials, while Processing Systems/Prods, Diversified Commun Svcs, and Computer Peripherals are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Healthcare, while Water Utilities, Drugs - Generic, and Drug Delivery are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
36.36% AMD Advanced Micro Devices Information Technology
14.96% VMC Vulcan Materials Materials
13.84% MCO Moody's Corp Financials


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-7.69% VLO Valero Energy Energy
-7.32% OKE ONEOK Inc. Utilities
-6.44% AGN Allergan, Inc. Health Care


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 22
Uptrend Support 4
Uptrend Exhaustion 42
Uptrend Broken Support 3
Downtrend Resistance 27
Oversold 1