Friday, May 10, 2013

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 144.53 points or 0.97%. The Standard & Poor's 500 Index gained 19.28 points or 1.19%, while the Nasdaq Composite gained 57.95 points or 1.72%. Read More ...

The Industrial Select Sector SPDR sector was the strongest sector (2.52%) last week. The Utilities Select Sector SPDR sector was the worst performing sector (-2.59%) of the week.

The Consumer Goods sector is the most overvalued sector followed by Services, while Electronics Stores, Home Furnishing Stores, and Gaming Activities are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Healthcare, while Water Utilities, Drugs - Generic, and Medical Appliances/Equip. are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
25.20% EA Electronic Arts Information Technology
18.18% CLF Cliffs Natural Resources Inc Materials
12.36% MU Micron Technology Information Technology


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-6.36% ADBE Adobe Systems Information Technology
-5.86% NI NiSource Inc. Utilities
-5.74% CHRW C.H. Robinson Worldwide Industrials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 1
Downtrend Broken Resistance 19
Uptrend Support 1
Uptrend Exhaustion 55
Uptrend Broken Support 3
Downtrend Resistance 38
Oversold 0